FST Network Review


What is the FST Network?
  • FST Network is designed to bring Smart Scalability, Modularisation and User - Friendliness to the Blockchain World.
  • The world's first ecosystem that creates service modules with industrial engineering thinking, supporting companies to quickly and steadily build grounded applications and services without the need for Blockchain developers.
BLOCKCHAIN MODULE
  • The biggest feature of FST Network is to inductively deconstruct complex Blockchain technology to diverse and secure modules, just like a Blockchain factory, which greatly reduces the technical know-how and development costs.
  • At the same time, modular Blockchain emphasises in providing enterprises with high flexibility, scalability and diversity, making it easy to create multiple applications, and end-users can enjoy better applications and services.
  • With 3 unique protocols and 2 major standards, enterprises can quickly achieve "tokenisation", "Dapp development", "data exchange", and even "cross-chain connection" through assembling modules.
  • FST Network enables enterprises to focus on business models and enable Blockchain applications with secure and stable technical support.
  • Source Code - GitLab: https://gitlab.com/fst.network
  • Source Code - Github: https://github.com/fstnetwork
LAYER 3 BLOCKCHAIN
  • In order to allow people to use Blockchain technology without frequent contact with difficult and incomprehensible underlying technologies, the market needs an intermediary layer as a bridge that connects business applications with the underlying layer technology, allowing anyone who participates in Blockchain ecosystem not to feel the presence of Blockchain, but can enjoy the benefits of Blockchain.
  • FST Network builds a Layer 3 architecture on top of various protocols, complements the underlying layer technology with the aid of modules. Regardless of the underlying chain protocol is Ethereum, EOS or RSK, or sidechain and accelerated services of the Layer 2 technology, FST Network is compatible with different protocols, support diverse business needs, accelerate the application of Blockchain technology, and eventually achieve a new era of evolution.
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PRODUCTS
  • Module Kits: Traditional development systems can be integrated with Blockchain via APIs and SDKs to support business needs. They have successfully implemented grounded modules on Ethereum and supported client Dapp development. They will continue to release diverse modules to drive more applications.
  • SHeX: is a solution for enterprises to build decentralised data exchanges. Clients can quickly create a decentralised cross-chain token (information) exchange with efficiency and high-level security through assembling multiple modules and unique protocols. (Relay Network, Order-matching Network, Cross-chain settlement).
  • Tokeneden: is the wallet and decentralised tokenisation platform. Clients can issue and manage tokens (e.g. promotion and airdrops) through CRM tools on this platform without any programming. More modules will be put in place and extended to other public chain ecosystems (e.g. EOS, RSK) to provide more functions and achieve an ideal Blockchain-free development environment.
  • EnSo: Enterprise-ready Blockchain development solution for large-scale projects. EnSo can benefit large projects (e.g. Supply Chain, Industry 4.0, IoT, Smart City) by assembling various practical modules and setting up customised underlying protocols and consensus mechanism.
FST TOKEN
  • FST Smart Token runs through and supports the entire FST Network. Enterprises, developers and users can use our products and services with FST to enter the Blockchain world and become an Internal nodes in FST Network to accelerate the development of the entire Blockchain ecosystem.
  • FST Network needs FST token as an Ultimate Key to run through the entire modular ecosystem.
  • In addition to being the payment medium for the use of modules, it also can be staked by participants for being the nodes to maintain the ecosystem by acting as a verifier in the FST Network’s 3 unique protocols.
Token Utility
  • Licensing Fee: In exchange for licensing to use the APIs and ABI modules provided by FST Network.
  • Fuel fee: The execution fee required to drive the module, which is valued and charged by FST Service Gas. (FST Service Gas is obtained by FST top-up)
  • Stake: As a qualification for the various nodes in FST Network ecosystem (running software becomes the node for double-layer mining) and a guarantee for executing the escrow box modules.
TOKEN STANDARD
  • The token standard aims to satisfy the business needs and provide the perfect foundation for Blockchain products and services, creating the possibility of setting up grounded applications and creating automation.
    Service-Friendly Token Standard
  • To support business with sufficient utilities of token, this standard has greatly reduced the difficulty of integration with smart contracts and traditional software, achieving complex operations of business logics such as triggering serial smart contracts continuously.
  • FST Network has completed the implementation on Ethereum (as ERC-1376). Besides compatibility of ERC-20, this can remove the charge of ETH gas of end-users, support Ethereum initiative operations and other tokenisation barriers.
ROADMAP

TEAM
  • Jack Chu: CEO, Co-Founder
  • Noel Bao: CTO, Co-Founder
  • Darren Goh: CMO, Co-Founder
  • Leo Chou: COO, Co-Founder
  • Atkins Chang: CIO, Co-Founder

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