Topic: [ANN] [ICO] [FZX] Fizcal - Blockchain Accounting - Token Sale 6th June 2018 - page 3. (Read 10455 times)

The concept of double entry accounting software whether all implementations of accounting software will be secure and by involving every transaction or business event to be recorded in at least two accounts it will be safe without any constraints in syncing other accounts.

Good morning, where are the technical characteristics of the "Fizcal" currency? such as block time, gain per block found, type of algorithm among other information that the article leaves to be desired about the technical characteristics of the coin?

The PRE ICO was sold out ($1.1m).
Was delayed for legal reasons, the upshot being that we have had to block residents of China, Canada and the USA from participating in the token sale.

Latest Press Release

Fizcal Brings Accounting to the Blockchain Through Token Sale
Fizcal (FZX) brings the world of accounting to the Blockchain and is announcing its Token Sale. The Token Sale runs June 6th- July 5th.

Fizcal is the next generation of accounting software that uses Blockchain technology to implement triple entry accounting, and uses AI and machine learning to improve businesses.  Fizcal’s aim to be the first to market in developing a fully decentralised triple entry framework for bookkeeping and accounting, a concept first developed by Yuji Ijiri in 1989.
The global market size for accounting services in 2016 is over $200bn and growing at a steady rate of 1.5%. In the US alone, the figure is $90bn.  Fizcal aims to tap into this market by offering a next generation accounting solution that brings together the world of Accounting and the Blockchain.

What benefits does the Blockchain bring to Accounting?

With triple entry accounting, the transactions are recorded directly into a joint distributed register, creating an interlocking system of enduring accounting records.
Fizcal will also revolutionise the process of Audits.  With Accounting on the Blockchain, the cost and time to conduct an audit would decline considerably, as a large part of the data verification would be automated.  This will lead to an increased frequency of audits on the full data set due to the efficiency and time saving nature of distributed ledgers audits.

The Fizcal system is fully decentralized and self governing. All data added to the Blockchain is encrypted, and the system has no single point of failure unlike current cloud accounting solutions.  The ICO will create Fizcal Coins (FZX), a deflationary currency providing maximum value to investors.

Here's how the deflationary economy works with Fizcal coin.
The pool of subscription money is split between new coins minted and coins destroyed.
The amount of new coins minted and coins destroyed will auto adjust to ensure demand outweighs supply.
Larger Investors have the opportunity to earn additional returns by operating Fizcal Masternodes.
Fizcal Masternodes operate as consensus nodes and earn revenue from a fixed staking rate plus additional revenue from subscriptions.
The more subscribers that use Fizcal, the greater the value of Fizcal coins.

Fizcal has the potential to revolutionise the world of Accounting, Auditing and Finance.
Imagine the world of Accounting connected via the Blockchain, imagine the power of Fizcal.
Register for further updates on the Token Sale at fizcal.co
Also check out our video https://youtu.be/acyl-T1d49Q

so what was the amount of collected funds of pre ico and why the ico is delayed?

This looks very worth watching.

Can someone please tell me - WHEN THE END DATE of this Bounty Campaign?
Thanks in advance.

Don't trust this coin at all. My account was hijacked just to post positive messages in this thread. You have been warned.

Agree, just purchased some using etheruem... Ethereum price not going anywhere at the moment.

It's a great idea and team is looking promising.
Good luck guys.

Just invested, project has a great usecase

The first round of the pre ICO has already sold out ($100k).
We're keeping the open sale pre ICO at the same price.

How much have they raised so far? I think of investing but need to know how much they rased first.

Love the potential of this project so just purchased

Just joined the twitter campaign.

Just purchased.
Good luck with the ICO.

Unsold coins will be destroyed

The white paper is available in 8 languages

Is their a bounty for translating the white paper?

What happens to unsold coins in the ICO?