The f(x) ecosystem is fully decentralized. It’s designed and built to run autonomously in perpetuity without the reliance or supervision of any individual or organization. To support this autonomous structure, f(x) Coin which is the underlying ‘currency’ within the f(x) ecosystem has to be decentralized in terms of its distribution, allocation, control, circulation and the way it’s being generated.
BaaSid divides the texts and images of personal information, splits and distributes them on a public network based on a block chain. BaaSid is a 100% decentralized personal information network that enables all companies to securely and conveniently use all their personal authentication without operating a centralized DB server.