ZumCoin- Simplified Private Digital Currency- is a robust blockchain technology designed to provide decentralized cross-border payments; faster, cheaper, and secure. It is an open-source project; being developed by a diverse team of technically competent individuals who are well-versed in distributed ledger technologies, cryptography, and economics. The project is aimed to develop a multi-layer robust blockchain ecosystem that is founded on three basic tenets: PRIVACY — FREEDOM — EQUALITY
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.