
In today’s day and age, blockchain-based technology and its applications have advanced innovation in many fields, such as electronic money transfers, personal banking, online payments, the Internet of Things, distributed storage, digital voting, and others. While most of the cryptocurrencies have a dystopian future in vision, in which the end-user is 100% disconnected from the finance industry, some new players have started to fill in this gap (Ripple, Populous, etc.) by becoming a bridge between financial institutions or companies and the cryptocurrency adopters. In the same fashion, FOIN aims to be the cryptocurrency for the finance sector, enabling the coin holders to gain from its inherent cryptographical model (Proof of Stake) and from the range of financial instruments made available through the FOIN ecosystem.