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FILO ICO - New Face of Technology

Category: ICO

FILO is an advanced blockchain platform that aims to improve the sharing economy as we see it. The Filo platform utilizes the power of blockchain to create an ecosystem of services, where service providers can integrate their offerings to enable direct access to the consumers who need them.

As of now, a ride-sharing app of Filo is already operating in Singapore and some other countries providing cost-effective ride hiring services to customers. The Filo ride-sharing app will be soon shifted from its current centralized system to a decentralized blockchain for the purpose of building a completely user-oriented system that is controlled and used by the service providers and users and is free of middlemen.

In addition, the Filo platform will also host a series of other decentralized apps to enable service providers in various industries, including food, health, renovation, cleaning, concierge, etc. to offer their services directly to consumers over a decentralized platform that is free of agents.

1. The technology behind

The Filo network is based on the blockchain technology which is probably the most-advanced security mechanisms of the modern time. Blockchain enables the development of decentralized apps for peer-to-peer services through which service providers can connect directly with their service users. The technology also enables users to perform secure transactions on the network with complete privacy and control of their data.

The Filo network has been developed on the ERC20 standard of the Ethereum blockchain which is fast and more secure than other blockchains out there.

2. The Filo token

The Filo token is an ERC20 cryptocurrency that can be used for payment of services across the Filo network. As the platform will host a number of Dapps and enable services through them, the users can pay for these services in Filo tokens.

Filo tokens can be purchased during the ICO event, which will be held in the coming months. For more details, visit the website.


Contact
Media Contact
Name: Mr. Jason Tan (Founder and Director)
Address: 2 Venture Drive #06-29 Vision Exchange,
Singapore 608526
Email: ico@filo.sg
Website: https://filotech.io/
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