Modern Finance Chain (MFChain) is a smart contract-based platform with merchant payment processing integration. MFChain allows users to transact using their supported favorite coins, based on a zero-fee model along with a merchant rewards program. MFX token is an Ethereum-based (ERC20) cryptocurrency developed by the Modern Finance Chain platform. The native MFX token can be used to receive rewards payments, affording the merchant and consumer with the choice on how they would like to spend their rewards.