FUSION - A New Era of Cryptofinance for the Internet of Values

in #crypto6 years ago

Hello, this is my entry for a writing contest sponsored by @OriginalWorks for Dejun Qian's new platform named FUSION.

But first, What FUSION means?

FUSION is an inclusive public blockchain that provides the infrastructure and architecture for fully fledged financial functions on the blockchain.

FUSION is opening a new era of cryptofinance for the Internet of Values. By cooperating with financial institutions, cryptocurrency companies, 3rd party app developers, academia and the broader cryptocurrency community, FUSION is building a broad finance ecosystem on the blockchain.


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From memorable time the finances or have been a fundamental pillar for the evolution of the human race with the exchange of capital between individuals, companies or states. These exchange or commercialization processes were centralized by financial companies to manage resources through paper money.

Already for the twentieth century there was a massive growth in banking activity which led to the establishment of financial regulation in almost all countries, to establish the minimum standards of banking activity and financial competition and avoid or face possible bank failure .

With the arrival of the internet, the finances took a 360 degree turn, with the exit in 2009 of Bitcoin cryptocurrency and Blockchain technology, with a completely decentralized commercialization process without any control by any government or financial company.

Currently cryptocurrencies have had an unparalleled reception, however, they still have compatibility problems in the blockchain, for this reason a team made up of industry veterans and commanded by CEO and founder Dejun Qian who also founded VeChain, a cryptocurrency with a value of more than 2 billion dollars at the time of writing these lines create FUSION a new platform for cryptofinance which will allow to resolve the gap between the compatibility previously exposed.

Fusion poses the following questions for your knowledge:

What are the benefits of having a cross-chain financial platform?

  • The FUSION public blockchain is absolutely independent from third party interference.

  • Due to the development of several blockchains and tokens, a division is being formed that results in a cost and inefficiency for the end user. This limits the scope of each "value" to its respective environment.

  • By breaking the barrier between chains and organizations, Fusion aims to completely close the costly gap that has formed in the world of cryptofinance and allow financial processes to be organized in an organized manner.

How will Fusion help boost the "Internet of values"?

Fusion will allow blockchain developers to create applications for the new world of cryptofinance that allows intelligent contracts of multiple tokens, which will significantly boost the Internet of values.

What are some use cases for Fusion?

Case 1: Risk-free Token Loan


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Case 2: Risk-free Contracts Market


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Case 3: Mortage Smart Contract


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The use cases depicted in the videos are great possibilities of how Fusion can be implemented.

How does the ability to chain mapping and transaction logic improve interoperability?

Fusion will use DCRM (Distributed Control Rights Management) to control private keys to enable the mapping of cross-chain cryptocurrencies. These private keys would be distributed in a decentralized way ("distributed storage") to guarantee that no node has any private key in its entirety ("key fragmentation").

The interoperability will allow Fusion to manage in a less expensive and safer way all the crypto currencies that each user has in the blockchain and thus "break the barrier between the chains and the organizations.

What are the benefits of being able to use financial tools, traditionally operated by the bank, in a decentralized way among the users of the cross chain?

Fusion will allow the development of a wide range of interconnected financial tools, implementing as one of its best benefits the connection between all the tokens that each user has in the world of cryptofinanza.

More Information & Resources About FUSION:
Fusion Website
Fusion Sumary
Fusion Whitepaper
Fusion Videos Page
Fusion Linkedin
Fusion Contac
Fusion Telegram
Fusion Github
Fusion Twitter
Fusion Facebbok
Fusion Reddit
Fusion Bitcointalk
Fusion Medium

If you want to take part in this writing contest go here.

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