Since the beginning of time,Trust has been a well know value among human beings, several people in different parts of the world would accept Trust as being one of their core values to human living.

Image Source

The issue of trust has been a motivating factor in the making of the vision and mission of cm several financial industries of the world.
Several parts of human interactions and endeavors has been controlled by lack of trust, which has necessitated the introductions of middlemen in Human living.

For instance:

• In Finance, we have the banks and other financial institutions serving as middlemen.
• In our family lives, we employ the services of Counselors, to work as middlemen.
• In health, the doctors and other health workers serves as out middlemen.
• In relationships, the lawyers and magistrates are present to enforce trust.

After the advent of the Internet in the early 1960s , there was a total revamp on the way we lived and operated. Human beings were introduced to a whole new world and a different approach to life.

Source

Our lives underwent a reshaping as things we knew and did where been replaced daily by new ideologies and paradigms.

As illustrations:

• Emails took the place of Letters and mails and Email service providers acted as automated Post offices.
• Internet telephony replaced Use of Land lines and Pay phones.
• Online music revamped The music industry as cassettes were no longer needed.
• Digits newspapers took the place of conventional newspapers.
• Instant messaging, internet forums and social networking replaced our community meetings and social lifestyle.
• Online shopping facilities sprang up and became head on competitors of our marketplace.
• Blogging now became a new way of life as opposed to book writing and printing.

Summarily, we had no choice than to adapt to a whole new world.

When Cryptocurrency and Blockchain technology was introduced By the creators of Bitcoin in 2009, we saw a different world ready to be explored and we began a new cycle toward adaptation.

With every innovation comes a problem to be solved.

And in a these innovations we've seen overtime, there is still one issue that begs to be solved,

THE PROBLEM OF "TRUST"

• Can we effectively leave our children in the hands of upcoming technologies and trust that we will receive a better result than what we can possible achieve?

• Is it possible for us to turn to the Internet of things and expect values in return for our devotion and time?

• Can we trust that our health, finances and relationships would become better when we embrace blockchain technologies?

• Can we hope that the society would become better economically, financially and otherwise, if we leave everything to the management of decentralized ecosystems?

These and more are several questions which have haunted us, arising from issues of trust and of which Fusion has come to solve and give tangible and trustworthy answers to.

What is Fusion?

Image Source

Fusion is a public blockchain technology aimed at breaking off the bureaucratic processes involved in financial ecosystems. Fusion is poised at creating an inclusive platform which would create a new Era of Internet of Values.

Fusion is bringing trust to the table by creating a decentralized Cryptofinance ecosystem, where accurate, effective and scalable integration of all blockchains would be achieved.

Fusion utilized distributed network nodes to control various types of tokens to ensure that an interoperable management system is established for all types of blockchains. This makes cross-chain financial platforms possible.

Benefits of Cross-Chain Financial Platforms

A Cross-chain financial platform is simply a system which has potentials to cut across several blockchains and utilize resource available to each blockchain uniformly.

For example, A cross-chain financial platform is one that can involve Bitcoin Blockchain technology and Ethereum Blockchain or any other blockchain in transactions and functions.

In otherwords, imagine sending Ethereum to Someone using the steem blockchain, some benefits that this would accrues includes:

• Faster Transactions
• No transaction fees in forma of gas and gwei.
• 3-6 seconds reception. Et cetera.

Generally , the benefits of Cross-Chain financial platform are enormous and they includes:

Trust:

With the use of Cross-Chain platforms, trust would be established as every Blockchain would be available for utilization. Also the activities of middlemen would be removed as all blockchains would be available and easily accessible.

Inclusiveness :

Source

Fusion Blockchain integrating Cross-Chain would trigger inclusiveness of all the benefits of several Blockchain technologies and remodelling of a smart contracts ,Blockchains will work together and become intertwined.

Ease Of Access:

Source

Cross-Chain platforms triggers ease of access to any Blockchain within its core algorithm. For cross chain ecosystems, developers can have a wide array of resources with which to explore.

Top-Notch solutions:

The advent of Cross-Chain platforms would trigger development of top-notch blockchain solutions as challenges of different technological properties and non-adaptability of projects to blockchains would be eliminated.

Lesser Cost of Transactions:

Source

As part of the benefits of Cross-Chains, blockchains with little or no transaction fees for transactions would be merged with blockchains with high speed transaction rates, and the results would be amazing - Innovation all the way.

Effective Management of Tokens:

Different blockchain technology available has made it very difficult for users to Manage tokens effectively, for instance, user having tokens in the Ethereum Blockchain, waves Blockchain and NeoChain blockchain, would have to Have several wallets supporting these blockchains to be able to manage his/her tokens, but with fusion, All tokens would be effectively stored in one place, making it a safe, secured and very efficient means of storing tokens.

How Fusion would Propel the Internet of Values

The Internet of Values is an adumbration from the "Internet of Things", it is a term used to denote the reception of values from the Internet,
Values can be in many forms, it can be in form of happiness, peace, love, finance, Career, etc.

Just like the internet of Information, which revamped the way information was being passed from letters through post offices, Fusion plans to

Bring the Internet of things to our doorsteps,Creating a new system : a value transfer infrastructure based on various token, leading to an exciting new era of Internet of Values.

Fusion will Propel the Internet of Values because of the following reasons;

Source

1. INTEROPERABILITY:

Source

The introduction of Cross-Chain technology which would include Cryptocurrencies available and those to be created would cause a dramatic change and innovation to the way decentralized systems are built, Fusion would make it possible for different blockchain technologies to be utilised in bringing value to the entire world.

2. SCALABILITY :

Source
Fusion is highly scalable, hence it makes it easy for Smart Contract to be created and several value adding projects to be carried out.

3. USABILITY :

Source

Several Blockchain technologies have different modes of operation, Fusion plans to combine each of them in such a way that it would be easy for the average human being to use, thereby encouraging decentralization of more centralized projects, and creating more opportunities for adding values from the internet.

This will be achieved trough the use of Fusion's Cryptofinance Tools.

Some Use-Cases of Fusion:

A. Risk-free Token Loan: Using the Fusion blockchain, users can request for loans without collateral, A fusion based Smart contract will create and control The Risk free Token Loan. See the video explanation here

B. Risk-Free Contract Market:

Fusion Risk free Contract smart contract works like banks cheques that allows Buyers and lenders Can buy and sell using Smart Contracts.Using this, everybody wins
See explanation video here

C. Mortgage Smart Contracts:

Fusion Mortgage Smart Contract can be used to mortgage properties and other belongings using smart contracts, See video below;

Other use cases of Fusion includes:

1. Fusion can be used by Smart Contractors for effective token distributions without the need to burn gas.

2. Fusion can effectively combine Proof-Of-Stake tokens (for instance Reccoin of the waves Blockchain) and Proof-of-work tokens (example STEEM) to create a whole new token and algorithm which would be deemed unimaginable prior to this time.

3. With Fusions, transactions can be faster, effective and easily accessible, for instance Ethereum Blockchain uses a public key of 40 characters and a mnemonic of 12 phrases, Fusion on the other hand,Fusion utilized an 8 digit Public key Containing six digits account number and 2 digits check code seperated by a dash,which encourages faster transactions and is easy to remember.

Chain Making and Transaction Logic as an Improvement tool to Interoperability

Transfer of tokens and smart contracts of different blockchains using Fusion, is the goal for interoperability.

source

Each blockchain has different type of algorithm with which its built on. Interactions with several Blockchain would be needed for effective running of the cross-chain platforms, therefore digital signatures are required for effective management of tokens, private keys and blockchains.

Fusion is planning on building a public blockchain technology whereby all other blockchains can effectively interact with each other using Distributed Control Rights Management to ensure effective mapping of tokens.

Transaction logic is effective to checkmate transfer of funds within and between blockchains, for interoperability, each blockchain would have a special transaction logic signature with which to communicate with the cross platforms and with each other.

Fusion Will map tokens using DCRM to control the private keys,

Seperate tokens will be generated on Fusion platform to represent assets belonging to the mapped tokens, this process is called "Cryotoasset mapping"

Benefits of the Use of traditional bank-operated financial tool in a decentralized manner between Cross-Chain platforms

The benefits of Fusion technology cannot be over emphasized.

1. Accurate Transactions:

Several occurrences in the traditional banking sectors has recorded uncommon errors mistakes that costs individuals millions if not billions of losses, with the advent of decentralized Cryptofinance ecosystems using Cross-Chain platforms, accurate transactions would be ensured and losses would be curbed.

2. Effective Management Of Resources:

Banks and other financial institutions spend millions yearly in training and retraining of staff to ensure optimal performance, with cross-chain platforms, usability and scalability is ensured ,thereby reducing cost of management.

3. Growth and Development:

source
Due to the nature of Cross-Chain platforms, several ideas for growth and development would be established and DApps projects would be lunched to that effect.

4. More opportunities:

Opportunities for economic improvements would suffice as cross-chain platforms would receive Villa voter at ions from both centralized and decentralized organizations.

5. Cheaper and Faster transactions:

With the introduction of cross chain platforms, high transaction fees a would be reduced or removed and delay in transactions would be eliminated. This would go a long way in promoting inventions and innovations.

Fusion Team.

Fusion team is headed by the CEO and Founder, Dejun Quan, who is also the Founder of VeChain.

Other members Includes:

• Dr. Jiangang Wu
  (Foundation Development)

• Noam Cohen
  (Foundation Communication)

• Xi Luo
  ( Foundation Operation)

• Guochang Xu
  (Technology Director)
  More information and other members can be found here

Summary

• Fusion is for the new era of Cryptofinance ecosystem.

• Fusion is a decentralized public blockchain for the financial market using Cross-Chain platforms.

• Fusion utilized distributed network nodes to control various types of tokens and private keys

• Fusion has applications in several industries affecting major human economies.

• Fusion has created FSN tokens.

To Read More about Fusion, Use the links below.

Fusion Website

Fusion Whitepaper

Fusion Summary

Fusion Telegram

Fusion Twitter

Fusion Reddit

FusionBitcointalk thread

Fusion Gitthub

Fusion LinkedIn

Fusion Medium

Fusion Facebook
Fusion videos page

All Unsourced images were retrieved from Fusion Website

This is my entry to @originalworks contest

fusion2018