Meet FUSION, the financial system of cryptocurrencies

What’s wrong with the traditional financial system.

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There are a lot of things wronging our financial systems. Long queues at banks. Lots of bureaucracy. It is too much centralization and our monies are being controlled by hands that can be very corrupt and can leave the system broken without repairs.
Fusion is built based on the blockchain system and as we know the blockchain system is incorruptible and decentralized.
FUSION was built to send our financial system to a greater level a more decentralized finance.

BENEFITS OF HAVING A CROSS CHAIN FINANCIAL PLATFORM

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Having an application to run cross chain means getting to merge a lot of cryptocurrencies onto the blockchain and building a way that can enable its users to exchange and interact with the cryptocurrencies. With FUSION there will be multiple cryptocurrencies. And as we all know transactions between two unrelated or different cryptocurrencies can be very expensive, talk about the exchange fees, miners’ fees some using gas as done with ethereum, so by the time you would have finished with your transaction your money would have been halved and that will not be a positive turn out of events. It will allow people doing transactions with other people chat on the blockchain which helps in relation to finance or even lending money to the other person.
So what FUSION is offering is a place with multiple token, a platform with cross chain network and a financial tool.
With cross chain there is something called INTEROPERABILITY.
The ability to use and exchange information or values in a large heterogeneous/different network that is also made up of several local area networks. So with this explanation a direct transaction can be made with more than one blockchain and the outcome will still be feasible.
ACCESSIBILITY
Since a blockchain is made up of many networks coming together and not house on a particular place or country, getting access will not be a problem. It also has some better security systems as all the blocks are on different set of networks than the traditional financial system.
CHEAP
Working on a cross chain network is cheaper as compared to the traditional financial system. With all the different cryptocurrencies on the FUSION network, making transactions among them will not be costly.

How FUSION will propel the Internet of Values.

In not so long ago we used to write letters and post it using the mail box system and then came the e-mail where you could send a friend or relative a letter within minutes but is that the case for something of value like funds. Transferring money from one country to another is an eye saw, and talk about the tax you will have to pay just for a simple transaction it is quite expensive.
With FUSION it will be a thing of the past, sending something of value is going to be easy and fast, just like sending a mail. FUSION will not be used just for sending money but anything that has value.
FUSION will make use of a proper way and efficient use of smart contracts on its cross chain transactions. FUSION will be able to get data all over the network online, on chain and off chain.

USE CASES

In the traditional financial system getting a mortgage is cumbersome. You can get a mortgage but because of certain unforeseen acts you were not able to pay. What the traditional financial system does is that the take away the house from you when this happens you have lost completely because the banks are not going to pay you the monies you were paying to them.
With FUSION the meeting is than with the borrower and the investor, there is not a presence of a third party which will balloon the interest rates.

For more information

• Fusion Website
• Fusion Summary
• Fusion Whitepaper
• Fusion Telegram
• Fusion Twitter
• Fusion Medium
• Fusion Github
• Fusion BitcoinTalk

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