Fusion. A promising Project

in #originalworks6 years ago (edited)

Fusion as a necessity

We know the financial system of a country is formed by the set of institutions, means and markets, whose primary purpose is to channel the savings generated by the lenders towards the borrowers, as well as facilitate and grant security to the movement of assets. But like this one, it is handled by human beings it has been involved in different types of injustice and arbitrariness, which creates distrust in the system.

Now, talking about this sector in the world of cryptocurrencies we can see that its management is quite different, and how the world is changing because of its most notable advantage, which is the level of confidence and security it provides because it works with blockchain technology. A technology that allows the transfer of digital data with a very sophisticated coding and in a completely secure way, besides that it does not require a centralized intermediary that identifies and certifies the information, but it is distributed in multiple independent nodes that register it and they validate it without the need for trust between them.

As the development of cryptocurrencies progresses, and despite using a very reliable technology, we see how it lacks the ability to interact with other financial mechanisms and the need arose to solve problems of scalability and interoperability between its tokens. Fusion a crypto-monetary financing platform comes with the objective of merging the finances in the blockchain technology where we can benefit from a single system that provides us with the solution for all the digital currencies which makes it attractive where many people can participate and a balance between small and large investors.

Main benefits of Fusion

  • Cost: It is a platform where the cross-chain trade is very cheap which makes it attractive for users

  • Accessibility: All transactions can be made at any time of the day and in any place.

  • Interoperability: In my opinion, it is the most important of all. Defining the term we have that it deals with the capacity that has a product or system whose interfaces are fully known to work with other products or future existing systems without restriction of access. This is what Fusion does, this platform contains the tools to interact between two or more blockchain which generates the solution to many of the problems that host users.

Fusion in the future

Exchange between cryptocurrencies can be an expensive process today. Fusion will make this exchange easy and economical the only disadvantage that could bring as any new platform is a possible panic and confusion in the public, however, while users are familiar with this new concept and use it will be they who check the security to use this platform.

As we have mentioned before, the objective of this incredible platform is to create an intelligent contract that allows users to interact with any cryptocurrency. As long as it is used and recognized for its advantages, it will achieve a direct link for the transfer of values between different organizations and will also ensure that the financial sector is decentralized to guarantee a safer source of transactions.

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thank you my friend!

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