FUSION is an out-of-the-box blockchain established to provide a financial solution to dissolve the barriers between various cryptocurrencies and to innovate a platform that can catalyze globalization of the blockchain technology.
FUSION’s blockchain offers various cryptocurrency markets solutions for the industry’s main problems of scalability, interoperability, and usability. Moreover, FUSION is offering the cryptocurrency ecosystem a more advanced form of smart contracts that harness next-generation technologies such as autonomous private key creation, grouping of bookkeeping nodes via parallel computing, and hybridization of PoW and PoS consensuses.
Last February, FUSION launched an ICO for the FSN token, the dynamo of FUSION’s blockchain. Via the FSN token, the protocol is designed to create multiple APIs to integrate various blockchain coins, assorted off-chain values, and different sources of data into one permissionless (public) blockchain, rendering it possible for all sorts of users, blockchain communities, and centralized institutions to collaborate with each other to create a better global digital continuum.
Via a novel technology relying on distributed management of control rights, tokens and coins belonging to different blockchains can be mapped directly onto FUSION’s blockchain. As such, FSN’s wallets can be used to store coins and tokens existing on multiple blockchains, unlike conventional multi-coin wallets which can only store tokens and coins based on the same algorithm or protocol.
FUSION is also formulated to revolutionize the global credit system. The platform’s blockchain is designed to provide a risk-free multi-cryptocurrency loan system that relies on smart contract technology. When it is fully active, FUSION will enable borrowers to receive a loan in one form of cryptocurrency, and pay it back in another, thanks to FUSION’s interoperability features.
FUSION’s inclusive financial platform and FSN token provide coders with a myriad of tools to create innovative applications, represent an advanced means for interaction between data-sources and institutions, and rejuvenate cryptourrency based financial protocols. Above all, FUSION takes the scalability, interoperability, and usability of blockchains to a whole new level, in order to formulate an innovative blockchain-based financial platform that is ready to embrace the new age of the Internet of Values (IoVs).
“We are taking our first steps into an exciting new era of Internet of Values (IoVs) which is expected to provide increased connectivity and inclusiveness,” stated Dejun Qian, the founder of FUSION. “Nevertheless, the benefits of the Internet of Values are presently hindered by interoperability, scalability, and usability issues existing within various blockchain platforms, all of which combined have retarded this technological progress. FUSION aims at sabotaging these barriers, establishing the foundations of an age of a true digital economy.”
FSN’s ICO is expected to be one of the most promising ICO crowdsales in 2018, as it is setting the stage for a platform that can alleviate some of the main issues hindering mass popularization of cryptocurrencies.