#originalworks writing contest: Fusion the future of finance

in #crypto6 years ago

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What is Fusion?

Fusion is a crypto finance platform aim to provide total financial function which allow the new Era of "internet of Value".
The greatest quality of the fusion platform on the internet of values is to map various values to blochchains technology so that the easy access can be controlled by Smart contracts.

Smart contracts can be nest with one another to precise complex financial logic and form financial application that are not possible traditional finance.
The on-chain financial activities on the Internet of values can be define base on their related off-chain financial activities as crypto finance.

The internet of values make it easy access for cooperation among people and businesses to be decentralized, disintermediated, inclusive, and programmable.

what makes fusion so special?

Fusion has various technical and organization features that make it different from other projects.

With this three examples;

  1. Combined PoS and PoW consensus

fusion is using a hybrid consensus of proof of work (PoS) and proof of stake (PoS) in order to achieve a balance stable security efficiency, scalability and other aspects.

  1. Off-chain data integration

Fusion architecture will include the great genuine, ability for smart contracts to react to and transact with off-chain data . This are something that currently not possible with existing smart contracts technology.
This will allow implementation of a fuller and broader scope of financial functions.

  1. foundation intelligence

The fusion foundation is solid and will be guided, advised and supported by a special team with high profile experts with extensive background in the financial industries, on matters strategy. Industry relations cooperation etc

How is fusion different from other projects offering cross-chain interoperability?

Fusion has prepared a simplified table that compares some aspects of some other cross-chain solution:
76b9ac_2242c11b2eb5401b87a476229f56a8fe-mv2.png

what problem does fusion platform solve?

Fusion are currently 3 bottlenecks in the current crypto space in term of realizing the their vision of the internet of values,fusion will manage all the three; interoperability, scalability and usability.

  1. interoperability

There's still a difficulty communicating value and transacting between different blochchains not to mention off-chain values and off-chain database.

  1. scalability

Different technical and structural limitations currently choke the ability of blockchain to grow in term of flexible transaction volume, most especially doing the expense of transaction rate / latencies; and in term of mapping of off-chain values and transactions with them.

  1. usability

With the many issues limiting the ability to implement and use blockchain base solution in various consumer and business scenarios

What is fusion view of current and future financial use cases in crypto finance?

Their are three popular use case which we believe in their demonstrated in the 3 use case video on their website.


However the full scope is much larger, and fusion believe that base on technology and 3rd party developers of financial application will extend over the full range of financial application.

Is there any partnership plan for fusion?

Fusion has four types of partnerships that is actively seeking

  1. Blochchain foundation

  2. Financial institutions planning to participate in the blockchain revolution and digitize or tokenize their assets

  3. Academic institutions

What are fusion doing about awareness? Is there any marking plan for fusion?

The fusion marketing team will continue to work tirelessly to directly and indirectly create the awareness and visibility of the platform, via community channels, participation. Sponsorship of events, initiation. Meetups, partnerships media coverage and others.

Part of fusion marketing plan is to engage and get the help of regional/ Language based Ambassadors, who will carry out such activities in their respective territories which I believe is the best ideas.

For more information & resources used

Originalworks fusion contest
Fusion website
Fusion summary
Fusion FAQ
Fusion White paper
Fusion Bitcoin talk
Fusion Telegram
Fusion video page
Fusion medium
Fusion GitHub
Fusion Twitter
Fusion Facebook
Fusion LinkedIn

@orignalworks
©@cisse56 entry

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