This is a contest by @originalworks and sponsored by fusion. I'll be spreading more knowledge on fusion.
Dejun Qian the CEO and founder of fusion being an entrepreneur brings in a transformation in the blockchain technology by setting in
the internet of values derived by the internet of things.
Check out and read more details about fusion from their official site (fusion)[https://www.fusion.org]
Fusion and the world of cryptofinance
The blockchain technology has been of great help in the limitation if trust issues and has made cooperation possible. But even with these, there are some major setbacks in the blockchain technology and this is where fusion sets in to make the transactions between the investor and borrower safe and secure thereby acting as a middleman.
When talking about cryotofinance, it explains explicitly explains the world of crptocurrencies and investors who invest in them. Otherwise explained as making a living through cryptocurrencies either by being an investor or a trader.
Fusion will act as a great change in the world of cryptofinanance. It's main aim is to tackle the problems faced by the blockchain ecosystem being interoperability, scalability and usability.
"if we define all of the financial activities on the internet of values as cryptofinance, current cryptocurrencies have only archived limited functions if a complete cryptofinance ecosystem"
Fusion will aid in the establishment of a public blockchain that will provide complete financial functions leading to the new era of internet of values.
Fusion makes use of distributed network nodes to control private keys and tokens which helps to manage and control all types of blockchains, making it easy to build cross blockchain smart tokens.
It's degree of scalability makes the society come to the knowledge of cryotofinance across different blockchains and tokens as it creates possibilities. Fusion supports all kinds of communities and their development.
Benefits of having a cross chain financial platform
The first benefit of a cross chain financial platform is Blockchain interoperability.
Interoperability has to do with asset which does not exist in the blockchain system. These tokens in the blockchain technology do not have the facility to interact amongst themselves reason being that each blockchain platform is self sustaining and works as an independent body and this sets to be a setback in the growth of the blockchain technology.
Fusion sets in here to provide a cross chain.
Then the multu-token interaction where we have the proof-of-work and proof-of-stake consensus mechanism smart contracts that are supported by fusion.
Lastly the value transfer system.
Internet revolves around the transfer of value. Efficient value transfer mechanism must be allowed in the blockchain technology for it to gain it's significance in the digital technology. And this makes fusion sorted after.
Robust communities also give some level of concentration as development sets in. There are the node participant communities, data source, college communities central organizations, investment communities user communities and technical community provider.
How fusion will propel forward the "internet of values"
Fusion will create an efficient value transmission mechanism that will make the blockchain technology get in the digital technological world.
"fission can convert values across various blockchain and can fulfil almost all the functionality of traditional finance but in a distributed and more efficient manner with substantial cost savings. It can also even achieve many unprecedented financial functions that cannot be imagined in scenarios of centralized organizations"
Some use-cases for fusion
- High-fidelity alerting
Detecting endpoints infected with RAT controllers
Detecting suspicious VPN connections
Detecting suspicious login failures
How the ability to map chains and transactions logic improve interoperability
Mapping chains and transactions improves interoperability as tokens in the blockchain technology get to interact with themselves.
Benefits of being able to use traditionally bank operated financial tools in a decentralized manner between cross chain users
This helps in building trust in the the blockchain technology. And makes acting as a middle man between the investor and borrower possible.
Below is the link to the contest feel free to join
https://steemit.com/crypto/@originalworks/370-steem-60-bonuses-sponsored-writing-contest-fusion
Fusion2018
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