In the world of blockchain technology there has been no doubt that it has gained popularity over the recent times. We have a lot kind of tokens which has been used for transferring and distributing values but all these tokens haven't really performed the financial functionality that the real world needs. To be able to integrate from the archaic world of internet of information to Internet of values, the world needs a new generation of financial functionalities which can link different communities and tokens. In bringing a new generation of financial functionality, it means the world will go into a new era of finance which is called the "era of cryptofinance".
Therefore, FUSION has been prepared for the cryptofinancial era. FUSION is a decentralized management which will create a control management on various tokens, connect various values through a distributed management of the tokens private keys and also by providing ports both for central firms and for external data sources.
FUSION integrates the cryptocurrencies that exist today and will in the future connecting centralized and decentralized organisations. FUSION is inclusive, it is also restructing;it will modify the way in which value is transformed and the relationship between participants. It also changes values in time and space by reflecting the worth of finance and in a way cause some of the existing financial product to vanish.
FUSION is highly scalable, it turing completely provides the infinite reverie space for cryptofinance in different tokens in the future creating unthinkable opportunities.
However, FUSION aims at changing the whole world of cryptofinance by "linking up all the present tokens and also future tokens and also through a distributed management of the tokens private keys and by providing ports both for central forms and for external datasources" and by so doing solve any issue of insufficiency in interoperability of the current internet of values.
BENEFITS OF A CROSS CHAIN FINANCIAL PLATFORM
Cross chain financial platform simply means having an interrelated connection amongst all tokens in block chain, we can summarize all the benefits of cross chains into three which are;
1 Interoperability
2 Scalability
3 Usability
INTEROPERABILITY
By this, we mean values can be transferred between different blockchains, programs smart contracts with different tokens and this makes an up to date scalability more easy.
SCALABILITY
This has to do with the mapping the actual application scenarios involving many currencies, multiple firms and many data sources to a blockchain to form a distributed solution.
USABILITY
This simply means the easy accessibility and use for exchange of values between tokens in blockchain, it makes the world of blockchain easily accessible.
PROPELLING FORWARD THE INTERNET OF VALUES
FUSION is believed to have a vision to help solve barriers of internet of values and how that will be carried out will be discussed in the following lines.
Current blockchain projects have tried to overcome the bottlenecks of internet of values. Internet of values has to do more on platformization, functional modularity, application ecology, standardization, interoperability, antiquantum attacks , etc.
Scalabilty and usability are also barriers of internet of values which makes it inefficient as compared to internet of information. Therefore for FUSION to help propel forward the internet of value, it has to break all the afore mentioned barriers by creating a platform in which it will break the core barriers i.e interoperability, scalability and usability and other elective barriers.
IMPROVING INTEROPERABILITY BY THE ABILITY TO MAP CHAINS AND TRANSACTION LOGIC
The ability to nap chains and transaction logic is a very vital determinant for improvement of interoperability. Mapping tokensin public chains which can make these tokens in the same chain achieve multi token contracts is a great way of improving interoperability of internet of values and this public chain will surely become one of the most important infrastructure for cryptofinance. However, we must lay emphasis on how tokens will be displayed on public chains. So how do we display different tokens on new public chain? "We envisage that the tokens private keys on various blockchain can be securely controlled in a distributed fashion by a public chain and in this way the blockchain manages the control rights of tokens. It will be like a freeway in the internet of values, which can easily implement the values, which can easily implement the value transfers between various tokens and multi token smart contracts to providr various cryptofinancial services".
For more information visit FUSION
To participate in this contestClick here
FUSION2018
Submitted.