Good morning Steemians.
Today we are talking about a Crytocurrency project named Fusion, before that, let me give you an idea as to how we have transcended from one economic system to another.
Every nation has economic policies that are geered towards sustainability of the governmental policies and programmes.
With the introduction of paper money. The traditional means of exchange changed from the bartering system to paper money.
This change was met with dual responses as some people embraced it while others ignored its possibility and created generational problems for themselves.
The same thing is about to happen now as a New solution to the financial market is being introduced through the Blockchain
Finance systems ahas always been plagued by problems which has virtually manifested in these 3 major areas.
- Interoperability
- Scalability
- Usability
1. Interoperability:
Money systems has failed over and over again due to heir inability to create an encompassing systems of money movement
We see in the world today as Each country is restricted to their own currency and a particular currency can only trade within the jurisdiction of the country with which they are printed.
Interoperability is impossible as a country's currency cannot be used in another country's internal market to trade.
2. Scalability:
Different currencies cannot be integrated into different facets of trade and investments, stunting development of new innovations and improvement of Economy.
3. Usability:
As a result of the type of materials with which the money are made from, its shelf life does not allow for continuous use, this creates a new problem of reproducing a particular currency whenever it undergoes wear and tear.
INTRODUCING, A NEW SOLUTION TO FINANCE AND CRYPTOFINANCE.
FUSION is A decentralized public blockchain technology which is modulated to produce a highly scalable, interoperable and usable financial structures that will lead the way for a whole new Cryptofinance ecosystem.
FUSION is an inclusive public blockchain that provides the infrastructure and architecture for fully fledged financial functions on the blockchain.
FUSION's Vision is to open a new are of Finance in the Internet of Values by
By cooperating with financial institutions, cryptocurrency companies, 3rd party app developers, academia and the broader cryptocurrency community, FUSION is building a broad finance ecosystem on the blockchain.
FUSION IS INCLUSIVE
The FUSION Protocol provides APIs to enable different cryptocurrency tokens, off-chain values and data-sources to be mapped onto the FUSION blockchain. Any centralized or decentralized organization, blockchain community, Dapp developer or individual is welcome to build a new world of cryptofinance on the FUSION blockchain.
FUSION is Simple To Use:
Fusion makes use of an eight digit addressing system unlike bitcoin and other blockchain. This would make memorisation feasible and ensure more security of tokens placed in the FUSION blockchain
TECHNOLOGIES AVAILABLE WITH FUSION.
The Distributed Control Rights Management (DCRM)
The Distributed Control Right Management layer securely protects all locked-in cryptocurrency assets on the FUSION blockchain. By distributing and sharding private key mapping FUSION ensures that nobody can access the complete private key, making sure that no single node
can obtain the control of digital asset
The Multiple Triggering
Mechanism (MTM)
In addition to the traditional transaction triggering mechanism, FUSION introduces time and event based triggers to smart contracts. These three triggering modes are extracted from various financial scenarios and can meet the requirements of complex financial smart contracts.
The Hierarchical Hybrid Consensus Mechanism (HHCM)
This technology ensures accurate balancing between efficiency and safety and makes use of the Proof of Work and Proof of Stake algorithms to create FUSION tokens which would serve as node blocks for other tokens.
THE TEAM.
FUSION team comprises from Cryptocurrency engineers and experts from all over the world, who have had reputable ventures and investments into the Cryptocurrency world and has recorded much successes.
Below is a list of the team members.
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All images were obtained from Fusion Website and Fusion WhitePaper
FOR MORE INFORMATION
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Fusion2018
Great work, very nicely describe and everything is arrange in a very systematic order, keep up the good work and well organised post