Blockchain token holders are set to enjoy risk free borrowing through the emerging multi-blockchain interactive platform Fusion offering borrowers the ecosystem where loan repayment is automatically executed based on the-most-recently-appreciated-tokens that they own.
Interoperability is a property that is conspicuously non-existent in the blockchain ecosystem. Blockchain tokens lack the capacity to directly and seamlessly interact between themselves due to the fact that every blockchain platform exists as an independent and self-sustaining entity within their networks.
Hence, with digital technology transiting fully into the phase of Internet of Value (IoV), this deficiency remains a major challenge for the development of blockchain technology.
The innovation by Fusion, that creates an interactive platform for both existing blockchains and the future ones, welcomes an era of improved convenience for the industry as a whole.
This is evident in the example mentioned above where token holders can focus on general asset value rather than the chaotic market overview at any given time. In this case, any borrower can be confident that the extreme volatility of specific cryptocurrencies would not have absolute effect on their investments. Therefore, the risk is spread across board and maximum value is retained.
Another important element in the cross-platform idea of Fusion is the fact that the is supports the multi-token wallet system. Prior to this time, crypto enthusiasts and investors would keep their tokens in the existing exchanges relinquishing total control of their assets and taking the responsibility of bearing any associated third-party risks that the exchanges might encounter. Other than that, crypto holders would go through the stress of keeping tabs with dozens of separate individual wallets that hold their tokens.
The Fusion project is Founded and led by DJ Qian, who is a superstar Chinese entrepreneur formerly behind Quantum and VeChain. The project is designed to be faster as well as more scalable when compared to other solutions due to a unique hybrid Proof-Of-Stake (POS) and Proof-Of-Work consensus mechanisms. Smart Contracts based on the Fusion blockchain offer other advantages, such as being dynamic and responding to real-time external inputs and conditions.
Value Transfer System
Being a value-based technology, for blockchain to find meaningful relevance in today’s “Internet of Value (IoV) world”, it must permit an efficient value transfer mechanism. This is what makes the Fusion project an inevitable concept.
Extending beyond simple transfer of value, the project also focuses on the creation of robust communities. All kinds of communities such as technical, college, user, investment, and node participant communities, as well as central organizations, and data source providers are fostered around Fusion. This emphasizes the original decentralization idea of blockchain technology.
Today, when numerous innovations spring up literally every day, proper and unhindered interaction and value transfer is needed to be implemented between multiple platforms in order to achieve the extended benefits and fulfill the potentials therein.