Enhancing Community Interaction between Independent Blockchains

In order to provide an environment that enables proper interaction between independent blockchains, Fusion is putting so much in place to achieve a platform that is both feasible and robust at the same time. This entails the development a hybrid protocol that includes the Proof of Stake (POS) and the Proof of Work (POW) protocol.

This innovation includes the invention of new technologies such as distributed key generation,  distributed key control, lock-in and lockout technology. Others include multiple triggering mechanisms for smart contracts across different blockchains, external information input interface, hierarchic hybrid consensus and more.

Blockchain global village

Blockchains are reforming the way people cooperate. It is bringing about the great transformation of human social organizations, which will surely make mankind create a new social form, that is, the global village based on blockchains.

This unique form of corporation is based on the fact that humankind do not need to trust one another anymore when blockchain is employed. Therefore, people can comfortably exchange value without holding back because the blockchain provides a transparent, secure and provable platform for all forms of interaction.

A new era

The Internet of Information (IoI) introduced a system that has transformed the way that global development has evolved. As we enter fully into the era of the Internet of Value (IoV), significant changes are anticipated. This is because the Internet of Values based on blockchain technology has the characteristics of digitization, intelligence, decentralization and inclusiveness.

Digitization and intelligence, which can bring efficiency to theInternet of Values are features that the Internet of Information already has but are now being applied to the Internet of Values. A more essential characteristic is decentralization, which will help to completely solve the bottleneck brought about by centralized organizations.

The Internet of Values is also more inclusive. With a private key, people can better protect their personal property rights; through a consensus mechanism, they can better resolve disputes; with peer-to-peer networks, they can participate cooperatively in the division of labor with much lower barriers.

Knocking off barriers

The project Fusion is designed to eliminate the barriers that hinder cross-platform interaction among different blockchains. These barriers are the bottlenecks that have slowed down the growth of the cryptocurrency ecosystem as a whole, discouraging interested newbies who do not find it easy to understand the existing complexities in the industry.

Generally, markets thrive on the basis of convenience. Whenever the ability to exchange value discovers an increased level of convenience, such markets expand significantly. This is reflected in the effect of electronic banking to mainstream business interaction when compared to the market size during the days of analogue.

Cryptofinance is still in it developmental stages and for it to grow and expand to fulfill its potential, the key entities within the ecosystem must improve in interoperability, scalability and usability. This implies that the complexity involved in navigating between independent blockchains needs to be eliminated and a more convenient system introduced.

The Fusion project therefore creates the ideal environment that will continuously embrace community. It will use token mechanisms and a foundation to continually foster all kinds of communities such as technical communities, college communities, user communities, investment communities, node participant communities, central organizations, and data source providers.