Our research reports have been received with great feedback, but we’ve found ourselves asked for simple introductions to the fundamentals of projects, so we’re pleased to provide the first ‘in 5 minutes’ article, which aims to outline what’s exciting and relevant for a given project, compacted into something that takes just a few minutes to read.
Fusion is a protocol designed to connect traditional financial systems with digital assets. They target banks, financial institutions, business and governments predominantly, but the reality is there are numerous use-cases that provide scope for widespread usage.
DCRM (Distributed Control Rights Management System), their flagship technology, provides interoperability between blockchains in a decentralised manner, as well as introduces capabilities for creating usage rights in lieu of ownership of assets. One of the most compelling examples of this exist in the real world, would be how AirBNB gives customers a peer to pear means of having temporary access to property, or a landlord assigns residential rights to a property for tenants.
“For example, an investor of real estate holding EOS tokens in Asia can now find and invest in a property in the US that was digitized as an Ethereum asset that pays in ETH, without having to look at two separate blockchains and swap token types in an exchange.”
Fusion leverages a variant of Proof of Stake to form consensus, known as Ticketed Proof of Stake (TPoS). Stakers purchase tickets (200 P-FSN tokens) to be considered as a possible block producer, and once their ticket is selected within a lottery, the 200 P-FSN tokens are returned, alongside the block reward. The process of ticket purchase can be automated so that stakers continuously reinvest. Some users on the Payable Stage Network (which will be replaced with their mainnet very soon) are reporting ROI upwards of 70% PA.
What’s exciting about Fusion right now:
- Fusion mainnet is expected Q2 2019, so the launch should be imminent
- DCRM licensing information has been released, which would suggest significant amounts of FSN tokens would be locked up in order to allow usage of DCRM.
- A significant amount of partnerships have been announced in the past weeks, we’ll start to get some insight into their scale and timeframes once the mainnet has launched
- Fantom (who were recently listed on Binance after a successful launch on the Binance DEX) have announced their intention to support DCRM on their platform as part of a wider co-operation, and numerous other enquiries are currently being fielded with respect to licensing DCRM from other platforms
Fusion (FSN) is traded on numerous exchanges, including Bittrex, Bitfinex, Bitmax and IDEX.
Read our 1-on-1 with DJ Qian here: https://www.shark.mt/fusions-dejun-qian-1-on-1/