About Fusion
Blockchain technology no doubt has been surging. By a mechanism of “trust ma- chine”, it provides mankind a brand new and e cient cooperation device. Blockchain’s application in the nancial sector has brought about the most concern and the greatest expectation. At present, all kinds of tokens have completed some basic functions of value transferring and value distributing, but it is still far from the fully functional nancial services that the real world needs, which is exactly why regarding blockchain applications in the nancial sector all we hear is thunder, yet no rain falls. To bring about the era of the Internet of Values as soon as possi- ble, people need a new generation of nancial infrastructure based on blockchain technology which has complete nancial functionality, can link di erent commu- nities and tokens, and can bridge the gap between centralized and decentralized organizations.
At the advent of the Internet of Information, what we did was not to transform the “postal system”, but to create a brand new “Email system”. Likewise, when the Internet of Values approaches, we hope to create a new system: a value transfer infrastructure based on tokens. It will convert value across time and across space and can ful ll almost all the functions of traditional nance in a distributed way much more e ciently and much less expensively. It can even achieve many un- precedented nancial functions that are unimaginable in scenarios of centralized organizations. It will fuse fragmented pieces of cryptocurrencies and endow them with complete nancial functions. It will bring the world’s nance into a new era, which we call the era of crypto nance.
We have prepared FUSION for the crypto nancial era! FUSION will connect various values by establishing a layer of control management on top of various tokens through a distributed management of the tokens’ private keys and by providing ports both for central organizations and for external datasources and in this way solve the key problem of insu ciency in interoperability of the current Internet of Values.
FUSION is inclusive. It integrates the cryptocurrencies that exist today and that will exit in the future connecting centralized and decentralized organizations, accommodating authentication mechanisms and anonymous trading mechanisms and introducing on-chain data and o -chain data. FUSION is restructuring.
It rede nes the way in which value is transferred and the relationship between participants, and it transforms values in time and in space in a way re ecting the essence of nance, and implements nancial functions in a unique way that will cause some of the existing nancial products to disappear. FUSION is highly scalable. In the form of a virtual machine, it Turing-completely provides the in nite reverie space for crypto nance across di erent tokens in the future, creating possibilities that were previously unimaginable.
This whitepaper will propose the prospect of crypto nance based on the analysis of the background of the Internet of Values, and then put forward the overall design, key technologies and development plan of the FUSION project.
Fusion Roadmap
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Second half of 2017
- (1) Economic theoretical analysis of the development status of blockchain and question presentation;
(2) Discussion of project content and meaning;
(3) Completion of proof of concept and start the project;
(4) Formation of core team;
(5) Platform architecture design and technical demonstration;
(6) Completion of whitepaper;
(7) Initiation of private equity and communicate with project consultants.
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Q1 of 2018
- (1) Complete the compliance work, start the operations of the Foundation, and start the project operation in full scale;
(2) Start the development of the core protocol, complete the preparation of the experiment code and start the multi-node in experimental environment;
(3) Start the operation of the peripheral community and complete the work of ICO;
(4) Start the core community operation of the investment community, technical community and universities to promote R&D work;
(5) Improve the core team building.
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Q2 of 2018
- (1) Put main chain online;
(2) Start intensive cross-chain collaboration and complete 10 billion US dollars of distributed control service;
(3) Continue to develop core community and set up a number of research topics, and vigorously promote research;
(4) Complete the development of smart contract browser and the core wallet;
(5) Promote the peripheral community and carry out intensive public relationship promotion;
(6) Improve the team building.
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Q3 of 2018
- (1) Improve the front-end wallet tools and complete 100 billion US dollars of distributed control service;
(2) Promote peripheral communities, improve smart contract development tools to complete more than 1 billion US dollars of cryptofinancial applications;
(3) Continue to improve the efficiency and security of the core code;
(4) Continue to develop the core community and help them assist in the experimental development of innovative cryptofinancial functions.
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Q4 of 2018
- (1) Continue to improve and perfect the core code;
(2) Continue to promote core communities and research;
(3) Promote the standardization of the interface of the chain with centralized organizations;
(4) Promote the off-chain data to communicate with the main chain, especially identity information;
(5) Complete the interfaces with the important centralized organizations;
(6) Continue to complete the development of various ecosystem tools.
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After 2018
- After 2018, according to the operations in 2017 and 2018, we will further iterate products and continuously promote the construction of the inclusive cryptofinance platform to make it be one of the most important inventions to help people improve financial efficiency in the era of the Internet of Values.