FUSION
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FUSION

http://fusion.org/
Last activity: 27.05.2021
Tags:BlockchainFinTechIndustryInfrastructureInternetInternet of ThingsITNonprofitTechnologyWebsite
We are entering an exciting new era of "Internet of Values,"​ or values derived by the Internet of Things (IoT). But today, interoperability, scalability and usability remain substantial problems within the various blockchain ecosystems, all of which combined have hindered this technological progress. Given that improving usability is a long-term and gradual process, interoperability and scalability are the current bottlenecks that need to be addressed, and we believe FUSION to be the answer. As tokens representing values are born with financial attributes, blockchain applications of the financial industry are most likely to revolutionize the world. Unfortunately, today’s endeavors focus substantially on enhancing current financial institutions'​ internal systems with blockchain technology. If we define all of the financial activities on the Internet of Values as cryptofinance, current cryptocurrencies have only achieved limited functions of a complete cryptofinance ecosystem. At the advent of the Internet of Information, what we did was not to transform the "postal system,” but to create a new "Email system.” Likewise, with the Internet of Values at our doorstep, we hope to create a new system: a value transfer infrastructure based on various tokens. FUSION can convert values across various blockchains and can fulfill almost all the functionality of traditional finance, but in a distributed and more efficient manner, with substantial cost savings. It also can even achieve many unprecedented financial functions that cannot be imagined in scenarios of centralized organizations. This is precisely what project FUSION is doing: to establish a public blockchain as an inclusive cryptofinance platform that, by breaking the bottlenecks of interoperability and scalability, can provide complete financial functions, leading us to an exciting new era of Internet of Values.
Location: Singapore
Member count: 11-50
Total raised: $110M
Founded date: 2013

Investors 2

Funding Rounds 1

DateSeriesAmountInvestorsDeal News
13.02.2018-$110M-venturebea...

Mentions in press and media 9

DateTitleDescriptionSource
27.05.2021Startup Nation Series: The Singapore startup ecosystemWhat comes to your mind when you think about Singapore? Skyscrapers, beautiful aquariums or the Merl...vcbay.news...
15.08.2019Number of regulatory sandbox licenses granted by Mauritius b...The number of startups and companies that have been granted regulatory sandbox licenses by Mauritius...venturebur...
15.08.2019Number of regulatory sandbox licenses granted by Mauritius b...The number of startups and companies that have been granted regulatory sandbox licenses by Mauritius...venturebur...
25.07.2019Singapore’s Startups Build on Established Global SuccessSingapore is widely known as one of the top hubs for business and culture in Asia. Part of its reput...startupgen...
30.05.2018How collaborating with your crypto community will inevitably...Share Tweet Share Share Email So, like everyone else in 2018, you’ve decided to hold a token sa...techbullio...
10.04.2018The Fusion Foundation – Developing The Backbone And Infrastr...Share Tweet Share Share Email The Fusion Foundation is creating an organization which will serv...techbullio...
20.02.2018Interview with the CEO of FUSION, A Public Blockchain Crypto...Share Tweet Share Share Email Dejun Qian is the CEO of Fusion, a blockchain powered Cryptofinan...techbullio...
06.02.2018Fusion raises $50 million in under 24 hours to create a toke...We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI an...venturebea...
06.02.2018Fusion raises $50 million in under 24 hours to create a toke...When the values of primary cryptocurrencies fall, it’s easy to assume ICOs and token generation even...venturebea...