Fusion: Dejun Qian at Digital Asset Summit, Partnership with Mt Pelerin to Power Blockchain-Based Banking Ecosystem, Collaboration with Zeux — the world’s first crypto mobile payment and investment app, Fantom has selected Fusion’s interoperability solution, Partnerships with Grayblock Power and WealthInitiative, DCRM focused AMA
Biweekly update 13th May — 27th May
May 2019 is set to be one of the most exciting months since Fusion launched back in February 2018! The team is anticipating new partnership announcements, exciting technology developments and huge amount exposure during conferences. During these two weeks, the project attracted a lot of attention. The Foundation announced that Swiss fintech Mt Pelerin will use Fusion to enrich its compliant security tokenization platform, which is central to the bank that Mt Pelerin is creating. The Foundation is now partnering with Zeux, the world’s first crypto mobile payment and investment application, to expand access to digital asset investment opportunities through Zeux’s simple, safe and user-friendly mobile payment and investment app. The combination of Zeux’s secure and easy-to-use interface and Fusion’s blockchain technology will drastically lower the barriers to entering the crypto space and accelerate consumer adoption of the Zeux app. Specifically, Fusion brings unique and advanced functionality for creating digital assets through its DCRM technology as well as its innovative approach to Time-locking and Quantum Swapping. Fantom Foundation has selected Fusion’s cutting-edge interoperability solution to expand the accessibility and reach of Fantom’s DAG-based distributed ledger. The partnership between Fusion and Fantom will empower ecosystems with loosely aligned participants, such as city transportation systems, to advance the digital revolution. Last week, Fusion Foundation announced it’s collaboration with WealthInitiative, the peer-to-peer digital tool for non-bankable assets, to revolutionize the way wealth managers and family offices conduct real estate, art, passion investments and business deals on behalf of their high-net-worth clients. Fusion’s DCRM technology will enable WealthInitiative to accelerate the adoption of its marketplace and introduce interoperability between all different types of deals and wealth management firms. Also, the project is now partnering with Grayblock Power, a financing platform connecting developers to investors in real estate and energy-backed assets, to list and issue new digital assets based on Toronto real estate and clean energy sources. As for social encounters, DJ Qian was presenting a talk at Digital Asset Summit on May 15th, 2019 in New York and Charles Poliacof, Strategic Advisor, was moderating the “Do current trends in fintech point to digital asset adoption” panel. The project was a Proud Sponsor of Coindesk Consensus 2019. The team hosted a Live AMA about Fusion DCRM core component for blockchain Interoperability on May 23rd, 2019 in Fusion Telegram channel. Transcript will follow! And last but not least — the Fusion Foundation is setting its clever developer community members a fun Developer challenge. Awesome prize is up for grabs! Stay tuned!
Development
Last commits on public GitHub were made on May 26th, 2019 in efsn repository.
Build with Fusion:
Fusion has developed the perfect technology environment to build an innovative cost-saving solution for your business. Come build with us and join our Ecosystem of Economies.
Fusion Foundation Developer Challenge:
The Fusion Foundation is setting their clever Developer Community members a fun challenge! An exciting prize is up for grabs to the winner!
Challenge 1
Use Fusion’s open source code libraries to build a simple house rental application with nice UI screens. The purpose of this challenge is to showcase how Fusion enables easy digitized asset rentals on the blockchain.
Note: There is no need to use any real assets!
Challenge 2
Use Fusion’s open source code libraries to build a new Fusion wallet (including swap features) with some awesome looking screens!
The Prize
A ticket to Digital Asset Summit (DAS) valued at $949.00, and a dinner with the Fusion team in NYC!
There is one prize per challenge!
Link to Fusion’s Github libraries
Link to Fusion’s API repository
Please submit your work to — contentbounty@fusion.org
Contact a Fusion team member on Telegram (@YonaTak, @BitJoe) for further assistance, and join the Fusion Developer Community channel to brainstorm ideas.
Social encounters
These weeks events:
- May 13th — 15th, 2019: Consensus 2019 — CoinDesk. Fusion is a Proud Sponsor of Consensus 2019.
- May 15th, 2019, New York: DAS, Digital Asset Summit. Fusion founder and CEO, DJ Qian was presenting a talk on Digital Assets and the Internet of Value, and attending with the team as the Title Sponsor.
Charles Poliacof, Strategic Advisor, was moderating the “Do current trends in fintech point to digital asset adoption” panel.
Read Fusion Founder Dejun Qian’s Keynote Address at Digital Asset Summit May 15th, 2019.
- Live AMA About Fusion DCRM Core Component For Blockchain Interoperability: video. Fusion’s Ask Me Anything (AMA) focused on their innovative interoperability solution, DCRM was on May 23rd, 2019.
From Fusion Telegram chat:
Finance
There is a stable increase in the number of token-holders these weeks.
Fusion Bug and Content Bounty:
The Fusion Foundation is rewarding community members for their contribution to improving the Fusion network and applications.
As an open-source project, the community plays an active role in the development and security of the project and Fusion is keen to provide an incentive in FSN tokens to activate community participation.
Fusion is also rewarding community members that assist in generating helpful and engaging content that supports the community to learn about and use Fusion applications. Approved content will be added to the Fusion Knowledge Center and shared across Fusion’s Social Channels.
Bug Bounty
Fusion has set up a submission form ‘ISSUE_TEMPLATE.md’ that has instructions on how to submit a bug. This form can be found in all of Fusion’s Github repositories. Bug hunters are encouraged to join the Fusion Developers Community Telegram channel to understand current issues that are being worked through and to discuss their contributions.
Content bounty
Please email contentbounty@fusion.org with an outline of your content creation proposal, include the content format, content topic, brief description and any other information you think is relevant.
After submitting a content proposal, please wait for approval from the Fusion team, they will respond directly to the same email address.
If approved, they encourage you to produce the content piece and submit it to the same email address (contentbounty@fusion.org). Upon review and approval, you can share it on your preferred channel.
For more information on on the bounty visit the Bounty page on Fusion’s website.
P-FSN Genesis Block Balances:
Check out your P-FSN balance in the attached Excel spreadsheet. Search (Command+F) for your public address, the corresponding number represents the quantity of P-FSN tokens that will be available to you in your Fusion PSN wallet.
Roadmap
From Fusion Whitepaper:
From Official Telegram group:
Rudy (@RkadSG, admin):
“No roadmap available yet, we are progressing with stagenet approximately December 10th 2018, then will launch mainnet according to the testing progress”.
Partnerships and team members
Mt Pelerin Partners with Fusion to Power Blockchain-Based Banking Ecosystem:
New York, May 14th, 2019. Fusion Foundation announced that Swiss fintech Mt Pelerin will use Fusion to enrich its compliant security tokenization platform, which is central to the bank that Mt Pelerin is creating.
Mt Pelerin, which gets its name from the Mont Pèlerin Society, a group of economists and intellectuals advocating for economic and political freedom, introduced its open source framework in 2018 for the fully compliant issuance and management of tokenized securities. Currently working on a Swiss banking license application, Mt Pelerin expects to roll out a fully regulated tokenized bank with integrated payment, banking and trading features by 2020.
Like Fusion, Mt Pelerin embraces an open and inclusive approach to expanding the possibilities for global cryptofinance. For Mt Pelerin, it is therefore a logical complementary move to add Fusion’s groundbreaking blockchain protocol to its ecosystem, including its Distributed Control Rights Management (DCRM) technology and novel approach to Time-locking and Quantum Swapping. This partnership will increase digital asset accessibility and enrich Mt Pelerin’s next generation tokenized banking platform.
“Arnaud and his team are on an important mission to accelerate the evolution of the banking industry by bridging the crypto economy with traditional finance,” said Dejun Qian, Founder and CEO of Fusion Foundation. “We look forward to collaborating with Mt Pelerin to provide both technological support and access to our growing ecosystem of partners, including banks and governments, to support their efforts.”
Today, traditional banks are highly undifferentiated in terms of what products are available to the market, and sometimes underserve smaller customers. With its radically new business model, Mt Pelerin seeks to offer a vastly more accessible suite of products and services for all. Fusion’s protocol has been specifically designed to enable blockchain-based finance, making it the perfect fit for a forward-thinking innovator like Mt Pelerin.
“The unique interoperability of Fusion’s core functionality is of great interest for the tokenized banking ecosystem that we are building at Mt Pelerin,” said Arnaud Salomon, CEO and Founder of Mt Pelerin. “By democratizing complex financial products and services in a simple, transparent and cost-efficient way, we look forward to working with Fusion to shape the future of how the world banks.”
About Mt Pelerin
Mt Pelerin is a Swiss company based in Geneva building the first blockchain bank. It uses the technology to create a compliant and open ecosystem where individuals and businesses will be able to issue, deposit and trade tokenized securities straight from their bank account. With this new institution, Mt Pelerin envisions a new era of financial freedom through a facilitated and disintermediated access to financing and investment for all. Mt Pelerin has the ambition to become a fully authorized Swiss bank by early 2020. For more information, a press kit is available here.
Zeux Partners with Fusion to Expand Access to Digital Asset Investment Opportunities for All:
New York, May 16th, 2019 — Fusion Foundation announced that it is now partnering with Zeux, the world’s first crypto mobile payment and investment application, to expand access to digital asset investment opportunities through Zeux’s simple, safe and user-friendly mobile payment and investment app.
Founded in 2017, UK-based Zeux is a Financial Conduct Authority (FCA) regulated entity now approved to operate in the EU with plans to roll out to the rest of the world in 2020. Zeux aims to transform global payment and investment services by making complex and expensive financial management processes easy and accessible to everyone. Zeux’s blockchain-based “all-in-one” financial app connects fiat, crypto, and investment opportunities within a single integrated mobile app.
The combination of Zeux’s secure and easy-to-use interface and Fusion’s groundbreaking blockchain technology will drastically lower the barriers to entering the crypto space and accelerate consumer adoption of the Zeux app. Specifically, Fusion brings unique and advanced functionality for creating digital assets through its breakthrough Distributed Control Rights Management (DCRM) technology as well as its innovative approach to Time-locking and Quantum Swapping.
“Zeux’s comprehensive and regulatory compliant, retail-oriented solution is positioned to drive day-to-day adoption of digital assets,” said Dejun Qian, Founder and CEO of Fusion Foundation. “We are excited to work with such a sophisticated partner who understands both retail and institutional finance.”
Zeux’s patented and secure Know-Your-Client (KYC) service enables users to retain control of their private key for their personal data vault and open multiple financial accounts with KYC information verified on the blockchain. In the coming months, the company expects to complete tokenization of all platform financial transactions.
“Fusion’s ability to bring together various assets, from basic stablecoins to more complex asset-backed digital securities, will be an exciting addition to our customer offering,” said Frank Zhou, Chief Executive Director of Zeux. “Their focus on building the tools powering financial transactions is of immense value to the blockchain world.”
About Zeux
Zeux’s mission is to transform existing financial services by making complex, expensive and burdensome financial management processes simple, convenient and affordable for the customer, thus making the best services accessible to everyone. Zeux is an FCA regulated entity which has soft launched its product and will officially launch its operations in the EU in 2019. It has the ambition to roll out services to the rest of the world in 2020. With your support for the Zeux project, we will accelerate the development and bring this best-in-class product to benefit millions of users around the world. Visit www.zeux.tech to learn more.
Fantom Selects Fusion’s Industry-First Interoperability Solution to Broaden Compatibility and Fast-track Adoption of Fantom DLT:
New York, May 17th, 2019 — Fusion Foundation announced that Fantom Foundation has selected Fusion’s cutting-edge interoperability solution to expand the accessibility and reach of Fantom’s Direct Acyclic Graph (DAG)-based distributed ledger.
Fantom’s DAG-based distributed ledger technology (DLT) incorporates new methods of scalability, combined with a high-performance virtual machine, and secure smart contract execution. Its ground-breaking consensus mechanism employs “gossip about gossip” rationale to reach Asynchronous Byzantine Fault Tolerant (aBFT) consensus, which is considered to be the gold standard in security for distributed systems.
The Fantom protocol supports sophisticated peer-to-peer communication that emulates the spread of gossip. With speed and flexibility, Fantom’s network is being built to serve as the backbone to power smart cities and lightning fast payments.
“Fantom has made impressive progress with their protocol to provide a highly performant information and transaction sharing layer. We are excited to broaden their compatibility with our interoperable DCRM solution,” said Dejun Qian, Founder and CEO of Fusion Foundation. “DCRM will soon be the standard for digital asset interoperability, and we are excited to see more and more projects integrating it into their systems.”
The first step in the collaboration is to integrate Fusion’s Distributed Control Rights Management (DCRM) interoperability solution with Fantom’s high-speed network. As a result of the integration, the Fantom network will become compatible with other blockchain and legacy systems, vastly increasing network accessibility while fast-tracking adoption.
“Fusion’s DCRM technology achieves new levels of digital asset connectivity that impressed our technical team,” said Michael Kong, Chief Information Officer of Fantom. “We look forward to integrating it into our technology stake to enable the unrestrained transfer of value across the Fantom network.”
The partnership between Fusion and Fantom will empower ecosystems with loosely aligned participants, such as city transportation systems, to advance the digital revolution.
About Fantom
Fantom is a new network that proposes a groundbreaking consensus mechanism which utilizes gossip about gossip to reach aBFT consensus. The developers behind Fantom consider themselves to be specialists in consensus, holistic consensus. They’re building the network and the backbone to power smart cities and blazingly fast payments. For more information, click here.
WealthInitiative Teams with Fusion to Revolutionize Deal-Making of Real Estate, Art and Other Non-Bankable Assets:
The partnership between WealthInitiative and Fusion allows wealth management firms and family offices to access a network of real estate, art, passion investment and business deals for their high-net-worth clients
New York, May 22nd, 2019 — Fusion Foundation announced that it is now partnering with WealthInitiative, the peer-to-peer digital tool for non-bankable assets, to revolutionize the way wealth managers and family offices conduct real estate, art, passion investments and business deals on behalf of their high-net-worth clients.
Launched in 2016, Switzerland-based fintech WealthInitiative is a secure Internet-based platform that allows top-tier wealth management institutions to internally share deals, reducing transaction costs by cutting out intermediaries and providing an automated valuation tool. WealthInitiative was selected as a finalist in the “UBS Future of Finance Challenge” for its transformative potential to change the way financial institutions meet their clients’ needs.
“By partnering with Fusion, we will be able to realize WealthInitiative’s vision even faster than expected. With Fusion’s DCRM technology, we can enable cross-border, cross-value and cross-asset transactions for our clients via a secure, globally accessible platform,” said Douglas Azar, CEO of WealthInitiative. “Moreover, we can onboard non-bankable assets at lightning speed, and leverage Fusion’s time-locking functionality to extract time-value, create new types of derivatives and enhance ROI for all parties.”
Fusion’s Distributed Control Rights Management (DCRM) technology will enable WealthInitiative to accelerate the adoption of its marketplace and introduce interoperability between all different types of deals and wealth management firms.
“We are pleased to partner with Douglas and the WealthInitiative team to help accelerate their mission,” said Dejun Qian, CEO and Founder of Fusion. “By working together, we can provide real values for any non-bankable asset, and improve asset consolidation and portfolio reporting and analysis in the process.”
About WealthInitiative
WealthInitiative is a unique, secure platform allowing wealth management institutions to share a network of deals on behalf of their High Net Worth clients in the fields of Real Estate, Art, Passion Investments and Business Deals. Click here to learn more.
Grayblock Power Selects Fusion to Bring Clean Energy and Real Estate Digital Asset Investments to the Masses:
New York, May 24th, 2019 — Fusion Foundation announced that it is now partnering with Grayblock Power, a financing platform connecting developers to investors in real estate and energy-backed assets, to list and issue new digital assets based on Toronto real estate and clean energy sources.
Launched in August 2018, Toronto-based Grayblock Power introduces a new way to invest in clean energy and turn that energy into a long-term investment vehicle. The company accomplishes this by offering competitive long-term returns compared to traditional fixed income products based on real assets, creating a transparent and secure investment environment through the use of smart contracts and blockchain, and selecting only 100% clean-air energy technologies for investment.
In April 2019, Grayblock Power was awarded the third prize out of 20 startups shortlisted and over 700 submissions in the 3rd Global Blockchain Challenge at the Future Blockchain Summit in Dubai.
“Fusion is a broad-based system that can help launch financial products and security token offerings,” said Chris Ciaravino, CEO and Founder of Grayblock Power. “Our mission is two-fold: to issue our first-ever digital asset-backed investment based on Toronto Real Estate, and to create investment opportunities within clean energy. We see Fusion as the ideal partner to aid us in achieving both objectives.”
“Grayblock is a great example of a company leveraging Fusion technology to create new investment opportunities quickly and effectively in a regulated environment,” said Dejun Qian, Founder and CEO of Fusion. “By leveraging Fusion, Grayblock is able to introduce the general public to digital assets based on real estate and clean energy that were previously inaccessible.”
About Grayblock Power
Grayblock introduces a new way to invest in clean energy and turn that energy into a long-term investment vehicle. Grayblock is a financing platform connecting developers to investors and are able to provide this through the company’s digital assets sales within the real-estate and energy sectors. Click here to learn more.
Rumors
Twitter:
Really honored to deliver the keynote speech yesterday to the institutional crowd at #DAS2019. Surprised to see how eager Wall Street is to embrace interoperability. Are you ready to have time-value accounted for in digitzation? love to know your answer.
Reddit:
Fusion new website is live now and its dope.
@YonaTak (admin):
“Main net will go live after PSN, we are in the process of testing and improving the PSN network. I can’t attach a date to main net. We have a plan internally on when we think main net launch will happen but at this stage we are not ready to make any announcements or commitments”.
Social media metrics
Fusion community continues to grow slowly. Social media dynamics shows that it remains virtually unchanged. There is a slight fluctuation in the number of subscribers of Fusion social media channels these weeks.
Twitter — Official announcements channel. Average number of retweets is 30–60 for one post.
Fusion Community Twitter: since October 19th, 2018. Not active since November 26th, 2018.
Fusion Announcements Telegram channel — Official announcements. About 2,5K followers.
FUSION Developers Announcements Telegram channel: Tech discussion.
Facebook (till May 2018) — Announcements, 10–15 likes, 1–2 shares.
Bitcointalk.org: since January 20th, 2018. Last post — on May 18th, 2019. Discussion on PSN, latest news, price, etc.
Fusion forum. Popular topics:
- [Guide] Setting up the TestNet on Linux (Ubuntu 16.04)
- Ronic
- Supreme Node, a little digging and some math
- Hi everyone and welcome!
- CONGRATS
- Price Prediction EOY
- Guardian of the Fusion temple
The graph above shows the dynamics of changes in the number of Fusion Facebook likes, Reddit subscribers and Twitter followers. The information is taken from Coingecko.com.
