Web3: Ukraine, a next great power?

Fuse Network wants to offer companies that are less crypto than others the opportunity to take advantage of Web3 payments. The network, which wants to be the most user-friendly blockchain environment for companies, then implemented a tool. Through it, he hopes to be able to promote widespread adoption of cryptos.

Fuse 2.0, an economical and easy-to-use Web3 solution

This February 7, Fuse launched a Web3 payments network offering a user-friendly, secure and fast experience for businesses. He proposes an adaptable platform, easy to handle and inexpensive in order to attract as many mainstream companies as possible. With the new network called Fuse 2.0, he wants to foster greater use of cryptos and digital payments. It is particularly aimed at the widespread adoption of Web3 payments.

To drive widespread adoption, we need to focus on competing with dominant players like Visa, Mastercard, and Stripe rather than Ethereum or any other blockchain. We have therefore built a fully interoperable and open source one-stop shop to help companies discover the added value of decentralizing finance.», has explained Mark Smargon, CEO of Fuse Network, in a press release.

Fuse positions itself on Web3 payments

The Fuse 2.0 network is compatible with mobile devices. This allows it to securely support new SaaS-like business models in Web3. The new payment network based on blockchain technology reflects the whole vision of Fuse.

The latter is to offer Web3 business solutions allowing companies to develop over the long term. These platforms are therefore characterized by great decentralization and high scalability. They are also simple to explore and build.

Smargon presents the new structure of Fuse

The CEO of Fuse Network introduced the three new layers (consumer, commercial and validator) of network subdivision. At the first level we find merchants, then at the second level operators and at the last level validators. Merchants are responsible for creating Web3 applications for end customers.

Operators pay transaction processing fees to avoid end users having to do so. Power validators help operators develop functional Web3 applications, such as node infrastructure.

Fuse CEO is expected to provide more information on Fuse 2.0 before the end of the first quarter. In the meantime, the community can explore the new white paper the network has released.

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