Fuse Network has launched a payments network designed for mainstream businesses in the hopes of increasing crypto adoption.
Fuse 2.0 is a low-cost, adaptable, and user-friendly solution that is compatible with mobile devices and aims to compete with traditional payment networks like Visa and Mastercard.
The network is divided into three levels: merchants, operators, and validators. Merchants create Web3 apps for customers, transactions are handled by operators, and validators provide services to operators to develop functional Web3 apps.
Fuse CEO Mark Smargon stated that the aim is to promote crypto adoption through ordinary Web3 payments.
Further information about Fuse 2.0, including a new White Paper and technical documentation, will be released in the first quarter of 2023.
Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.
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