August 31, 2022 - 2 min read
SupraOracles is excited to partner with Fuse, an infrastructure for open source money. Fuse is a decentralized platform and technology stack driven by blockchain to enable real mass adoption of cryptocurrency payments and DeFi.
The Fuse Network blockchain, an open-source technology stack focused on real-world crypto payments adoption by businesses, and a set of reference DeFi products and tools make up the three elements of the Fuse platform. The FUSE token is the native currency of the Fuse Network blockchain.
Fuse enables businesses to easily plug in crypto payments and related features into their real-world use cases. The fast and inexpensive Fuse Network blockchain serves as the foundation for this, while the Charge infrastructure as a service platform lets the developers put the chain to use..
The Fuse team is a firm advocate of public blockchain interoperability. Fuse will be able to offer a seamless and constant cross-chain interoperability function due to SupraOracles’ interoperable oracles. SupraOracles will assist Fuse through this partnership to help Fuse establish Proof of Reserve for FuseDollar. Additionally, SupraOracles will also give Fuse price feeds for lending networks.
Mark Smargon, CEO and Founder of Fuse, commented:
“Fuse was established with the purpose of empowering local communities all around the world via mobile payments. We wish to assist companies and developers in integrating cryptocurrency payments into practical use cases. We anticipate that the SupraOracles oracle services will be very helpful in achieving our goal.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“SupraOracles is always prepared to help ground-breaking initiatives. Additionally, we wish to enhance the DeFi ecosystem. They have a fantastic team working on this incredible initiative, and we are happy to have joined them.”
SupraOracles bridges the gap between traditional financial markets and the web3 world. Their goal is to empower the developer community by offering a robust cross-chain oracle. SupraOracles connects real-world data to public and private chains, empowering interoperable smart contracts that secure financial markets’ future.
It also provides developers with a toolkit for developing, deploying, and managing data applications with greater performance, agility, and robustness.
Fuse leverages DeFi to build a platform for entrepreneurs and spread the potential of open-source money to millions around the world. In addition, they are enabling other initiatives, businesses, organizations, and communities to adopt crypto payments and DeFi to deliver crypto payments and DeFi to the public.
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