Category: Web3 Payments

Fuse is the most business and consumer-friendly blockchain ecosystem for mainstream crypto and Web3 payments adoption. Learn how your business can use Web3 and crypto payments to save money and increase revenues.

Although many are already familiar with the advantages of digital assets, specific factors make crypto especially attractive for businesses of different scales and industries. Unfortunately, business adoption of cryptocurrency payments is small relative to traditional rails. 

With the release of the Fuse 2.0 White Paper, we outline how businesses can use crypto and Web3 payments and build applications for any device and interact with customers directly. This effectively means they can become their own bank and remove the intermediaries that currently let them accept digital payments and charge a percentage of revenue for the privilege. 

More importantly, we show a model businesses can embrace without needing to relearn behaviors or invest heavily in tech or development resources.

Scaling crypto adoption with everyday payments

Fuse CEO Mark Smargon highlights how this structure can drive long-term growth and provide decentralized, scalable Web3 business infrastructure that is easy to navigate and build, introducing the concept of Power Validators and Operators in the Fuse vision. The new structure divides the network into three layers served by merchants, Operators, and validators.

The consumer layer consists of merchants building Web3 applications for their end users using the Fuse tech stack, specifically the Charge platform. Here, fee abstraction is a powerful tool to remove complex blockchain actions and give users a similar experience to what they are used to with Web2 finance apps like Venmo or Revolut.

To do that, transactions are processed, and fees are paid by Operators, not end users. This forms the business layer and, ultimately, the layer that can drive the mass adoption of crypto through regular Web3 payments.

The final piece of the puzzle is Power Validators. They supply the services Operators require to build functioning Web3 apps such as node infrastructure and oracles. The Operators purchase these services to resell them to their customers, filling the demand side.