Blockchain Ecosystem for Web3 Payments

A high barrier of entry for businesses accessing digital payments is restricting global trade and innovation. However, companies can now provide payment services for their customers and enable the exchange of goods and services using the blockchain.

There are hundreds of apps and services in the Fuse ecosystem providing community and business focussed Web3 payment solutions with more than 100 million transactions completed. Nonetheless, most consumers will not use the blockchain for payments directly, as crypto-natives do now.

Instead, businesses will build applications to make the experience of Web3 payments and other financial transactions close to what users are used to. These can run on the blockchain but will not force users to handle private keys or pay transaction fees.