The Fusion Foundation has just announced its joint effort with distinguished cryptographers in the to aid in development of its distributed custody solution. The foundation, which develops open-sourced operating systems for fintech and the Internet of Value (IoV), will use the new expertise to develop its Distributed Control Rights Management (DCRM).

The Foundation’s new expert partners include:

• Rosario Gennaro, Professor of Computer Science at CUNY.
• Steven Goldfeder, Ph.D., Postdoctoral Researcher in the Department of Computer Science at Cornell University.
• Louis Goubin, Professor of Computer Science at University of Versailles
• Pascal Paillier, Ph.D., CEO and Senior Security Expert at CryptoExperts

Gennaro and Goldfeder both contributed to the development of Elliptic Curve Digital Signature Algorithm (ECDSA) the current cryptographic algorithm that secures the Bitcoin blockchain, and serves as a systemic inspiration for DCRM.  The developers’ focus will be to apply distributed threshold signature schemes to ECDSA and other blockchain algorithms.

They will also analyze aspects of ECDSA that would enable DCRM to support more digital assets, and improve interoperablity by splitting private keys into several nodes on the network. The Fusion team’s overall goal remains to tackle some of the toughest problems in the blockchain space, security and scalability.

Says Dejuan Qian, founder of Fusion:

“At the core of Fusion’s mission has been interoperability and building the highest grade secure distributed custodial solutions through our DCRM technology. Together, we plan to tackle decentralized secure custody and provide new scalable, efficient and reliable solutions for the digital assets community.”

The Fusion project joins many crypto scalablity and custody solutions slated to hit the market in the near future. With time, the only most effective and affordable offerings in the market will win out, and the Fusion Foundation has plenty of hard work ahead of it. However, enlisting some of the best and brightest minds in cryptography isn’t a bad start.

The author is invested in digital assets. 

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