TOKYO, May 10, 2024
/PRNewswire/ -- Tusima is an infrastructure that bridges Web3.0
with real-world business, dedicated to establishing RWB (Real-World
Business) entirely on the efficient, low-cost,
decentralized networks of Web3.0. It aims to leverage
transformative innovation infrastructure to unlock the full
potential of real-world commerce by integrating Web3.0 into
business operations. This integration enhances business scenarios,
broadens funding avenues, reduces funding costs, minimizes credit
expenses, and facilitates the development of credit finance.
Founded in 2009, Netstars is an aggregated payment platform in
Japan dedicated to advancing the
cashless society through technological means. It has aggregated
more than 25 global mobile payment companies including PayPal, LINE
Pay, Alipay, WeChat Pay, etc., covering more than 400,000 merchants
in Japan. On September 26, 2023, Netstars was listed on the
TokyoStockExchange Growth Market (Stock code: 5590)
https://www.netstars.co.jp/news/7083/
In 2023, Tusima and Netstars began to expand the on-chain
business. Netstars put all payment data on the Tusima network for
backup storage. As of March 2024,
Tusima network has stored Netstars's 219 million transactions,
involving a transaction volume of 484.1
billion JPY. The number of payment devices involved reached
300,000, covering nearly one million users.
During the cooperation, Tusima continuously processed
ultra-large and high-concurrency data, with the highest peak
reaching 12,000tps. During this period, the network operated very
securely and stably, which shows that the Tusima network has the
security and stability of Web 3.0 and the high concurrency
capabilities of traditional Web 2.0 businesses.
Why did Netstars, a mature Web 2.0 company, choose to
collaborate with Tusima?
It's because Tusima, dedicated to integrating Real-World
business (RWB) into Web 3.0, possesses irreplaceable top technical
advantages:
- Trusted consensus mechanism: Ensure the security and
reliability of transactions.
Tusima is based on Ethereum's
decentralized consensus optimized for trusted
computing, featuring high consensus, decentralized
nodes, and a high degree of decentralization. These characteristics
make the Tusima network have the same system security as
Ethereum, and can achieve redundancy against 99% of
network attacks, while the consensus speed can reach tens of
thousands of TPS;
- Ultra-low-cost DA layer (data availability): Effectively
reduces the cost of data storage and transmission.
The DA layer is managed by the Data Availability Committee (DAC),
ensuring the security and reliable management of web3.0 off-chain
data. For enhanced scalability, DAC plays a crucial role in
transferring important computing work and data storage to the
off-chain, greatly reducing the burden on the web3.0 L1 main
network. Tusima supports highly efficient DA modules, utilizing
trusted Oracle methods to seamlessly integrate with mature Web 2.0
systems, minimizing usage costs to the utmost. Compared with the
same field such as Ethereum, the submission cost of
blobs is 85,000 times lower, and 30 times lower than Celestia.
- Validium off-chain computing: Efficient off-chain
computing is achieved.
Tusima uses Validium's off-chain data availability and computing to
process transactions, separating transactions from the
Ethereum mainnet. Validium does not store transaction
data on the L1 network, but generates ZK proofs and publishes them
as validity proofs. This approach ensures data integrity while
optimizing scalability and significantly reducing costs.
- Decentralized interstellar file distributed
storage system: Ensure data reliability and availability.
Tusima's Web3.0 solution uses decentralized
distributed storage technology based on the interstellar file
distribution system IPFS to store data in
decentralized multiple nodes instead of centrally
storing it on a single server or cluster.
Implementation:
- Decentralized point-to-point storage of various
types of data, without single point failure problems;
- The permanent modification history of any file can be traced
and cannot be tampered with;
- Content-based addressability is achieved: the file is
identified by generating an independent hash value through the file
content, rather than by the file storage location;
- Decentralized incentives are distributed, there is
no centralized server or controller, as long as there is a node,
anything stored will not be lost or cannot be tampered with;
In the future, with the launch of the Tusima mainnet, both
parties will cooperate in all aspects:
- Jointly committed to realizing the convergence of Web 2.0 and
Web 3.0 in aggregated payments. Consumer points obtained from
offline consumption will have broader applications, not only on
traditional Web 2.0 platforms but also seamlessly transferable to
emerging Web 3.0 domains, expanding the possibilities of digital
asset exchange.
- Build a smooth data connection bridge, by integrating and
sharing information resources between Web 2.0 and Web 3.0, to
provide users with a more convenient and efficient financial
service experience. This forward-looking data cooperation model
helps break down the data barriers between two worlds, promotes
cross-border data flow, and brings users more diversified payment
options and preferential activities.
- Based on a trusted financial system for JPY stablecoins,
we see the preservation and optimization of currency value and the
opening of new paths in financial technology innovation. The
successful establishment of this infrastructure will help reduce
merchants' financing costs, and enhance trade transparency and
stability, further promoting the deep integration of the digital
economy and the real economy.
The cooperation between Tusima and Netstars not only has great
potential and innovative significance in terms of technological
integration but will also have a profound impact on the future
development of financial networks and the digital economy. Through
close collaboration, both parties will shape a trustworthy and
efficient financial ecosystem, bringing more extensive, convenient,
and trustworthy digital financial service infrastructure to users,
businesses, and society as a whole.
What will Tusima do shortly to achieve better
cooperation?
- Launch the Tusima mainnet, which is expected to be
completed in Q2 2024.
- Issue Tusima network basic token TSM. We have already
started TDO in Triathon. If you want to get TSM shares early, you
can participate in TDO. → https://www.triathon.space/tdo
- Develop more product features on the Tusima network.
Tusima is committed to bringing real-world business into Web
3.0. Join them to build a new decentralized digital
world.
Official-links
Website: https://tusima.network/
Twitter: https://twitter.com/TusimaNetwork
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SOURCE Tusima