Firmo - A new language for your financial smart contracts

in #crypto6 years ago

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To have some great information about this great project, I was lucky when I was assisted by active and friendly admins from Firmo telegram group, answered all the questions and cleared all the confusion I’ve got.

What’s is Firmo? Another crypto currency exchange?

No. Firmo is built to provide smarter, more secured, and tailored mainly for financial smart contracts, by using FirmoLang language which audited by the Coq assistant. The project is also aiming to solve Ethereum’s security issue of their smart contract. Firmo not only benefits to individuals but also for cryptocurrency exchange to even traditional financial institutions.

Firmo rebuild again the financial infrastructurer

The Firmo Protocol is a core product that allow any business or individual to create their own smart contracts and provided different type of contracts either template or customized. Financial institutions can instead of using traditional future contracts now they can use smart derivative which is really a whole new solution, automated and much more sercured from Firmo.

Especially with existing projects were build with ERC-20 on Ethereum, the Firmo Protocol is highly competible with, and can be used against current issue of Ethereum smart contract, the vulnerabiliy.

FirmoLang – a new, more sercured and financial-focused language for smart contract

Language of the protocol named FirmoLang has been formally verified, focusing financial smart contracts, it will solve the concerns about security or volatility in this field. That is why Firmo provides a solution that investors, businesses can have a peace of mind when it comes to financial investment.
FirmoLang can be easily used and with “zero coverage” policy, users can create their smart contracts with a little or no collateral. With highly experienced team in finance industry and with the combination of decentralization, Firmo will save you time and money, provide better financial experiences.

Road map:

Screenshot-2018-5-9 Firmo Network.jpg

Core Team and Advisors

Screenshot-2018-5-9 Firmo Network(1).png

Screenshot-2018-5-9 Firmo Network(3).png

Screenshot-2018-5-9 Firmo Network(4).png

Resources:

Website: https://www.firmo.network/
Technical Paper: https://www.firmo.network/resources/FIRMO_TechnicalPaper.pdf
Telegramgroup: https://t.me/firmonetwork
Facebook: https://www.facebook.com/firmonetwork/
Twitter: https://twitter.com/firmonetwork

Disclaimer: This post is my personal opinion about the Firmo project made as part of the writing contest organized by @originalworks. This is not an investment advice, I do not claim any responsibility to your investment.

Photos were taken from Firmo website.


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Start ICO research!
When involved in it we will be caught up in the rain of information. :(

Honestly writing about finance is hard for me. Still gave it a try tho. Thanks bro!

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