Ferrum NetworkThe new generation decentralized network for high-speed and low-cost transactions

in #ico • 5 years ago

Blockchain , the “block chain”, is a technology that our world has learned through another innovative invention, which is based on and operates an e-finance system, in particular, Bitcoin and its analogs. Bitcoin won wide popularity in the winter of 2018, when the quotes of this coin increased daily , dragging along in pursuit of easy money for a crowd of followers. Popularity and popular love was caused solely by speculative interest, but it all served as a good advertisement for the Blockchain technology itself. Now digital assets are gradually being relegated to the background, and it is the Blockchain technology itself , as well as the possibilities of its practical application in real life, become the world's largest corporations and even entire states.

But here there are a number of constraining factors hampering the development of the entire infrastructure. Most startups in the pursuit of primacy and in the conditions of fierce competition create isolated products that they think the whole world should accept, not realizing or not wanting to realize the fact that it is possible to be engaged in “pulling the blanket” for decades to come end up creating something truly global. But if they combined their efforts, thinking about the large-scale compatibility of all decentralized networks into a single ecosystem on our planet, I think that the world would already live by the decentralized rules of the new world order, in which there would be no place for the existing enslaving dominant systems. In this review, we consider a project that can become a link both between competing projects and between the world of traditional financial assets and digital assets.

Ferrum Network is an innovative decentralized network, the main purpose of which is to solve the problems of interaction and scalability of various blockchains.

The goals of the project are noble, according to Ferrum Network CEO Nayem Yeghaneh , who is also a doctor of philosophical sciences in addition to everything else. paper funds and protect them from unpredictable fluctuations in fiat and digital currencies, giving the world one of the most stable coins on Earth and opening up easy access to actual and digital dollar every inhabitant of the planet, regardless of their social status and location.

Ferrum Network is a high-tech company that has given the world a new generation of fully decentralized financial applications with cross-chain algorithms. The company has been operating for about a year, a very experienced team is behind the Ferrum Network, leading engineers of the world-famous corporations Amazon, Microsoft and Bloomberg are working on it. One of the main advantages of the company is the ability to exchange any digital assets in milliseconds, and practically without any commissions and not accepting for storage the assets of ecosystem participants, that is, complete decentralization.

Simply put, Ferrum Network is a decentralized exchange, significantly surpassing all existing analogues today. It will support all types of blockchain, complete decentralization, while it will not be deprived of the functional features of conventional centralized exchanges, that is, it will also be possible to trade with leverage, there will also be the possibility of opening short and long positions, as well as other familiar ones chips for traders that were not previously available on decentralized exchanges. It is like a successful symbiosis, which has pluses of both ecosystems that complement each other. This world has not seen before, as it is technically very difficult to accomplish this, but not for the developers of the Ferrum Network .

Ferrum Network Products:

  • decentralized exchange with a unique function to support various blockchains;
  • decentralized wallet;
  • a cold wallet for storing cryptocurrencies, something like a symbiosis of a cold wallet with an increased level of security;
  • gateways fiatnyh assets.

Decentralized exchange

The name of the exchange is Kudi Exchange , it is already fully up and running, you can trade on it absolutely any existing digital assets, regardless of the type and type of blockchain. In addition, fiat funds can be sent on the stock exchange without any fees.

Decentralized wallet

Secure multi-currency wallet for storing UniFyre digital assets on a mobile application. It has an intuitive user interface, great for both beginners and experienced crypto enthusiasts. UniFyre Wallet is packed with truly unique functionality, you can carry out transactions out of the exchanges without any risks, there is a built-in security function and protection against transactions made by mistake.

Cold wallet

Sub-Zero Wallet is an innovative solution for Ferrum Network developers who have created a hardware wallet symbiosis with an exchange wallet. It has the maximum degree of protection against all possible ways of hacking, there is no access to the Internet, it interacts with a decentralized wallet using a QR code.

Technical features

In order for the transactions on the stock exchange to fly at the speed of light and be almost zero, the DAG Ledger mechanism was added to the platform functionality .

The platform has fiat gateways from Ripple. Simply put, on the stock exchange you can make transactions in currency pairs (XRP / Fiat) . It is very convenient, now you can buy and sell digital assets for cash, while remaining on a decentralized platform.

The platform has an internal ecosystem token - FRM , through which users of the ecosystem get the opportunity to make transactions in the shortest possible time and with minimal costs. In addition, FRM tokens can be converted to fiat funds.

Ferrum Network is a unique project that is developed by experts with more than 10 years of experience in distributed systems in the most advanced technology corporations in the world. The project solves the main fundamental problems of all blockchain ecosystems, that is, the demand for sold products is guaranteed. Ferrum Network is a global project with truly ambitious goals that is able to raise the entire Blockchain industry to a new level, making digital assets an easy and accessible medium of exchange for every inhabitant of the planet. Ferrum NetworkThis is another brick in building a new decentralized world in which digital money can finally compete with centralized fiat funds, which ultimately will lead to universal acceptance and legalization at the state level in all countries of the world as the most progressive means of payment. In general, the project is very interesting.

More information on the project Ferrum network please visit their website listed below:

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• Bitcointalk username: sachindu amarakoon
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5 years ago in #ico by
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