Minggu, 05 Mei 2019

FERRUM NETWORK - Network for Financial Applications

Who would have thought how our world would develop 10-20 and 30 years ago?! Previously, we had no idea that a large part of everyday life will be quite normal phenomenon technologies such as the Internet, mobile and cellular communications, phones and smartphones themselves, as well as blockchain technology with its numerous derivative coins. Initially, when blockchain technology was in its infancy, I don't think Satoshi Nakamoto could have guessed what chain reaction of coins he would launch all over the world. If 10 years ago there was only one cryptocurrency Bitcoin in the world, now there are more than 2000.
But despite all this dynamic growth of cryptocurrencies, people still experience a number of difficulties in their operation, as well as due to the lack of practical tools for their use. Of course, many specialists develop a large number of different subsystems that are aimed at solving current problems, but as practice shows, it is still at the stage of origin. However, slowly but surely humanity will sooner or later come to this. The project about which we will talk about today is called FERRUM NETWORK.

About the project

Its main task is to ensure the interconnection of all issued coins with each other. At what to carry out these functions in the best way, offering the fastest translations, as well as minimal fees.
The project itself has its own decentralized basis, designed specifically for the tasks and solutions of the platform, where all exchange processes between all cryptocurrencies existing around the world will take place. If we talk about the FERRUM NETWORK project in simple words, it offers us high-frequency and risk-free cryptocurrency trading, supported by the friendly environment of FERRUM blockchain, as well as the built-in AI assistant. 

Advantages and features

As you have already understood FERRUM NETWORK will be a kind of exchange in which users will be able to quickly manage their assets by buying and selling some coins to others, no matter on what blockchain they are created. All FERRUM payment gateways are designed to provide the highest speed at the lowest possible cost. Which in turn will lead to more highly efficient decentralized exchanges throughout the cryptographic world. 
To complement the exchange FERRUM will be built-in mobile wallet UniFyre with its derivative branch in the form of a cold hardware wallet SebZero, technical indicators of which are considered one of the most reliable and best hardware wallets of our time. 
Also, to increase the reliability and security of all exchange processes, the developers of FERRUM NETWORK intend to use their own internal token on the created blockchain, with which all functions of exchanging one cryptocurrency for another will be carried out. The whole process is aimed only at eliminating any fraudulent activity on the part of the participants. All operations will proceed as quickly as possible, so there will be no difficulties and hitches for users. 

Token

As I wrote earlier, for the implementation of all kinds of transactions with cryptocurrencies on FERRUM NETWORK will be available its internal token FRM, which will allow to carry out all transactions quickly, with minimal costs and the most reliable way. It is important to note that FRMconversion will be available for both digital and Fiat currencies. Making use of the FRM is convenient and accessible.
The distribution of tokens is as follows: 

Partners

Conclusion

Of course, in order to appreciate all the advantages of the FERRUM NETWORK, it is necessary to get acquainted with it personally in practice, since the whole value of such projects is only in their practical application. Generally speaking, I think this concept is very interesting and technological, because it contains all the necessary technological functions and tools needed in the daily life of millions of users of the blockchain market. 
For a more advanced analysis of FERRUM NETWORK I suggest you to study their technical document presented in White paper, as well as ask all the questions to the development team. To do this, I have prepared all the necessary resources that you will find just below this article. 

Official resources of the Ferrum Network project:

Author: Zee MinHo
My ETH: 0x46025d00C3b8F2d00616713CfE6438eC6F098542

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