Ferrum Network
Since the advent of blockchain technology in 2008, when Satoshi Nakamoto introduced Bitcoin, serious efforts have been made to implement the blockchain in several aspects of global business processes. Blockchain technology has been described as having the potential to destroy many industries at low cost. transactions, eternity and increased security. In subsequent years, many other blockchain implementations were developed, each of which demonstrates unique functions adapted to specific use cases.
Blockchain allowed to release almost all assets through the structure of a distributed ledger. With the help of cryptocurrency tokens, these assets can be given economic value for launching and testing some transactional processes. Several network protocols were developed by a number of startups and companies that were created to create blockchain-based solutions.
On this occasion, I will provide interesting information, especially in the world of cryptocurrency. This ICO project related to the financial world called the Ferrum Network is a fast interconnection network for decentralized financial applications. Before discussing it, it is a good idea to read reviews that can help you get information about their vision and mission. We hope that this information will certainly give you a little understanding and interest in participating in the Ferrum Network ICO project.
The Ferrum network, developed by experts in distributed systems with more than ten years of experience in the world’s largest technology company, was created to solve two fundamental problems that hinder the implementation of cryptocurrency: slow transaction speed and lack of interoperability between networks. Instead of building an autonomous network, Ferrum Network uses the value of an existing block chain and connects it to a high-speed transaction level that allows peer-to-peer transactions from any digital asset.
Like the Lightning Network for each blockchain, Ferrum’s revolutionary technology combines networks that provide consistently high speed and low transaction costs for each digital asset, like BTC, ETH, XRP, EOS, Zcash, and so on. He even works with paper currencies. By focusing on lasers on attracting users and global deployment, Ferrum Network has created a line of financial applications vertically integrated into the network, allowing users to buy, exchange, conduct transactions and store any digital assets without the risk of confrontation between the parties.
Ferrum Network Technology
DAG Book: Decentralized books are similar to the blockchain, but are designed for fast transactions, minimal network costs and the absence of miners.
Interaction network: introducing innovative solutions for cross-chains, Ferrum can work with any blockchain / network.
Decentralized proxy tokens: Decentralized proxy tokens with guaranteed stability allow the exchange / transaction of any digital assets, including digital fiat.
High Frequency Trading: genuine support for moving assets off the network and conducting high frequency trading and transactions for a nominal fee.
FRM Token: network gas, FRM tokens are consumed and burned for each transaction in the network.
Import / Export Value: Ferrum is designed to import / export values, including paper currencies.
Key features of the network Ferrum
Inter-network communication: A next-generation protocol designed to connect to each block chain.
High speed and low cost: peer-to-peer transactions that within a millisecond confirm that the cost of the network is about 1 cent.
An integrated line of financial products: buy, exchange, trade and store any digital assets using sophisticated financial applications that work online.
Run with users and network utility: real products, real users, proven business practices.
The Ferrum Network launches a vertically integrated line of financial products above the network, which gives users the ability to control their financial lives.
Kudi Exchange Fiat Gateway: you can buy and sell cryptocurrency faster and cheaper using the Fiat Gateway Ferrum Network, starting with the stock exchange in West Africa and their first wallet for smartphones in Africa, offering a set of stable coins in a fully regulated US dollar and the ability to send paper currency.
UniFyre Wallet: You can perform any operations with digital assets without risk using the UniFyre Wallet. UniFyre Wallet offers revolutionary features such as risk-free over-the-counter trading, instant market trading and security features to prevent losses due to errors.
Ferrum Network has its own original token, PUR (short for PURE FERRUM) and other proxy tokens. As already mentioned, Fe is used as a “gas” in the network, similar to the cost of Ethereum gas on the Ethereum blockchain. Proxy tokens mean tokens that are imported into the network and have the same meaning as the original. Here is an example. If 1 BTC is added to the Ferrum network, it will be exchanged for 1 Fe (BTC) — the external exchange protocol will be used with the same value. Something similar happened with paper currencies. If USD or EUR is sent to the network, we will have Fe (USD) and Fe (EUR) in the network.
In short, Fe tokens, such as Fe (BTC), Fe (ETH), are created by locking the original value; they have developed several methods for this. Some of them include smart contracts, and some do not. However, they all provide transaction security.
Information about the network Ferrum and ICO Token FRM
FRM tokens will be used to quickly complete all transactions with minimal commission and in the most reliable way. FRM tokens for digital currencies and Fiat will also be available.
Token details
Name: Ferrum Network
Token: FRM
Token cost: 1 FRM = 0.0168 USD
Tokens for sale: 400 million FRM
Total amount of deliveries: 1 000 000 000 FRM
Softcap: TBA
Hardcap: $ 6,000,000
Token distribution
Conclusion
The Ferrum network, developed by experts in distributed systems with more than ten years of experience in the world’s largest technology company, was created to solve two fundamental problems that hinder the implementation of cryptocurrency: slow transaction speed and lack of interoperability between networks. Instead of building an autonomous network, Ferrum Network uses the value of an existing block chain and connects it to a high-speed transaction level that allows peer-to-peer transactions from any digital asset.
You can find Ferrum.network on:
- WEBSITE: https://ferrum.network
- WHITE PAPER: https://drive.google.com/file/d/1chjmvP_Gmj6n9IeV4mGV_BBjY0hCSV9V/view
- BRANCH ANNOUNCEMENT: https://bitcointalk.org/index.php?topic=5134952
- TELEGRAM: http://t.me/ferrum_network
- FACEBOOK: http://facebook.ferrum.network/
- TWITTER: https://twitter.com/FerrumNetwork
- MEDIUM: https://medium.com/ferrumnetwork
- REDDIT: https://www.reddit.com/r/FerrumNetwork/
- LINKEDIN: http://www.linkedin.com/company/ferrumnet/
- INSTAGRAM: http://instagram.ferrum.network/
- YOUTUBE: http://www.youtube.com/channel/UCN658dMRTaH4C4dP32VHi6Q
My account BTT:https://bitcointalk.org/index.php?action=profile;u=1297889
My ETH Adress: 0x8B2180c8EeBb9edFCc1F532AB8Efe51EBa6b5253