Ferrum Network is a platform that functions as a forum for decentralized exchanges and transaction networks. By using existing technological sophistication and good teamwork between experts, Ferrum Network provides services that represent cryptographic digital assets. By this way, digital assets owned can be exchanged for other digital assets, both with the background of centralized and decentralized technology.
Ferrum Network is a platform designed to fulfill a number of things, namely importing and exporting value from other networks; fiat gateway (Kudi Exchange); decentralized exchange (Infinity DEX); non-custodial wallet (UniFyre Wallet); cold storage application (Sub-Zero Wallet); etc.
Key Features
The following are the key features available at Ferrum Network, namely:
1. Cross-chain interoperability
Ferrum Network is a network protocol that is able to connect with various networks, and that is the latest innovation in the world of digital assets.
2. High-Speeds and Low Costs.
peer-to-peer transactions that confirm in milliseconds for around 1 cent in-network fees.
3. An integrated line of Financial Products
Buy, exchange, transact and store any digital asset using advanced financial applications that run on the network.
4. Line of Financial Products
Buy, exchange, transact and store any digital asset using advanced financial applications that run on the network
Products Powered By Ferrum Network
Some products are strengthened by Ferrum Network, namely:
1. Kudi Exchange Fiat Gateway
Kudi Exchange is a West-African Exchange and Mobile Wallet. Here, you can sell and buy cryptocurrencies quickly and cheaply. Interestingly, this exchange is the first exchange in Africa that provides fully-regulated US Dollar pegged stable coins and can send fiat currencies peer to peer.
2. UniFree Wallet
If you want to trade digital assets safely and comfortably, then use UnyFre Wallet. The cool revolution offered by this wallet is risk-free OTC trading, instant market trades, and safety features to prevent accidental loss.
Technology Underlying Ferrum Network
1. The DAG Ledger
This technology is designed as a blockchain. The similarity with the blockchain is that both use a decentralized system. The difference lies in the superiority of the DAG ledger rather than the blockchain. Some of the advantages possessed by DAG ledger are very fast transaction processing, minimal costs, and no miners.
2. Interoperability Network
Ferrum was created by making cross-chain technology. This technology can connect Ferrum with blockchain, and other networks.
3. Decentralized proxy tokens
Decentralized proxy tokens that have stability allow for various transactions, one of which is the exchange of digital assets, including fiat digital assets.
4. High-Frequency Trading
Native support to move high-frequency off-chain and perform assets trades and transactions for nominal costs.
5. The FRM Token
The token that has been used for transactions is network garbage. Therefore, to maintain network capacity and speed up transactions, FRM tokens will be burned after the transaction.
6. Import / Export Value
Import / Export Value Value is designed to import / export values, including fiat currencies.
Token
Ferrum proposes the native Ferrum Token, or FRM, which can be used in lieu of proof of work, or in addition to it. Users can, therefore, add weight to their transactions by spending FRM instead of, or in addition to, proof of work. When FRM is used to execute a transaction, the token is burned.
Team Members
Here are the great people who work with the team for Ferrum Network:
Roadmap
The following is the Ferrum Network roadmap, namely:
For More Information About This ICO :
Website: https://ferrum.network/
Whitepaper: http://whitepaper.ferrum.network/
Facebook: http://facebook.ferrum.network/
Twitter: https://twitter.com/FerrumNetwork
Telegram: http://t.me/ferrum_network
Author: Mairiri
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1011815
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