Ferrum Network

As cryptocurrencies are booming, a lot of developers are coming out with fantastic ideas to help the world be a better place. I have come across a lot of projects this 2019 and today I write about one of the best ICO projects in 2019. The name of this project is called Ferrum Network.

Ferrum Network is a high-speed network developed for real-world financial applications. It is comprised of two interconnected elements.

A DAG-based interoperability network that can join to nearly any blockchain enabling peer-to-peer transactions of any digital asset in milliseconds, and the vertically built-in financial applications walking on the network that permit users to buy, sell, transact, exchange and save any digital asset without taking custody of those assets.

The network is powered by way of the native Ferrum Network utility token, or FRM. Each transaction necessitates a nominal of FRM be spent and burned to attach proof to the transaction and as an anti-spamming measure. Our product line includes a live fiat gateway plus payments app called Kudi Exchange. Kudi Exchange is a fast, low price platform for buying and promoting digital currencies combined with revolutionary peer-to-peer repayments app permitting customers to instantly ship fiat forex with no banking intermediaries. It is also the first fiat-to-crypto change in West Africa with get entry to to a U.S. Dollar backed secure coin. Our non-custodial crypto wallet, UniFyre Wallet, will enable users to transact any digital asset with no counter-party risk and presents revolutionary capabilities such as nontoxic OTC trading, immediately market trades, and safety elements to prevent unintentional loss. Later we will tackle our remaining products: a high-speed cross-chain decentralized exchange, and low-cost bloodless wallet software that operates on an offline Android phone.

Imagine sending Bitcoin in milliseconds, exchanging any asset peer-to-peer over a high-speed interoperability network, or sending digital fiat with no intermediary. It is all feasible with Ferrum Network.

Enter Ferrum Network, facilitating the fast and less expensive peer-to-peer trade of any digital asset, regardless of originating blockchain. Ferrum is a decentralized platform where users can manage, transact and trade their digital belongings except passing the custody of their belongings to a third-party. Built on a directed-acyclic graph (DAG) network, Ferrum has inherent benefits over traditional blockchains in terms of speed, cost, and scalability. By utilizing Ferrum’s groundbreaking science to securely import and export value across chains, customers can save any asset into Ferrum Network creating a proxy token that can be transacted and exchanged using the UniFyre Wallet or other forthcoming change products. To get commenced with Ferrum Network products, users can buy them digital assets immediately with fiat money the usage of our fiat gateways, beginning with our West African based fiat gateway, Kudi Exchange.

The Kudi Exchange and mobile wallet tolerate customers to purchase Bitcoin and different digital assets at once with fiat. The mobile wallet even allows customers to send digital fiat money peer-to-peer the use of just What’s App and SMS numbers. No database and no intermediaries are needed. In addition, Kudi Exchange will be the first and solely podium on the continent of Africa to provide the U.S. Dollar backed steady coin, Gemini Dollar.

Roadmap
Ferrum is unique in that we commenced creating and trying out the technology prior to raising any funds to make sure that our imaginative and prescient would be viable. A timeline of our progress and a roadmap of estimated dates of future tendencies and milestones can be located on the Ferrum Network website.

Team

Advisors

Useful Links:
website
Whitepaper
Telegram
Twitter
Reddit
Ann
Youtube
Medium
LinkedIn

Authorship:

Forum user-name: KobbyC
Forum profile link: https://bitcointalk.org/index.php?action=profile;u=1608153
ETH wallet Address : 0x6703ED4253276E4f227AEB9De6bCd83BA7f84FBA