Ferrum Network – The First High-Speed Interoperability Network for Real-World Financial Applications

Abstract

The whole world is evolving every day and we have to keep up with it. Blockchain is not just about Bitcoin, it means human evolution. This technology will radically change not only the payment systems but also the people’s conception of money.

2019 marked ten years since Bitcoin—the first ever peer-to-peer (P2P), decentralized cryptocurrency and use case of Blockchain—was unveiled. In a sense, Blockchain solved the decades-long double spending problem that had stopped cryptocurrencies from being created and deployed. And at the initial stages of its launch, many people doubted its potentials.

Today, the raging debate as to whether virtual currencies will ever go mainstream or not has finally been settled. Based on the current growth rates, financial analysts and Blockchain experts estimate the number of Bitcoin users to skyrocket to over 200 million by 2024. With such a number of users, there is no doubt that cryptocurrencies are primed to penetrate the traditional markets, as a vast majority of consumers, investors, and governments, consumers adopt them.

Introducing Ferrum Network

Ferrum Network is the first high-speed interoperability network built for real-world financial applications. The DAG-based protocol layer of Ferrum Network can connect with any blockchain, and enables the peer-to-peer transaction of any digital asset in milliseconds for near-zero network fees.

The vertically integrated financial applications that run on the network empower people to take control of their financial lives. Ferrum Network fiat gateways are fast, low-cost platforms for users to buy and sell digital currencies with fiat money. Groundbreaking technology even allows users to transfer fiat currencies peer-to-peer, with no banking intermediaries.

You can imagine using the solution provided by the Ferrum Network platform, users can send BTC at high speed but with lower fees or send digital assets to other people without intermediaries. All of these things can become a reality thanks to Ferrum Network.

Key Features of Ferrum Network

  • Cross-Chain Interoperability

a next-generation protocol designed to connect with every blockchain

  • High-Speeds and Low Costs

peer-to-peer transactions that confirm in milliseconds for around 1 cent in network fees

  • Integrated Line of Financial Products

buy, exchange, transact, and store any digital asset using advanced financial applications that run on the network

  • Launching with Users and Network Utility

real products, real users, proven business practices.

Ferrum Network Technology

  • The DAG ledger

A decentralized ledger similar to a blockchain but designed for fast transactions, minimal network fees and no miners

  • Interoperability Network

Innovating on cross-chain solutions, Ferrum can interoperate with any blockchain/network

  • Decentralized Proxy Tokens

Decentralized proxy tokens with stability guarantees enable the exchange/transaction of any digital asset, including digital fiat

  • High-Frequency Trading

Native support to move assets off-chain and perform high-frequency trades and transactions for nominal costs

  • The FRM Token

Gas of the network, FRM tokens are spent and burned for every transaction on the network

  • Import/Export Value

Ferrum is designed to import/export values, including fiat currencies

Product Powered by Ferrum Network

  • Kudi Exchange Fiat Gateway

Buy and sell cryptocurrencies faster and cheaper using Ferrum Network’s fiat gateways, beginning with our West African exchange and mobile wallet – the first in Africa offering a fully-regulated US Dollar pegged stable coin and the ability to send fiat currency peer-to-peer.

  • UniFyre Wallet

Transact any digital asset with no-counter party risk using the UniFyre Wallet, which offers revolutionary capabilities such as risk-free OTC trading, instant market trades, and safety features to prevent accidental loss.

In Conclusion

Like the Lightning Network for every blockchain, Ferrum’s revolutionary technology brings networks together, for a consistently high-speed, low-cost transaction experience for every digital asset, whether BTC, ETH, XRP, EOS, Zcash, and so forth. It even works with fiat currencies. Laser-focused on user-acquisition and global adoption, Ferrum Network has built a vertically integrated line of financial applications on top of the network, allowing users to buy, exchange, transact, and store any digital asset with no counter-party risk.

Ferrum Network looks forward, a good opportunity in the crypto market and does not want to waste it.

Contact

Website: https://ferrum.network/
Whitepaper: http://whitepaper.ferrum.network/
Facebook: http://facebook.ferrum.network/
Telegram: https://twitter.com/FerrumNetwork
Twitter: https://twitter.com/FerrumNetwork

Bitcointalk Username : Thymoty
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1072412
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