FIRMO; @originalwoks writing contest

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The blockchain is going global. In the next few decades, more than 50% of the business will be welcoming blockchain technology. With blockchain, it easy to build a fast, easy and secure decentralized platform for business growth. Despite what blockchain entails, there is still some element of vulnerability that is needed to be solved. Most centralized platform have their derivatives and how it works depends on them. Since Decentralization is now in existence, then derivative end should also be checked. Smart derivative means an instrument that is attached to another financial instrument. If decentralization is to bitcoin, the smart contract is to ethereum thenFirmo will be for the financial contract.

Firmo is a platform built on blockchain which allows businesses i.e. exchange, to securely offer smart derivative on any blockchain)

It is built on blockchain to become decentralized, provide secure end-to-end and peer to peer services without the interference of the trusted third party. Firmo derivative provides secure trading reputation in the crypto world.
Firmo was officially introduced in 2017 and its main founder and C.E.O is Dr. Omri Ross. He obtained his Ph.D. in mathematical France from the University of Cambridge. He has been an assistant professor in blockchain technology at the University of Copenhagen and has also been a consultant for the startup like Bancor, Colu and as well as an advisor to the government. With this, he has gained different experience on how blockchain ecosystem shoul d be. Omri Ross and his team are working how to build the future of financial infrastructure.

Firmo is in the verge process of creating and introducing an alternative infrastructure for financial contracts which will be transparent, fair and secure. Firmo has protocols which enable any business or individual users to create a secure and automated smart derivative. it is achieved using domain-specific programing language, otherwise known as firmoLang. The protocol can be utilized in the financial institution to achieve a significant reduction in cost associated with clearing and settlement of derivative. This can enable financial system to expand with reasonable variation and standardized instrument.Firmo is so unique in providing an opportunity to others which is viewed as insecure by other platform

Firmo protocol is an intermediate service layer, providing third-party applications and secure infrastructure to create and deploy smart financial contracts on any blockchain supporting scripting language.)

FirmoLang, as described from [firmo technical paper], is a non-Turing domain specific language which is design with aim of reducing or eradicating error in self-executing contract on a decentralized ecosystem. FirmoLang is designed to retain zero redundancies and express necessary function for the financial contract. FirmoLang provides a secure and stable environment for exotic and versatile financial contraction hence provide more security in helping cryptocurrency to have more confidence in taking a risk. The higher the risk-taking the higher the gain. The security will ensure that the crypto world is less susceptible and vulnerable to attack, scam or theft. This can be achieved through the building of domain-specific language.

[screenshot from technical paper]
The zero coverage has an advantage over the current system. With zero coverage, the smart derivative can be executed with little or no collateral. This coverage can exist in a situation with sufficient trust. It can also exist in all circumstance, unlike the current coverage. Firmo protocol is aiming to be built under zero coverage