FERRUM Network is quick interconnectivity network specially designed for decentralized economic applications. Network brings Blocks jointly and allows cheap and rapid trades without taking custody of consumer’s assets.
This allows decentralized trades that are an order of magnitude quicker and less costly than the preset any other alternatives. FERRUM Network is the 1st decentralized exchange which offers centralize exchange experience alongside with modern functions such as small selling and margin trading feature.
FERRUM Network tech also allows a consistent merchant as well as retail experience for virtual asset payment solutions, and all other d-apps that are in early development.
Features of FERRUM Network
• High-Speeds and Low Costs – P2P (peer-to-peer) trades that confirm in milliseconds for around one cent in network charges
• Cross-Chain Interoperability - a next gen protocol designed to attach with all block-chain
• Launching with consumers and Network Utility - real users, real products, proven business practices.
• Integrated line up of Financial Products - exchange, buy, transact, and stock up any electric asset using advanced financial apps which run on the network
Products powered by FERRUM Network
FERRUM is launching a vertically integrated range of financial items on peak of the network which empower consumers to take control of their financial lives.
KUDI Exchange Fiat Gateway
Sell and buy crypto assets cheaper and faster using this gateway, starting with their West African mobile wallet and exchange – the first in Africa providing a completely regulated USD pegged stable coin and the capability to send fiat money to P2P.
UNIFYRE Wallet
Trade any virtual asset with no counter party threat utilizing this wallet, which offer revolutionary capabilities such as threat free OTC dealing, instant market transacts, and security feature to stop accidental loss.
Technology used by FERRUM Network
Innovative tech built for top speed P2P trades of any virtual asset is backbone of FERRUM Network as well as its products.
• The DAG ledger: D-ledger same to a block but specially designed for speedy trades, minimal network charges and no miners.
• Interoperability Network: super innovating on cross-chain solution, platform can interoperate with every block
• Decentralized Proxy Tokens (DPT): DPT with stability guarantees allow the trades, exchange of any virtual asset including virtual money.
• High Frequency Trading: Native assists to move money off-chain and perform extreme frequency deals and trades
for nominal costs.
• The FRM Token: Gas of the project, FRM are spent & burned for each trade on the network
• Import/Export Value: FERRUM Network is designed to import and export values, including fiat money.
Partnerships
FERRUM Network has previously announced lots of notable collaborations with:
• TLG Ventures, a venture capital company established by three crypto asset entrepreneurs, from backgrounds as diverse as business and IT, medicines, who’ve been investing in block startups for numerous years.
• Token Research Group, a group of block enthusiasts, ardent about bringing lucidity to the industry.
• KOSMOS, a leading investment Company focused on supporting block startups scale and integrate their items into enterprises.
• Rivetz, this joint venture enables hardware-level safety for the FERRUN Network Wallet and private keys.
• Gemini, By launching Gemini dollar to the Nigerian crypto money market Through Kudi Exchange, consumers will have an exceptional opportunity to access a totally regulated USD pegged stable coin, which unites the creditworthiness and cost stability of the USD with block tech and the oversight of American regulators. Kudi Exchange consumers will be capable to rapidly and simply trade with GUSD, send it as a allowance, or buy other virtual assets with it via the exchange platform.
Useful links for further details
Whitepaper: http://whitepaper.ferrum.network/
Website: https://ferrum.network/
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