FERRUM NETWORK - The First High-Speed Interoperability Network for Real-World Financial Applications

INTRODUCTION

The continuous demand about cryptocurrency is increasing, people have heard about it, and yet people want

to find more about it, and find a way to be a part of it. The blockchain technology basically may be used for

any types of transaction involving value (money, goods, real estates, etc.). Blockchain technology is a more

efficient, decentralized and consensus-driven public repository, which can have a number of applicants in

order to make citizens less dependent on governments.

Blockchain technology is the most popular and wildly used cryptocurrency exchanges which have gathered a

significant amount of influence over the years. Application of blockchain are still in a defining stage and they

represent an extremely fast moving field, with little established theory. It potentially allows individuals and

communities to redesign their intentions in politics, business and society at large, with an unknown process if

disintermediation on large scale, based on automated and trustless transactions. This process might rapidly

change even the principle that supports existing political systems and governance models, calling into

question the traditional role of state and centralized institution. Sadly the concept of decentralization which

exists as the basis of cryptocurrency has not been completely adopted in cryptocurrency exchanges.

While this revolution is gaining wide acceptance, Ferrum Network, a high-speed interoperability network built for real-world

financial applications has been introduced. Ferrum Network, designed by a distributed systems expert with over ten years

experience at the world’s biggest tech companies, was built to address two fundamental problems impeding the mainstream

adoption of cryptocurrencies: slow transaction speeds and the lack of interoperability between networks.

WHAT IS FERRUM NETWORK?

Ferrum Network is a high-speed interoperability network built for real world financial applications. It is comprised of two

interconnected elements: (1) a DAG-based interoperability network that can connect to nearly any blockchain enabling peer-to-

peer transactions of any digital asset in milliseconds, and (2) the vertically integrated financial applications running on the

network that allow users to buy, sell, transact, exchange and store any digital asset without taking custody of those 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 first decentralized exchange which offers centralize exchange experience alongside with modern

functions such as small selling and margin trading feature.

In addition, 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.

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.

THE BENEFITS

The FERRUM NETWORK project is a kind of exchange for managing cash assets, for selling and buying cryptocurrency,

despite of the blockchain platform on which the coins were manufactured. Each FERRUM payment network will allow transfers
as fast as possible,. therefore, a decentralized exchange will gain high efficiency in the entire cryptographic field.

In addition, the FERRUM platform will have its UniFyre mobile wallet, as well as the SebZero hardware wallet which according

to technical indicators, is one of the most qualitative and innovative hardware wallets of modern times.

In order to increase the security of the exchange processes, the creators of FERRUM NETWORK plan to start using their own

internal marker located on the blockchain platform. The marker will be a great tool for cryptocurrency exchange. The main goal

of all this is to prevent fraud, to which participants themselves may resort. Operations will take place at high speed and,

accordingly, none of the users will have any technical problems.

FERRUM FEATURES

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.

About The Technology

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.

TOKEN DETAILS

FERRUM NETWORK will have its own accounting unit - FRM-token, with which it will be able to transfer money safely, quickly

and efficiently. As for the FRM conversion, both paper and cryptocurrency will be available for it. Thus, FRM will become an even

more convenient token for use.

The distribution of tokens is as follows:

FERRUM Network token will be ERC: 20 assets, migrating to native with Main-net. FERRUM token is the gas of the project.

FERRUM network will reveal also the Reserve Model to reduce a circulating supply of FRM tokens.

THE AMAZING TEAM

ROAD MAP AND DEVELOPMENT PLAN

For more detailed information, please visit:

WEBSITE: https://ferrum.network

WHITEPAPER:https://drive.google.com/file/d/1chjmvP_Gmj6n9IeV4mGV_BBjY0hCSV9V/view

ANN THREAD: https://bitcointalk.org/index.php?topic=5134952

TELEGRAM: http://t.me/ferrum_network

FACEBOOK: http://facebook.ferrum.network/

TWITTER: https://twitter.com/FerrumNetwork

MEDIUM: https://medium.com/ferrumnetwork

REDDIT: https://www.reddit.com/r/FerrumNetwork/

LINKEDIN: http://www.linkedin.com/company/ferrumnet/

INSTAGRAM: http://instagram.ferrum.network/

YOUTUBE: http://www.youtube.com/channel/UCN658dMRTaH4C4dP32VHi6Q

Bitcointalk username: Kunlelexybit

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2652055;