THE CHALLENGES OF COWRIUM FOR PAYMENT SERVICE
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Cowrium is kind of multidimensional platform project which has the aim to reach SMEs in advanced technology. The user of Cowrium will be able to use cryptocurrency as the method for buy service and products. The project of Cowrium includes the development of local enterprises in the blockchain. It uses 2Hops POW/POS model. Besides that, Cowrium is available with Smart Contract Library. It accesses in similar earlier to build contracts. The project of Cowrium will let the user in an atomic swap borderless transaction. It will support the transaction with many kinds of cryptocurrencies like ETH, LTC, BCH, and BTC. Cowrium blockchain is an independent network and supports multicurrency by many kinds of blockchain.
Cowrium is integrated with a referral reward for loyal users. The user will be able to get money by inviting another user to join this platform. In this way, the user indirectly helps others to make Cowrium develop. In the referral program, there will be an opportunity for the customer to join because they are interested in the referral program. Cowrium is designed to make easy access by the user and strong to accommodate like ICO, token, and smart contract.
In the Cowrium, there is developed cryptocurrency namely Cowrie for a global customer in a payment solution. Cowrie has the unique ability because it enables the user to use it in an everyday transaction. The team of Cowrium creates this platform special because this is a place where many people and organizations can capitalize, get good security provided by blockchain and cryptocurrency. Cowrium has a loyalty program. It is a reward program to enable some owner website to create a loyal user after giving the user a Cowrie token. The reward gotten by the user will be added to the wallet account.
The customer in Cowrium will be able to take merchants and payment to get something in cryptocurrency as their choices. In the other hand, the local currency namely Cowrie will be able to a transaction with different cryptocurrencies. There is some benefit of Cowrie:
Referral reward system
Perform faster
Low-cost transaction
Cowrium becomes the main solution to challenges the fiat currency. What about the benefit, features, and service and Cowrium? Cowrium has recurring and scheduled payments which give opportunity users to recurring payment via wallets. There is a smart contract library that implements 2-hop POW to make sure easy implementation. The smart contract features will give the wallet of Cowrium. It has a function to make exchange between coins and it does not need a third party.
Cowrium is a multicurrency ICO project. It gives ICO the opportunity to get payment in cryptocurrency. The user can use other currencies because Cowrium enables the user to make payment via web application and mobile in the Cowrium. Cowrium has good security that supports many kinds of cryptocurrency algorithms, signing, and address. It protects the user from quantum attacks like SHA224, RSA, ECDSA, etc. Hyper block technology in Cowrium offers a high performance by scalability in compressing transactions. It will reduce the blockchain size and make sure less RAM or space in driver requirements.
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Name: Ridwan.P
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