Ferrum Network - A Unique Communication Method for Financial Applications

The FERRUM network is a fast connection network designed specifically for decentralized economic applications. The network collects blocks and allows quick and inexpensive shopping without having to conserve consumer resources.

This makes decentralized operations faster and less costly than other predefined solutions. The FERRUM network is the first decentralized market offering a centralized foreign exchange experience and modern functions such as reduced sales function and margin trading.

FERRUM network technology also enables a consistent merchant as well as a retail experience in virtual asset payment solutions and all other applications being developed.

Problems

P2P exchange is a naturally developed theory, aimed at eliminating the limits of how to buy and sell regular Bitcoin.

Nearly during Bitcoin's existence, online transactions have acted as gateways to the pre-algorithmic world. But with the fact that there are very few online and real-life stores that accept electronic money as a payment method, they have created the need to build an interface so that users can make interactions between the economy. International real world and Bitcoin network.

Online trading platforms such as Bitstamp, China BTC, Kraken, ... have met these needs by becoming a popular place to buy Bitcoin and other electronic currencies in cash and vice versa.

The drawback here is that unlike Bitcoin, these exchanges are managed by companies. This means that their employees have the right to monitor and manage all transactions between users, playing the role of referee in resolving disputes and charging all of the above activities to collect money.

Seeing the disadvantages produced by the above activities, some members of the ferrum.network community have been working on creating a new solution - the first high-speed interactive network for financial applications in The real world, characterized by Cross-Chain Interoperability - a next-generation protocol designed to connect to every blockchain.

Ferrum is a decentralized interoperability network that allows to manage, trade and exchange any digital asset without storing user assets. Built on a cyclic graph network (DAG), Ferrum is faster, less expensive and more scalable than traditional block chains. Not limited to ERC-20 token; Users can send almost any digital asset to Ferrum to create a proxy token that can be traded and exchanged equally with Ferrum Wallet or Ferrum's user-friendly DEX. And soon, fiat currency can be exchanged online.

Ferrum Network is the first high-speed interactive network built for real-world financial applications. Network Ferrum's DAG-based protocol layer can connect to any blockchain and allow peer-to-peer transactions of any digital asset in milliseconds with almost zero network costs.

UniFyre wallet allows users to trade any digital risk-free partner asset and provides revolutionary capabilities such as risk-free OTC transactions, instant market transactions and features Safe to avoid accidental loss. All online transactions require a number of nominal tokens to be spent and burned.

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.

Partners

Team

More Information Ferrum Network :

Website: https://ferrum.network
Whitepaper: http://whitepaper.ferrum.network

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