Multidimensional Decentralized Chain Block Platform
What is Cowrium?
Cowrium is a Multidimensional Decentralized Blockchain Platform created with the aim of encouraging SMEs to use advanced technology for better growth and enable people to use cryptocurrency as a payment method for buying products and services.Cowrie is the original digital currency from Cowrium. This name was adopted from sea mollusks that were used as money in ancient times. In addition to currency similarity, the Cowrie excavation process is also known as mining, which also shows blockchain mining.
Mission
To make the adoption of blockchain easier, faster and more profitable for small businesses & companies worldwide, and to make Cowrium / Cowrie a household name globally
Vision
The Cowrium Project is not just a blockchain that aims to develop existing economies, but is an entirely new economic system that is being created on blockchain technology.We understand that the first requirement for building a strong independent network such as Cowrium is to provide liquidity and various ways for users to obtain and use Cowrie (CWR) coins. With that aim, our team of talented and experienced developers work hard to build a unique economic system to make it easy for traders and users.All devices in the system will be directly linked to the Cowrium Pay module, accessing which will require users to provide their unique identity. This will act as the Financial System of the entire economic system, allowing you to save, withdraw, make payments, lend CWR coins, link or request a Cowrium Pay Debit / Credit card for use with ATMs, POS Terminals or our Card Readers located throughout the world . The Cowrium Payment Module and Financial System will be supported by a separate entity from the Cowrium Foundation.
Cowrium Blockchain Project
The Cowrium Project consists of the following 5 entities:
- Multidimensional smart contracts
- Cowrie - mass-oriented cryptocurrency
- CowDEX - A very safe decentralized exchange
- ErrandBoy - A DAP that lets you send cryptos & receive them in Fiat
- Cowrie Stability AI - An artificial intelligence system that can predict the market and help suggest a foreseeable solution - while the buffer system helps stabilize Cowrie and protect it from market volatility.
The Cowrium Platform
Cowrium is a blockchain project being developed to help Small and Medium Enterprise to easily adopt comprehensive blockchain solutions to better reach thousands of customers who conduct business through the SME industry..The Cowrie coin, which is the official cryptocurrency of the Cowrium platform, represents a digital currency that will effectively replace the physical money. The aim is to increase the adoption of blockchain technology through an easy-to-use platform.Cowrium uses a 2-Hop network. In the first hop, miners identify blocks and record transactions on to the blockchain. The miner, of course, is rewarded with the new coin mined in return. The other hop consists of Masternodes that are hosted on virtual private servers (VPS). These are special servers that enable instant and private transactions, budgeting as well as decentralized governance.Mining : The Cowrium blockchain combines in-browser mining with Mobile Mining as a support system for the CPU and GPU miners, allowing for Cowrium’s hash rate to be truly decentralized, protected against 51% attacks and providing better profitability for web and mobile miners.Masternodes Masternodes: The Cowrium POS Masternodes is similar to Dash's, which provides to the network near-instant and secures payments as well as anonymous transactions. The Cowrium Blockchain allows CWR holders to earn fixed rewards through staking, in return for their help to secure the network.
- Multicurrency Payment System - enabling Merchants and Consumers to make/receive payments in any Coin via dedicated mobile and web apps.
- Multicurrency ICO Platform - that gives ICOs the ability to accept payments in any Cryptocurrency of their choice.
- InstantSend - The near-instant payments known as InstantSend technology, is designed to average at 0.5 secs per transaction compare to Dash 1.3 seconds.
- Enterprise Private Contracts which can be executed only by users willing to participate in the contract but can be verified publicly.
- Hyperblock technology - provides higher performance & scalability by regularly compressing transactions, thus reducing blockchain size and ensuring less RAM/ drive space requirements.
- Atomic Swap - a smart contract feature enabled in the Cowrium wallet of users that allows exchange between different cryptocurrencies (coins) without a third-party.
- Referral Rewards Program - Enable customers and merchants to earn more by referring others to join the platform.
- Smart Contract interaction between child chains - capability permits the interoperability of block chains through Cowrium and Private Masternodes.
- Smart Contract Library - that implements the 2-hop - Proof of Work vs. Proof of Stake - protocol as compared to the traditional PoW (1-hop) for higher security and easier implementation.
- PrivateSend - The technology mix your funds through the Masternodes network, making near-impossible to trace back the origin of the funds.
- Intelligent Pooling System - effectively resolves the Mempool overload issue of traditional blockchains by prioritizing transactions to prevent delays.
- Support multiple cryptographic algorithms, signing & address via Polysig - Providing protection against quantum attacks .
- Recurring & Scheduled Payments a feature that enables users to schedule recurring or subscription payments via their wallets.
- Merchants Loyalty Program - Allow Merchants through their website/app to give back to Users, rewards in the form of Mined CWR coins.
SPECIAL INTEREST
COWRIUM INTERCONNECTED APPS
The Cowrium platform will also host a number of interconnected and related apps, as follows:CowDexDecentralized ExchangeA dedicated, decentralized, highly-secure Cryptocurrency Exchange platform that utilizes Atomic Swaps for easy trading between multiple ICO tokens.ErrandBoyCrypto to Fiat Direct TransferA money transfer app through which users can send money in any cryptocurrency, which is then converted to Fiat currency & sent to the recipient anywhere in the world.Cowrie Stability AIArtificial Intelligence against VolatilityThe Cowrie Stability AI is an Independent but interconnected program that predicts the market, provides possible balance and protects Cowrie from Volatility.
Token
Start: Jan 1, 2020 (00:01AM UCT)Number of tokens for sale: 1,000,000,000 CWRXEnd: May 30, 2020 (11:59PM UCT)Tokens exchange rate: 1 CWR = 0.075 USDAcceptable currencies: BTC, ETH, LTC, USD, NGN (12)Minimal transaction amount: Varies by Stages
Distribution of tokens
Use of proceeds
Roadmap
2018 - Q1The Cowrie Idea is born as Concept Development2018 - Q2Team Building | Consultation with Industry Expert2018 - Q3Settle Legal Issues | Discussions with Private InvestorsCowrium Adoption | Private Investment (Seed Capital)2018 - Q4Website LaunchEarly Access | PRE-ICO2019 - Q1Public Announcements at Events | Technical Setup2019 - Q2Project Development | ICO2019 - Q3New Website | Project Development2019 - Q4Testing Period2020 - Q1PRE-IEO | Prototype Release | Wallet Launch2020 - Q2New Website | CPU/GPU Mining | Masternodes | IEO / Major Exchange Listing2020 - Q3POS Launch | Payment Gateway Plugins2020 - Q4Decentralized Exchange Launch (CowDex)Mobile Mining | Recurring Wallet PaymentsErrandBoy (BETA) Launch2021 - Q1Cowrium SummitErrandBoy Official LaunchSmart Contract / ICO Token Launch2021 - Q2Discussion with Financial InstitutionExpansion on Scope of WorkWorldwide Promotio2021 - Q3Interoperability Solution TestnetPartnership with Conventional Financial InstitutionInvestment in Acquisition of Conventional Financial Institutio2021 - Q4New Partnership
Team
Emmanuel Haastrup: Founder / Chief ConductorPraveen Dagdi: Product ManagerDeepanshu Bhatt: Chief Marketing OfficerShobhit Sharma: Lead: Blockchain DevelopmentPriyanka Chouhan: Lead: Business DevelopmentAanuoluwapo Awesome: Lead: Community DevelopmentKshama Verma: Lead: Backend Devs, APIs, NODEsPedetin A. Obadimeji: Lead: Legal
Advisors
Chloe Khok: Process & TrainingSupporter: TechnologyBado Faisal: Business Development (Africa)Marina Sokolova: Business Development (Eastern Europe)
For More Information Click Link Bellow:
- Website: https://www.cowrium.net/
- Whitepaper: https://www.cowrium.net/cowrium-whitepaper.pdf
- Facebook: https://www.facebook.com/cowrium/
- Twitter: https://twitter.com/cowrium/
- Medium: https://medium.com/@cowrietoken
Author : zorzia
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2283026