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About the project Ferrum Network Its main task is to ensure the interconnection of all issued coins with each other. At what to carry out...

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

About the project Ferrum Network
Its main task is to ensure the interconnection of all issued coins with each other. At what to carry out these functions in the best way, offering the fastest translations, as well as minimal fees.

The project itself has its own decentralized basis, designed specifically for the tasks and solutions of the platform, where all exchange processes between all cryptocurrencies existing around the world will take place. If we talk about the FERRUM NETWORK project in simple words, it offers us high-frequency and risk-free cryptocurrency trading, supported by the friendly environment of FERRUM blockchain, as well as the built-in AI assistant.

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.

Ferrum Network aims to fill this gap by building one of the fastest highly scalable low-cost interoperability infrastructure to facilitate the exchange of value and information across different blockchains. The core technology that powers this functionality is the directed acyclic graph (DAG) architecture. Ferrum team believes this technology has better potential to solve the scalability and interoperability issues affecting existing networks. DAG deployment makes it possible for a user to import and export tokens from and to another blockchain without involving a third-party mediator. Imagine being able to exchange NEO for Bitcoin or even fiat on a single network (through a simple dApp) without having to send the tokens first to a centralized exchange. This is the ultimate goal of Ferrum Network.

By using this cutting-edge technology, Ferrum Network plans to solve the pains experienced in financial transactions and is therefore developing a suite of financial products powered by the network for real-world use cases, without counterparty risks. Kudi Exchange offers p2p gateway for fiat to crypto transactions for the African market (Nigeria specifically), UniFyre Wallet is a non-custodial wallet for cross-chain exchange of cryptocurrencies as well as for over-the-counter (OTC) trades, and other applications such as Infinity DEX. Developers can also build and run their decentralized applications (DApps) on the infrastructure.
Transactions on the network will be driven by Ferrum token (FRM). Access to the services of all the products built on Ferrum Network will be facilitated by the FRM token. The utility of the token is to serve as the gas for transaction fees and prevent hackers from spamming the system. Whenever FRM is spent on a transaction, it is burned. This also helps to limit the supply of the token.

High speeds at low cost

Extreme speed - protocol runs on the peak of the network. No matter which tokens you'll send BTC or ETH. You'll have a stable identical speed of the process. Are you saying BTC has a low deal rate?

Please have a program which makes the speed the similar. Also, talk about network charges. As you previously understood, this not a block-chain, and mining expenses will not be needed from you. And that means we’ll get a new rate for our deals. It’ll become much cheaper. Where the gas will be the assets of the FERRUM program, well, that is why we’re all accustomed to nothing free.

Products kudi exchange

Buy and sell cryptocurrencies faster and cheaper using Ferrum Network’s fiat gateways, beginning with our West African exchange and mobile wallet – the first in Africa offering a fully-regulated US Dollar pegged stable coin and the ability to send fiat currency peer-to-peer.

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.


More Information Ferrum Network :

Author : $crypto$

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