iron Network

April 29, 2019

iron Network

The first high-speed interactive network for real-world financial applications

By 2019 it is marked ten years since the first Bitcoin – peer-to-peer (P2P), decentralized cryptocurrency and cashing of the Blockchain case – launched. In a sense, Blockchain solves the problem of double spending for decades that has stopped cryptocurrency from creating and spreading. And at the initial stage of its launch, many people doubted its potential.

Today, the debate is raging about whether the virtual currency will become mainstream or not finally resolved. Based on current growth rates, financial analysts and Blockchain experts estimate the number of Bitcoin users to skyrocket to more than 200 million by 2024. With such a number of users, there is no doubt that cryptocurrency is prioritized to penetrate traditional markets, most consumers, investors and governments , consumers adopt them.

Ferrum Network is the first high-speed interactive network for real-world financial applications, with Cross-Chain Interoperability – a next generation protocol designed to connect to each blockchain. Ferrum Network launches a series of financial products vertically integrated on the network that empower users to control their financial lives. This is Kudi Exchange and UniFyre

FERRUM NETWORK MAIN FEATURES

Cross-Chain Interoperability – the next generation protocol designed to connect with each blockchain

High Speed and Low Cost – peer-to-peer transactions that confirm in milliseconds are about 1 cent in network costs

Integrated Paths of Financial Products – buy, exchange, transact, and store any digital assets using sophisticated financial applications that run on the network

Launch with Users and Network Utilities – real products, real users, proven business practices.

THE PRODUCT IS PROVIDED BY THE FERRUM NETWORK

Ferrum Network launches a vertically integrated financial product line above the network that empowers users to control their financial lives.

Kudi Exchange Fiat Gateway

Buy and sell cryptocurrency faster and cheaper using the Fiat Network Ferrum Network gateway, starting with West Africa exchanges and our cellular wallets – the first in Africa to offer stable coins pegged in a fully regulated US Dollar and the ability to send fiat peer- currencies to-peer.

UniFyre Wallet

Perform any digital asset transactions without risking the other party using UniFyre Wallet, which offers revolutionary capabilities such as risk-free OTC trading, instant market trading and safety features to prevent accidental losses.

PRODUCT SHOWCASE

TECHNOLOGY IN FERRUM NETWORK

Innovative technology built for high-speed peer-to-peer transactions from every digital asset is the backbone of Ferrum Network and its products.

DAG ledger

Decentralized ledgers are similar to blockchain but are designed for fast transactions, minimal network costs and no miners

Interoperability Network

Innovating in cross-chain solutions, Ferrum can operate with any blockchain / network

Decentralized Proxy Tokens

Decentralized proxy tokens with guaranteed stability allow the exchange / transaction of any digital assets, including digital fiat

High Frequency Trading

Native support for moving assets outside the chain and conducting high frequency trading and transactions for nominal fees

Token FRM

Network gas, FRM tokens are spent and burned for every transaction on the network

Import / Export Value

Ferrum is designed to import / export values, including fiat currencies

High speed at low cost

High speed – the protocol runs on the network. No matter which coin you will send Bitcoin or ETH. You will have an identical, stable operating speed. Are you saying Bitcoin has a low transaction rate? Please have a project that makes the speed the same. Also, talk about network costs. As you already understand, this is not a blockchain. And mining fees will not be requested from you. And that means we will get a new price for our transaction. It will be much cheaper. Where gas will be a FRM project token. Well, that’s why we’re all used to anything that’s free.

Integrated line of financial products

Like other networks. Networks need financial tools. And this project has developed these products. They have given us information about product development. This will be a digital currency exchange where you can work with real money. And digital currency wallet. It is also written that the wallet will allow us to be outside the exchange trade. In general, this project handles product lines that will allow us to easily interact with this network. Based on the first few points, I can imagine how comfortable it is to use one wallet for all coins. And do fast transactions.

Roadmap