All individuals in this world certainly want to do everything quickly, precisely and safely. Especially if it concerns all matters relating to payment transactions. Let’s see, at the moment there are several financial institutions that have experienced transaction problems at the end of the month. This is because at the end of the month, a number of financial institutions must serve monthly salary payment transactions from who are not small in number. Coupled with a non-decentralized financial structure. Which money can only be accessed through 1 particular financial institution. In addition, this condition will also be seen from shopping places that also experience similar problems. Therefore, this is an opportunity for Ferrum to provide network services that can be distributed quickly. This is because Ferrum is supported by technology as a core component and shares technological components that act as supporting productivity.
Various problems of delays in the process of financial transactions are caused by a lack of interoperability support between networks. But this can be overcome by Ferrum by the mechanism of connecting technology components with transaction layers that have high speed. This process will later provide access to conduct a number of transactions in a peer to peer manner against all existing digital assets, without exception.
Usually fast access services will also be accompanied by expensive prices. But unlike the case with Ferrum who still provides a standard price for the services provided. The Ferrum performance process integrates a network of various currency platforms such as , ETH, XRP, , Zcash and fiat currencies. This process is also called Lightning Network. The power of the Lighting Network, in general, is also used by a number of blochain platforms to support financial transactions. By utilizing services on this platform, users no longer need to make payment transactions through third parties.
Ferrum also has a number of feature features that have different functions and roles. Among them, such as The DAG , which provides a specifically designed to serve transactions quickly and has been decentralized before. Decentralized financial transactions certainly do not only involve one or two platforms. But it also involves many financial platforms, both and non based. Therefore Ferrum uses the Interoperability Network feature that provides interoperability networks that can be a cross-chain solution that allows it to be able to connect with a number of and non networks. This speed network service does not only run temporarily, because Ferrum guarantees stability that supports the process of exchanging a number of assets. The speed of the Ferrum network is adequate, of course not only supports currency with standard frequencies. But it also supports various types of currency transactions that have high quality and frequency. Which we can say, that not all platforms can do the same thing. Because if there is a component of technology that is forced, it could be that the platform suffered severe damage and caused the loss of a number of valuable assets. Therefore Ferrum, running this process not only uses speed techniques, but also by using a certain scale of stability. this is done so that all work carried out can be completed properly, both time and usage. In addition, Ferrum also integrates FRM called network gases. This is because on each network transaction, the FRM will be immediately burned. This combustion process is to produce transaction proof that explains that the user is not doing spamming.
Because it involves various kinds of alternative payments, Ferrum also provides a service that functions to convert a number of digital and fiat currencies. This service is available in the import and export value feature. Ferrum also has a sub-product called Kudi Exchange. This product has a number of roles to support the buying and selling of digital currencies collaborated with revolutionary peer to peer payment applications. This productivity activity is supported by the world’s leading fiat currency, US Dollar.
its own digital facility, namely Unifyre Wallet or also called a noncustodial crypto . A noncustodial crypto is a digital that can be accessed directly, without using server services. As well as private keys that are stored encrypted.
The main thing needed by payment transaction facilities is not only limited to speed, but also stability that can control well the productivity activities. Of course this is also the same as Ferrum did.
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ETH address: 0x592C3c1E55cea51529221F5f32b287c31a8a0bCB
Published at Tue, 14 May 2019 04:22:55 +0000
