Review on Ferrum Network by Gabriel Medina
Project for the development of decentralized financial applications
Ferrum Network (FRM) is a high-speed interactive Blockchain project created to focus financial applications on real life and person-to-person transactions. Specifically, it focuses on providing everyday financial applications and applies DAG technology to solve low cost and transaction speed problems.
The objective of this project is to bring financial applications closer to emerging markets, thus allowing millions of people to have the opportunity to participate through the Ferrum network.
Pros
- It has its own FRM token, which is innovative because it allows us to reduce transaction fees.
- You will be able to exchange between cryptocurrencies and fiat.
- It uses DAG technology which is much faster, cheaper and more reliable.
Cons
- The FRM token is not mineable.
- The price of your cryptocurrency is still very low.
- It is not a very popular project and has a low volume in operations.
