Review on Ferrum Network by Douglas Cachazo
Ferrum Network FRM: Ambitious Blockchain project with the challenge of being Universal
I have always considered that what cryptocurrencies are missing to impose themselves once over the traditional fiat currencies in this Globalized world, the lack of trust added to a desired standardization that eliminates the obligation of having to have at least 5 Wallets and the same number of exchanges to be able to work more calmly with cryptocurrencies, this project points in that direction and will try to cover needs in a Universal environment, which can work with all currencies with an acceptable transaction speed, it would only need an education and massive disclosure on social media. This project tries to allow a general adoption of Cryptocurrencies with fast and reliable transactions that allow interoperability between networks. Something desired by all to be able to make equal transactions with any digital asset on the same network. In theory users could convert a cryptocurrency into an FE equivalent and that equivalent convert it back into any cryptocurrency, all at minimal fee costs. Its Token is the FRM and it is a token based on the Ethereun blockchain. For its operation on its platform it consists of 4 applications: Subzero Wallet, Ferrum OTC Wallet and the decentralized Ferrum Exchange and the Kudi Exchange. A This project must be monitored and its progress evaluated. If it becomes moderately Universal I see a future that is lost from sight
Pros
- Long awaited project by many
- It could work with any cryptocurrency
- Among the lowest transaction fees on the market
Cons
- I do not see cons to this project
