Hello everyone, back with me Devani17, this new post that I want to introduce about a very interesting and good project called Cowrium, and for more details, let's go to the following discussion:
Decentralized Global blockchain network, smart contracts, Interoperability, Mining, Masternode with AI Support for Crypto Stability which aims to bridge the gap between Crypto & Fiat
Project:
Blockchain Cowrium The Cowrium project consists of the following 5 entities:
Multidimensional smart contracts
Cowrie - mass-oriented cryptocurrency
CowDEX - A very safe decentralized exchange
ErrandBoy - A DAP that lets you send cryptos & receive them in Fiat
Cowrie Stability AI - Artificial intelligence systems that can predict markets and help suggest predictable solutions - while buffer systems help stabilize Cowrie and protect it from market volatility.
What is Cowrium?
Cowrium is a Multidimensional Decentralized Blockchain Platform created with the aim to encourage SMEs to use advanced technology for better growth and enable people to use cryptocurrency as a payment method for buying products and services.
What is Cowrie?
Cowrie is the original digital currency from Cowrium. This name was adopted from sea mollusks that were used as money in ancient times. In addition to currency similarity, the Cowrie excavation process is also known as mining, which also shows blockchain mining.
Our mission:
To make the adoption of blockchain easier, faster and more profitable for small businesses & companies worldwide, and to make Cowrium / Cowrie a household name globally
Our Vision:
The Cowrium Project is not just a blockchain that aims to develop existing economies, but is an entirely new economic system that is being created on blockchain technology.
We understand that the first requirement for building a strong independent network such as Cowrium is to provide liquidity and various ways for users to obtain and use Cowrie (CWR) coins. With that aim, our team of talented and experienced developers work hard to build a unique economic system to make it easy for traders and users.
All devices in the system will be directly linked to the Cowrium Pay module, accessing which will require users to provide their unique identity. This will act as the Financial System of the entire economic system, allowing you to save, withdraw, make payments, lend CWR coins, link or request a Cowrium Pay Debit / Credit card for use with ATMs, POS Terminals or our Card Readers located throughout the world . The Cowrium Payment Module and Financial System will be supported by a separate entity from the Cowrium Foundation.
Furthermore, to create a successful and independent economic system, the Cowrium Network will implement the Governance features, which have been found in several cryptocurrency, including Dash. This feature is designed to give certain rights to Masternode holders, including the ability to choose, fund or reject proposals submitted by community members, including but not limited to event sponsors, charities, developer gifts, and more. The crowdfunding feature will allow the community to raise funds for their media / event development projects and shows, without relying on third-party development teams.
Cowrium Platform:
Cowrium is a blockchain project developed to help Small and Medium Enterprises to easily adopt a comprehensive blockchain solution to better reach thousands of customers doing business through the SME industry.
Cowrie Coins, which are the official digital currencies of the Cowrium platform, represent digital currencies that will effectively replace physical money. The aim is to increase adoption of blockchain technology through an easy-to-use platform.
Cowrium uses a 2-Hop network. In the first hop, the miner identifies the block and records the transaction to the blockchain. Miners, of course, are rewarded with new coins being mined in return. Other hops consist of Masternodes which are hosted on a virtual private server (VPS). This is a special server that allows instant and personal transactions, budgeting and decentralized government.
Mining:
The Cowrium Blockchain combines mining in the browser with Cellular Mining as a support system for CPU and GPU miners, allowing Cowrium's level of passion to be truly decentralized, protected from 51% attacks and provides better benefits for web and cellular miners.
Masternode:
Masternodes: Cowrium POS Masternodes is similar to Dash, which provides an almost instant network and secures anonymous payments and transactions. Cowrium Blockchain allows CWR holders to get fixed rewards through betting, in return for their help to secure the network.
Multicurrency Payment System - allows Merchants and Consumers to make / receive payments in any Coin through a special mobile and web application.
Smart contract interactions between child chains - the ability to allow block chain interoperability through Cowrium and Private Masternodes.
Multicurrency ICO Platform - which gives ICO the ability to accept payments in Cryptocurrency of their choice.
Smart Contract Library - which implements the 2-hop protocol - Proof of Work vs. Proof of Stake - compared to traditional PoW (1-hop) for higher security and easier implementation.
InstantSend - The almost instant payment known as InstantSend technology, is designed on average 0.5 seconds per transaction compared to Dash 1.3 seconds.
PrivateSend - The technology of mixing your funds through the Masternodes network, makes it almost impossible to trace the origin of funds.
Private company contracts that can only be executed by users who want to participate in the contract but can be verified publicly.
Intelligent Pooling System - effectively resolves the MEMO overload problem from traditional blockchain by prioritizing transactions to prevent delays.
Hyperblock technology - provides higher performance & scalability by regularly compressing transactions, reducing the size of the blockchain and ensuring less RAM / drive space requirements.
Supports multiple cryptographic algorithms, signing & address via Polysig - Provides protection against quantum attacks.
Atomic Swap - a smart contract feature that is activated in the user's Cowrium wallet that allows exchange between various cryptocurrency (coins) without a third party.
Recurring & Scheduled Payments, features that allow users to schedule recurring payments or subscribe through their wallet.
Referral Rewards Program - Enables customers and merchants to get more by referring others to join the platform.
Merchant Loyalty Program - Allows Merchants through their website / application to give back to the User, prizes in the form of Mined CWR coins.
APPLICATION
COWRIUM CONNECTED The Cowrium Platform will also host a number of related and related applications, as follows:
CowDex
Decentralized Exchange Cryptocurrency Exchange Platform
dedicated, decentralized, and very safe that utilizes Atomic Swaps for easy trading between multiple ICO tokens.
ErrandBoy
Crypto to Fiat Direct Transfer
A money transfer application where users can send money in any cryptocurrency, which is then converted to Fiat currency & sent to recipients anywhere in the world.
Cowrie AI stability
Artificial Intelligence on Volatility
AI Cowrie Stability is an independent but interconnected program that predicts markets, provides a possible balance and protects Cowrie from Volatility.
Cowrium Masternode:
This provides the security, speed and anonymity that is needed for processing payments and digital transactions through the Cowrium network.
The betting system of the Cowrium blockchain will allow existing CWR holders to get annual fixed income in the form of rewards, in return for their contribution to maintaining network security. In addition to VPN-based Masternodes, users can also engage in web and mobile CWR coin bets.
=>The minimum guarantee amount to activate Masternode is 10,000CWR.
=>Prizes will be proportional to guarantees of up to 100,000 CWR, with an increase of 10,000CWR.
SALES TOKEN:
Crowdfunding Cowrie sales will be held in 5 phases, from 1 January to 30 May. Coin prices open at 0.035USD (Phase 1) and close at 0.0450USD (Phase 5).
Starting: Jan 1 2020 (00:01 AM UCT)
Number of tokens sold: 1,000,000,000 CWRX
End: May 30, 2020 (11:59 PM UCT)
Value of exchange: 1 CWR = 0.075 USD
Acceptable currencies: BTC, ETH, LTC, USD, NGN (12)
Minimum transaction amount:
Varies based on stages
Phase I
Jan 1 - Jan 30
Up to 50% bonus
$ 0.035 / token
Phase II
Feb 1 - Feb 28
Up to 50% bonus
$ 0.0375 / token
Phase III
Mar 01 - 30 Mar
Up to 30% bonus
$ 0.04 / token
Phase IV
April 1 - April 30
Up to 30% bonus
$ 0.0425 / token
Phase V
May 1 - May 30
Up to 30% bonus
$ 0.045 / token
Token distribution:
Use of results:
ROADMAP:
Q1 2020
PRE-ICO.
Prototype Release.
Wallet Launch.
Q2 2020
New Website.
CPU/GPU Mining.
Masternodes.
IEO / Major Exchange Listing.
Q3 2020
POS Launch.
Payment Gateway Plugins.
Q4 2020
Decentralized Exchange Launch (CowDex).
Mobile Mining.
Recurring Wallet Payments.
ErrandBoy (BETA) Launch.
Q1 2021
Cowrium Summit.
ErrandBoy Official Launch.
Smart Contract / ICO Token Launch.
Q2 2021
Discussion with Financial Institution.
Expansion on Scope of Work.
Worldwide Promotion.
Q3 2021
Interoperability Solution Testnet.
Partnership with Conventional Financial Institution.
Investment in Acquisition of Conventional Financial Institution.
Q4 2021
New Partnership.
TEAM Details:
Emmanuel Haastrup: Founder, Chief Conductor
Praveen Dagdi: Product Manager
Deepanshu Bhatt: Head of Marketing
Shobhit Sharma: Lead the Blockchain Development
Priyanka Chouhan: Business Development Leader
Extraordinary Aanuoluwapo: Leading Community Development
Kshama Verma: Main Dev Backend, API, NODE
Pedetin A. Obadimeji: Legal Lead
ADVISOR:
Chloe Khok: Process & Training
Oluyinka Tanimowo: Technology
Still Faisal: Business Development
Marina Sokolova: Business Development
PARTNERS:
For more information about this project, see the link below:
Website: https://www.cowrium.net/
Whitepaper: https://www.cowrium.net/cowrium-whitepaper.pdf
Telegram: https://t.me/cowriumgeneral
Twitter: https://www.twitter.com/cowrium/
Facebook: https://www.facebook.com/cowrium/
Medium: https://medium.com/@cowrietoken
AUTHOR:
Username: Devani17
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2433969
ETH Address:0xfC9eC58F3F077874ABdAf6F971f63E84d6F134c4
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