Cowrium: A Global Decentralized blockchain Network
Cowrium

Cowrium: A Global Decentralized blockchain Network

By adriaparcerisas | ICO Reviews | 16 Jun 2020


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Introduction

Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.

An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

 

Moving to the topic, the project I'm going to present you is Cowrium (https://www.cowrium.net), a multidimensional blockchain and smart contract innovation driven by Cowrie.

 

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Definition

In more detail, Cowrium is a global decentralised network of blockchain, intelligent contracts, interoperability, mining, masternodes supported by artificial intelligence, which aim to bridge the gap between Crypto and Fiat. The main goal is to encourage SMEs to use the advanced techs for better growth and to enable people to use cryptos as a payment method.

 

How it works

But, Cowrium has been designed to enable consumers to male payments in cryptocurrencies. It makes possible with its native crypto Cowrie which enables transactions through several cryptos. In this way, Cowrie will get faster, cheaper and better transactions. Moreover, the Cowrium blockchain will be a custom-built independent network that will accept all of characteristics mentioned above that will make it easy to access and use for every user. Cowrium involves the development of native public blockchain that uses POW and POS models. The project will also enable atomic swap transactions. Another attractive feature is that the platform will also integrate loyalty and referral program enabling users to earn more.

The platform will be divided in 5 main entities: A multidimensional smart contractCowrie --> A mass-oriented cryptocurrency, CowDEX --> An highly secured decentralized Exchange, ErrandBoy --> A DAP that allows users to send crypto & receives in Fia, and Cowrie Stability AI --> An artificial intelligence system that can predict the market and help suggest a foreseeable solution.

 

The most important features of the platform are the following:

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Bounty program

The project gives the opportunity to earn CWR tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Thread here (BTT_Thread_Cowrium), where you can access the link in order to see what are the conditions to become an early Cowrium contributor and start acquiring tokens.

For more information about the project, you can visit and read their WhitePaper available here (Cowrium_WP). You can also stay tuned in their official Telegram Channel (cowriumgeneral). I hope you liked the post and soon I'll send you new ones.

 

 

Token details

Token: CWR

Platform: Ethereum

Type: ERC20

Price in ICO: 1 CWR = 0.075 USD

Tokens for sale: 1,000,000,000

 

 

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Roadmap

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Social Media Links

Whitepaper: https://www.cowrium.net/cowrium-whitepaper.pdf
Facebook: https://www.facebook.com/cowrium/
Twitter: https://twitter.com/cowrium/
Medium: https://medium.com/@cowrietoken

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Author Details

Email: adria.parcerisas.albes@gmail.com

Bitcointalk username: adriaparcerisas

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482

Ethereum wallet: 0x3e10d9Cb6a5af372C00563aA19FEE3122A5C0Cd4

 

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adriaparcerisas
adriaparcerisas

PhD - Biomedical Engineering - Cryptolover


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