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Cowrium is a multidimensional blockchain based platform developed with sole aim of inspiring small and medium sized ventures to explore and adopt advanced technology and solutions to bring about steady growth as well expose people to concept of cryptocurrency and it's relevance as a secure medium of payment for purchasing goods and services.
The platform comes with various unique interconnected apps with different purposes, which includes:
CowDEX: A decentralized and highly secure cryptocurrency exchange platform that uses Atomic Swap to facilitate easier exchange or purchase between numerous coins or tokens.
ErrandBoy Dapp : Universal money transfer app that enables users to send cryptocurrency which is then converted to fiat money and given to recipients.
A Multidimensional smart contract
- Cowrie Stability AI : An integrated intelligence system that predicts the market and suggests foreseeable solutions to help balance and protect Cowrie from volatility.
This product known as "COWRIE" operates as the main trademark token of the Cowrium project. The name was coined from the sea mollusk used as money in ancient times. Cowrie cryptocurrency can be easily mined on the Cowrium blockchain and serve to be highly profitable for miners within Cowrium network.
INDEPTH DETAILS ABOUT COWRIUM PLATFORM
Cowrium platform is created by talented persons to use a 2-hop network. Concerning this 2-hop technology, first hop help miners to identify genuine blocks and record transactions on to the blockchain, wherein miners get rewarded in minted coin. The second hop operates with masternodes that can be hosted on VPS (Virtual Private Servers) which enables transactions to be confidential and fast as well budget decentralized governance on to Cowrium network.
Mining and Masternodes are key features existing inside the Cowrium platform. Mining is performed efficiently in Cowrium blockchain through merged in-browser mining with mobile mining to play role of support system for CPU and GPU miners. This help Cowrium hash rate to be decentralized and secure from 51 percent attack.
In regard to Masternodes, Cowrium POS masternodes is similar to Dash's which facilitate swift, protected and anonymous transactions across Cowrium network. Owners of Cowrie coin can receive fixed rewards through staking in Cowrium blockchain.
The Cowrium platform is also designed with other interesting features or products to attract massive audience worldwide. These include;
Instant Send : The Instant Send technology ensure that transactions is processed within 0.5 seconds in comparison to Dash 1.3 sec.
PrivateSend : This technology generates complete confidentiality in transactions preventing tracking origin of funds across the network.
Smart contract interaction with various blockchains through Cowrium and masternode feature.
A Multicurrency Payment System And ICO Platform : The Cowrium platform is versatile, displaying several capabilities including support for merchants or consumers to receive or make payments in any cryptocurrency via mobile and web applications. Also, ICOS can make use of the platform in fundraising to accept payments in any coin of their preference.
Capable support of multiple cryptographic codes, signing and address through Polysig which guarantees protection from Quantum attacks.
Atomic Swap introduced via a smart contract in Cowrium trademark wallet to help users exchange different coins or cryptocurrencies without intermediaries or brokers.
Higher performance and scalability achieved through Hyperblock technology which compresses transactions and reduces blockchain size.
Referral Rewards Program to make customers and merchants earn sufficiently by referring persons to the Cowrium platform.
Merchant Loyalty Program which enables users to be incentivized in Cowrie by merchants via website or app.
TOKEN INFORMATION
Start: Jan 1, 2020 (00:01AM UCT)
Number of tokens for sale: 1,000,000,000 CWRX
End: May 30, 2020 (11:59PM UCT)
Tokens exchange rate: 1 CWR = 0.075 USD
Acceptable currencies: BTC, ETH, LTC, USD, NGN (12)
Minimal transaction amount: Varies by Stages
Phase I
Jan 01 - Jan 30 Upto 50% Bonus $0.035/token
Phase II
Feb 01 - Feb 28 Upto 50% Bonus $0.0375/token
Phase III
Mar 01 - Mar 30 Upto 30% Bonus $0.04/token
Phase IV
Apr 01 - Apr 30 Upto 30% Bonus $0.0425/token
Phase V
May 01 - May 30 Upto 30% Bonus $0.045/token
ROADMAP
2018 – Q1
The Cowrie Idea is born as Concept Development
2018 – Q2
Team Building | Consultation with Industry Expert
2018 – Q3
Settle Legal Issues | Discussions with Private Investors
Cowrium Adoption | Private Investment (Seed Capital)
2018 – Q4
Website Launch
Early Access | PRE-ICO
2019 – Q1
Public Announcements at Events | Technical Setup
2019 – Q2
Project Development | ICO
2019 – Q3
New Website | Project Development
2019 – Q4
Testing Period
2020 – Q1
PRE-IEO | Prototype Release | Wallet Launch
2020 – Q2
New Website | CPU/GPU Mining | Masternodes | IEO / Major Exchange Listing
2020 – Q3
POS Launch | Payment Gateway Plugins
2020 – Q4
Decentralized Exchange Launch (CowDex)
Mobile Mining | Recurring Wallet Payments
ErrandBoy (BETA) Launch
2021 – Q1
Cowrium Summit
ErrandBoy Official Launch
Smart Contract / ICO Token Launch
2021 – Q2
Discussion with Financial Institution
Expansion on Scope of Work
Worldwide Promotio
2021 – Q3
Interoperability Solution Testnet
Partnership with Conventional Financial Institution
Investment in Acquisition of Conventional Financial Institutio
2021 – Q4
New Partnership
TEAM
Emmanuel Haastrup: Founder / Chief Conductor
Praveen Dagdi: Product Manager
Deepanshu Bhatt: Chief Marketing Officer
Shobhit Sharma: Lead: Blockchain Development
Priyanka Chouhan: Lead: Business Development
Aanuoluwapo Awesome: Lead: Community Development
Kshama Verma: Lead: Backend Devs, API, NODEs
Pedetin A. Obadimeji: Lead: Legal
ADVISORS
Chloe Khok: Process & Training
Oluyinka Tanimowo: Technology
Bado Faisal: Business Development (Africa)
Marina Sokolova: Business Development (Eastern Europe)
FINAL THOUGHT
This project is filled with so much potential and benefits which can truly impact positively on the crypto sphere and SMEs industry. I suggest readers to research and obtain more information about this innovative concept through official links.
For more information, use the official links below ;
Website : https://www.cowrium.net/
Whitepaper: https://www.cowrium.net/cowrium-whitepaper.pdf
Facebook: https://www.facebook.com/cowrium/
Twitter: https://twitter.com/cowrium/
Medium: https://medium.com/@cowrietoken
WRITER DETAILS,
Bitcointalk Username : Johnson Knight
Bitcointalk Profile URL : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary
Wallet Address : 0x56D391aD6C5Fe4b4faee3FCF9C7D32D9BD2feeCA