Road to mass adoption - Cowrium

in eth •  5 years ago 

Within crypto-communities, regardless of which coin/token they are interested in, crypto currencies adoption is on a high level, and discussion regarding broad adoption within general populations lead to the fact that they are missing the early train to jump into a revolution. These discussions are missing important fact that, now, you have to be technically educated to use crypto currencies, and have to be well organized to keep your passwords and private keys on a secure place, since there is no central authority that will keep it for you. This is a real obstacle for general adoption, because people are used to go on a road that offers minimal hurdles, and the fact that if you use your password could lose all your savings for you is not preferred for the most. It is a good feature to be independent, but that brings a lot of risk with it. For the mass adoption, needed solution shall be easy to use.

It is not news that digital money is the future of money, most central banks announce their versions, and advantages that digital and electronic money offers compared to current fiat system are obvious, so conclusion that we will have digital money everywhere in the future is hard to avoid.

Cowrium project is offering solution for Small and Medium enterprise sector that could bring non-tech savvy to block-chain and crypto currencies. Cowrie, as native coin in Cowrium eco-system, is designed to be used in everyday life as a form of payment and financial tasks. It is a multidimensional decentralized block-chain platform that aim to the market, with loyalty and referral platforms integrated in the system, open for both, Customers and Merchants.

Infrastructure behind introduces 2-hop network with miners as first step and master-nodes as second step, miners identify new transactions and add them to the block-chain, while master-nodes process instant and private block-chain transactions.

Decentralized applications that will be established and provided on the network include CowDEX, decentralized asset exchange and ErrandBoy 1.0, money transfer application.

Project 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

Author: https://bitcointalk.org/index.php?action=profile;u=1573369

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