ABout Cowrium
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 a level of Cowrium's passion to be truly decentralized, protected from 51% attacks and providing better benefits for web and cellular miners.
Masternodes: Masternodes: Cowrium POS Masternodes are similar to Dash's, which provide an almost instant network and secure anonymous payments and transactions. Cowrium Blockchain allows CWR holders to get fixed rewards through betting, in return for their help to secure the network.
The benefits
Well, the existing crypto system doesn't make it very easy for anyone to invest or take advantage of the potentially high blockchain technology for things like making low costs, cross-border payments, etc. Also, there is a serious shortage of real-world applications that utilize cryptocurrency.
Cowrium bertujuan untuk mengubahnya dengan ekosistem blockchain yang akan membantu usaha kecil dengan mudah mengadopsi solusi blockchain untuk meningkatkan jangkauan pelanggan mereka dan menumbuhkan bisnis dengan sumber daya teknologi canggih.
Some features that make Cowrium better than most other blockchain platforms include multi-currency payment systems, smart contract libraries with 2-hop protocol (PoW / PoS), atomic exchange, intelligent pooling systems, hyperbloc technology, private company contracts, recurring contracts & scheduling payments, PrivateSend, support for several cryptographic algorithms, signing & address via Polysig, InstantSend, Smart Contract interactions between child chains, interoperability between Conventional Ledgers and Old Legacy Systems (Banking) and New Ledgers (Blockchain), web merchant solutions , multicoin browsers & mobile wallets, HTML API specifically for small & medium-sized companies, prepaid debit cards for consumers, merchant loyalty programs, and reference prizes.
Vision
The Cowrium project is not just a blockchain aimed at growing the existing economy, but an entirely new economic system currently being built 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 coins (CWR). With that goal in place, our talented and experienced development team works hard to build a unique economic system to make it easier 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 Debit / Credit Card for use with our ATMs, POS Terminals or Card Readers located all over the World . The Payment Module and the Cowrium 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 prizes, and more. The crowdfunding feature will enable the community to raise funds for their projects and media development events, without relying on third-party development teams.
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 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 carried out by users who are willing 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, thereby reducing blockchain size 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 Cowrium user wallet that allows exchange between various cryptocurrency (coins) without a third party.
Recurring & Scheduled Payments, a feature that allows 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 Traders through their website / application to give back to Users, prizes in the form of Mined CWR coins.
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.
TOKEN
Starting January 1, 2020 (00:01 AM UCT)
Number of tokens sold 1,000,000,000 CWRX
End May 30, 2020 (11:59 pm UCT)
Nilai tukar token 1 CWR = 0,075 USD
Acceptable currencies BTC, ETH, LTC, USD, NGN (12)
Minimum number of transactions varies by stage
Detail
Pre-sale: Jan 1 2020 - Jan 31 2020
Public sales: January 1 2020 - May 30 2020
Token supply: 2,000,000,000 CWR
Total tokens sold: 1,000,000 CWR
Soft cap: 500.000 USD
Hard cap: 5.000.000 USD
Token distribution
Budget allocation:
ROADMAP
Q1 - 2020
PRE-ICO | Prototype Release
Q2 - 2020
New website | Launch Wallet | IEO / Main Exchange List
Q3 - 2020
Launch POS | Payment Gateway Plugin
Q4 - 2020
Launch of Decentralized Exchange (CowDex) | Cellular Mining | Repeated Wallet Payment | Launch of ErrandBoy (BETA)
Q1 - 2021
Cowrium Summit | Official Launch of ErrandBoy | Launch of ICO Smart Contract / Token
Q2 - 2021
Discussion with Financial Institutions | Expansion of Work Scope | Worldwide Promotion
Q3 - 2021
Testnet Interoperability Solution | Partnership with Conventional Financial Institutions | Investment in the acquisition of conventional financial institutions
Q4 - 2021
New Partnership
Q1 - 2018
The idea of Cowrie was born | Concept Development.
Q2 - 2018
Team Building | Consultation with Industry Experts
Q3 - 2018
Resolving Legal Issues | Discussion with Private Investors
Cowrium Adoption | Private Investment (Seed Capital)
Q4 - 2018
Early Access | Website Launch
Q1 - 2019
Public Announcement on Events | Technical Arrangements
Q2 - 2019
Project Development | ICO (Limited)
Q3 - 2019
New website | Project Development
Q4 - 2019
Testing Period
PROJECT TEAM
Emmanuel Haastrup
Founder / Head of Conductor
Praveen Dagdi
Product manager
Deepanshu Bhatt
Chief of Marketing Staff
Shobhit Sharma
Lead: Blockchain development
Priyanka Chouhan
Leader: Business Development
Extraordinary Aanuoluwapo
Leader: Community Development
Kshama Verma
Lead: Dev Backend, API, NODE
Pedetin A. Obadimeji
Lead: Legal
Chloe Khok
Process & Training
Supporters
Technology
Bado Faisal
Business Development (Africa)
Marina Sokolova
Business Development (Eastern Europe)
Cowrium Website, Whitepaper and Social Links:
https://bitcointalk.org/index.php?topic=5239594.0
https://www.cowrium.net/cowrium-whitepaper.pdf
https://www.facebook.com/cowrium/
https://www.reddit.com/user/cowrium
https://medium.com/@cowrietoken
https://github.com/Cowrium-Project
https://www.youtube.com/channel/UClXQFnrYwHYoWwPllMnrdAQ
AUTHOR
My Bitcointalk Username — ghazbaz2
My Bitcointalk profile — https://bitcointalk.org/index.php?action=profile;u=2728885