THE COWRIUM PLATFORM
Cowrium is a blockchain project designed to help small and medium-sized businesses easily implement comprehensive blockchain solutions to better reach thousands of customers who do business with the SME industry.
The Cowrie coin, the official cryptocurrency of the Cowrium platform, is a digital currency that effectively replaces physical money. The goal is to increase the acceptance of blockchain technology through a user-friendly platform.
Cowrium uses a 2-hop network. In the first jump, miners identify blocks and record transactions on the blockchain. The miner will of course be rewarded with the new coin, which will be mined in return. The other hop consists of master nodes hosted on virtual private servers (VPS). These are special servers that enable immediate and private transactions, budgeting and decentralized governance.
Mining: The Cowrium blockchain combines in-browser mining with mobile mining as a support system for CPU and GPU miners. This can really decentralize Cowrium's hash rate, protect it from 51% attacks, and improve profitability for web and mobile miners.
Master node: Master node: The Cowrium POS Masternodes is similar to that of Dash, which makes the network available almost immediately and secures payments and anonymous transactions. With the Cowrium Blockchain, CWR owners can earn fixed rewards by staking out, in return for their help in securing the network.
The Cowrium project consists of the following 5 units:
- A multi-dimensional, intelligent contract
- Kauri - a mass-oriented cryptocurrency
- CowDEX - A highly secure decentralized exchange
- ErrandBoy - A DAP that allows you to send and receive crypto in Fiat
- Cowrie Stability AI - An artificial intelligence system that can predict the market and propose a predictable solution - while the buffer system helps stabilize Cowrie and protect it from market volatility.
SERVICES
Well, the existing cryptosystem does not make it easy for everyone to invest or benefit from high potential blockchain technology, for example for low-cost, cross-border payments, etc. There is also a serious shortage of real-world applications that use cryptocurrencies .
Cowrium aims to change this through a blockchain ecosystem that helps small businesses easily implement blockchain solutions to improve their customers' reach and expand their business with advanced technical resources.
Some of the features that make Cowrium better than most other blockchain platforms include a multi-currency payment system, an intelligent contract library with 2-hop protocol (PoW / PoS), an atom swap, an intelligent pooling system, hyperblock -Technology, private business contracts and recurring contracts & payment planning, PrivateSend, support of several cryptographic algorithms, signing and addressing via Polysig, InstantSend, smart contract interaction between subordinate chains, interoperability between the conventional general ledger and the old legacy system (banking) and the new ledger (blockchain), merchant web solutions, multicoin browser and mobile wallet, custom HTML APIs for small and medium businesses, prepaid debit card for consumers, dealer loyalty program and referral rewards.
VISION
The Cowrium project is not just a blockchain aimed at developing existing economies, but a completely new economic system based on blockchain technology.
We understand that the first requirement for building a strong independent network like Cowrium is to provide liquidity and various ways for users to get and use Cowrie (CWR) coins. To this end, our team of talented and experienced developers is working hard to build a unique economic system that makes it easy for traders and users.
All devices in the system are connected directly to the Cowrium Pay module, for which users must provide their unique identity. This acts as the financial system of the entire economic system and allows you to save, withdraw, make payments, make CWR coins or request the world a Cowrium Pay Debit / credit card for use with ATMs, POS terminals or our card readers. The Cowrium payment module and the financial system are supported by a facility separate from the Cowrium Foundation.
In order to create a successful and independent economic system, the Cowrium network will also implement the governance functions that are contained in several cryptocurrencies, including Dash. This feature provides Masternode holders with certain rights, including the ability to select, fund, or reject suggestions from community members, including but not limited to event sponsors, charities, developer gifts, and more. The crowdfunding function enables the community to collect donations for their media and event development projects and shows without having to rely on third-party development teams.
* Multicurrency Payment System - enables merchants and consumers to make / receive payments in any coin via dedicated mobile and web apps.
Intelligent contract interaction between subordinate chains - The ability enables interoperability of block chains via cowrium and private master nodes.
* Multicurrency ICO Platform - This allows ICOs to accept payments in any cryptocurrency of their choice.
Smart Contract Library - implements the 2-hop protocol - proof of work vs. Proof of stake - compared to conventional PoW (1-Hop) for higher security and easier implementation.
* InstantSend - Near-instant payments, called InstantSend technology, are designed to average 0.5 seconds per transaction, compared to 1.3 seconds in Dash.
* PrivateSend - The technology mixes your funds over the Masternodes network, making it almost impossible to trace the origin of the funds.
Private business contracts that can only be executed by users who are willing to participate in the contract but can be publicly reviewed.
Intelligent Pooling System - Effectively solves the congestion problem of traditional blockchains by prioritizing transactions to avoid delays.
* Hyperblock technology - Offers higher performance and scalability by regularly compressing transactions, reducing blockchain size and ensuring less RAM / disk space requirements.
Support of several cryptographic algorithms, signing and addressing via Polysig - protection against quantum attacks.
* Atomic Swap - an intelligent contract feature that is activated in the cowrium wallet of users and enables the exchange between different cryptocurrencies (coins) without third parties.
Recurring and Scheduled Payments A feature that allows users to schedule recurring or subscription payments through their wallets.
Referral Rewards Program - Allow customers and merchants to earn more by referring others to the platform.
Merchant Loyalty Program - Allow merchants to give users rewards in the form of mined CWR coins through their website / app.
CHARACTER
Start January 1, 2020 (00:01 UCT)
Number of tokens for sale 1,000,000,000 CWRX
End May 30, 2020 (11:59 pm UCT)
Token exchange rate 1 CWR = $ 0.075
Acceptable currencies BTC, ETH, LTC, USD, NGN (12)
Minimum transaction amount Varies by level
DETAILS
Presale: January 01, 2020 - January 31, 2020
Public sales: January 1, 2020 - May 30, 2020
Token delivery: 2,000,000,000 CWR
Total tokens for sale: 1,000,000 CWR
Soft Cap: $ 500,000
Hard Cap: $ 5,000,000
Token distribution:
Allocation:
OUR ROADMAP
TEAM
Emmanuel Haastrup - founder / chief conductor
Praveen Dagdi - Product Manager
Deepanshu Bhatt - Head of Marketing
Shobhit Sharma - Lead: Blockchain development
Priyanka Chouhan - Head: Business Development
Aanuoluwapo Awesome - Lead: community development
Kshama Verma - Lead: backend developers, APIs, NODEs
Pedetin A. Obadimeji - Head: Legal
CONSULTANT
Chloe Khok - Process & Training
Supporter technology
Bado Faisal - Business Development (Africa)
Marina Sokolova - Business Development (Eastern Europe)
INFORMATION
AUTHOR
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