Cowrium

A Multidimensional Blockchain & Smart Contract Innovation driven by Cowrie

What is Cowrium?

Cowrium is a Multidimensional Decentralized Blockchain Platform created with the aim of encouraging SMEs to use advanced technology for better growth and to enable people to use cryptocurrency as a payment method for buying products and services.

Cowrie is the original digital currency from Cowrium. This name was adopted from sea mollusks that were used as money in ancient times. In addition to currency similarity, the Cowrie excavation process is also known as mining, which also shows blockchain mining.

The Cowrium Blockchain Project

The Cowrium project consists of the following 5 entities:

• A multidimensional smart contract
• Cowrie – A mass-oriented cryptocurrency
• CowDEX – An highly secured decentralized Exchange
• ErrandBoy – A DAP that allows you to send crypto & receives in Fiat
• Cowrie Stability AI – An artificial intelligence system that can predict the market and help suggest a foreseeable solution – while the buffer system helps stabilize Cowrie and protect it from market volatility.

The Cowrium Platform

Cowrium is a blockchain project being developed to help Small and Medium Enterprise to easily adopt comprehensive blockchain solutions to better reach thousands of customers who conduct business through the SME industry..

The Cowrie coin, which is the official cryptocurrency of the Cowrium platform, represents a digital currency that will effectively replace the physical money. The aim is to increase the adoption of blockchain technology through an easy-to-use platform.

Cowrium uses a 2-Hop network. In the first hop, miners identify blocks and record transactions on to the blockchain. The miner, of course, is rewarded with the new coin mined in return. The other hop consists of Masternodes that are hosted on virtual private servers (VPS). These are special servers that enable instant and private transactions, budgeting as well as decentralized governance.

Mining : The Cowrium blockchain combines in-browser mining with Mobile Mining as a support system for the CPU and GPU miners, allowing for Cowrium’s hash rate to be truly decentralized, protected against 51% attacks and providing better profitability for web and mobile miners.

Masternodes : Masternodes: The Cowrium POS Masternodes is similar to Dash’s, which provides to the network near-instant and secures payments as well as anonymous transactions. The Cowrium Blockchain allows CWR holders to earn fixed rewards through staking, in return for their help to secure the network.

• Multicurrency Payment System – enabling Merchants and Consumers to make/receive payments in any Coin via dedicated mobile and web apps.
• Multicurrency ICO Platform – that gives ICOs the ability to accept payments in any Cryptocurrency of their choice.
• InstantSend – The near-instant payments known as InstantSend technology, is designed to average at 0.5 secs per transaction compare to Dash 1.3 seconds.
• Enterprise Private Contracts which can be executed only by users willing to participate in the contract but can be verified publicly.
• Hyperblock technology – provides higher performance & scalability by regularly compressing transactions, thus reducing blockchain size and ensuring less RAM/ drive space requirements.
• Atomic Swap – a smart contract feature enabled in the Cowrium wallet of users that allows exchange between different cryptocurrencies (coins) without a third-party.
• Referral Rewards Program – Enable customers and merchants to earn more by referring others to join the platform.
• Smart Contract interaction between child chains – capability permits the interoperability of block chains through Cowrium and Private Masternodes.
• Smart Contract Library – that implements the 2-hop – Proof of Work vs. Proof of Stake – protocol as compared to the traditional PoW (1-hop) for higher security and easier implementation.
• PrivateSend – The technology mix your funds through the Masternodes network, making near-impossible to trace back the origin of the funds.
• Intelligent Pooling System – effectively resolves the Mempool overload issue of traditional blockchains by prioritizing transactions to prevent delays.
• Support multiple cryptographic algorithms, signing & address via Polysig – Providing protection against quantum attacks .
• Recurring & Scheduled Payments a feature that enables users to schedule recurring or subscription payments via their wallets.
• Merchants Loyalty Program – Allow Merchants through their website/app to give back to Users, rewards in the form of Mined CWR coins.

SPECIAL INTEREST

COWRIUM INTERCONNECTED APPS

The Cowrium platform will also host a number of interconnected and related apps, as follows:

CowDex

Decentralized Exchange

A dedicated, decentralized, highly-secure Cryptocurrency Exchange platform that utilizes Atomic Swaps for easy trading between multiple ICO tokens.

ErrandBoy

Crypto to Fiat Direct Transfer

A money transfer app through which users can send money in any cryptocurrency, which is then converted to Fiat currency & sent to the recipient anywhere in the world.

Cowrie Stability AI

Artificial Intelligence against Volatility

The Cowrie Stability AI is an Independent but interconnected program that predicts the market, provides possible balance and protects Cowrie from Volatility.

Token

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

Distribution of tokens

Use of proceeds

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)

For More Information Click Link Bellow:

• 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: 

by ; wanda11

link: https://bitcointalk.org/index.php?action=profile;u=2690432