May 1 2020
Have you heard about blockchain, cryptocurrency, or digital investment? If you are here, highly possible you are interested and know (even a little) about this term. However, it is a truth that not many people are interested in and know about this. Embracing those problems, Cowrium decides to use all kind of ways to make a blockchain platform which is friendly for SMEs business owner. How they do that? Check this review of this cryptocurrency project.
The Shifting Technologies, Market And Currency
The actual purpose of the Cowrium project is to give an easy one of a kind cryptocurrency platform that user friendly for all kinds of users. In this case including those who never step their leg in the crypto train. However, before we go further about the project, let’s get a basic run about cryptocurrency. Have you heard about PayPal or Bitcoin? Those are two of cryptocurrency or virtual or electric money, which is also known as blockchain technology.
While many people don’t care about this, but the market analysis says otherwise. There is a high interest in global e-commerce and online shopping, multiple payment options, and digital payments. That means the traditional payment system may change soon. In this case, the cryptocurrency market is regarded as a revolutionary way that provides a solution for payment and other aspects of business life that required digitalization.
Cowrium The Cryptocurrency Blockchain Platform
Looking at how important and the rising of the cryptocurrency, Cowrium is made to help people to join the train. The Cowrium project itself is a multidimensional decentralized blockchain platform to help SMEs to use technologies to cope with the growth of cryptocurrency use and need. At the same time, this particular idea and method can help the business to broaden the market reach, consumer, customer, and the branching itself.
The project has some advanced technologies and systems to ensure the project is easy, safe, fast, profitable and worth to invest. From the 2 Hops consensus model, smart contract library, loyalty and referral reward, atomic swap, two ways mining, master nodes, etc. While having all of these features, the number one innovative move by Cowrium is the use of a new mass-oriented cryptocurrency in the platform called as Cowrie.
Cowrie As A Way To Help People Know The Crypto World
Targeting the SMEs, it is highly known that a blockchain project needs something new to attract them. In this case, Cowrium makes a new cryptocurrency called Cowrie. What is this Cowrie? You can say that this is a new currency or digital money that will be used within the platform ecosystem. Within the ecosystem, it means all of the party inside the project including the merchant, consumer, SMEs owner, investor, etc. everyone who join Cowrium.
The thing that stood out from this project is the idea of enabling individuals or businesses to easily access and use digital money. You can use it with a smartphone or computer and access your Cowrie coin with a dedicated wallet app. At the same time, it has a maximum coin volume that reaches 100 billion (way more than bitcoin). It is also can be used for transactions from different apps, can be used for mining through browser or mobile, and used for staking.
Possible Application Of The Blockchain Project In Industries
For all the non-tech-savvy, they may feel intimidated with all the process. However, Cowrium has implemented a lot of features to help, give and make a more user-friendly platform. Especially for the first time user and the SME industry owner. If you are a business enthusiast and want to broaden your enterprises, consider checking this project. Think about this, there is quite a lot of possible application of this blockchain cryptocurrency project.
The peer to peer, transparent, secure and low-cost transaction is the main interest in here. You can adapt those aspects to your online marketplace, sports betting or even gambling industries. At the same time, the telecommunication industry, health, and network marketing can benefit from the blockchain system. All the transactions will be faster, safer, and more transparent. With all of this aspect, you can expect a lower chance of corruption and fraud.
The Roadmap Of The Project From The Beginning
The idea of this blockchain platform was formed in 2018. The concept development of Crownie Coin was born at that point. In the same year, team building was started, the private investment planted, legal issues settled, the website launched, and the Pre-ICO is opened. Reaching the year of 2019, the fundraising, ICO, public announcements at events, project development, and testing period are progressively started as planned.
In the year 2020, the Pre-ICO Prototype released in the first quarter of the year. After that, there is a new website and wallet launch along with the IEO or major exchange listing. In the third quarter, there will be a POs launch and payment gateway plugins. Continues with the CowDEx, mobile mining, ErrandBoy (Beta) launch at the end of the year. In 2021, there will be more elaborate summits, launch, financial institutions, promotion, etc.
The On-Going Phases And Bounty Program
Reaching the year of 2020, the project has started its crowdfunding sale of Cowrie Coins. This token sale will be held in 5 phases starting from Jan 1 to May 40. With the price open at 0.035 USD and closed at 0.0450USD. The moment this article was written, the phase has reached phase IV with up to 30% bonus. At the same time, the Cowrium Bounty Program has started on April 9, 2020. In this event, the joining participants have a chance to win up to 10 million Cowrie tokens.
Those are some of the information regarding the potential for all user Cowrium blockchain platform. The project has been started form the early 2018 and keeps on developing till the now and later. With the promising potential and advance technologies, this project is worth to try. With the easy and user-friendly blockchain platform interface, you can try to expand your business using this project even though you are not a tech-savvy.
Ann Thread: https://www.cowrium.net/
White Paper: https://www.cowrium.net/cowrium-whitepaper.pdf