|
Title: [ANN] Firmo: Financial Infrastructure for the crypto economy Post by: Flodner on May 23, 2018, 03:25:02 PM Financial infrastructure for the crypto economy Website (https://www.firmo.network/) // Technical paper (https://www.firmo.network/resources/FIRMO_TechnicalPaper.pdf) // Community (https://t.me/firmonetwork) Handshake today, transact later. Firmo is building the future of financial infrastructure. 1/7 of the world's economy is derivatives, but these financial contracts are not securely available in the crypto economy yet. FirmoLang enables businesses, like exchanges, to securely and intuitively offer smart derivatives on any major blockchain. Firmo already compiles to Ethereum and is now researching implementations on other major blockchains like Neo, Cardano and Qtum. This is just the first step in overhauling today’s financial infrastructure. What is FirmoLang? FirmoLang is our formally verified, domain-specific language which can compile to any blockchain. FirmoLang offers the same level of security used to make sure planes, trains, and satellites operate securely. Secure Although it's theoretically possible to write a derivative on the blockchain, there are serious security vulnerabilities holding the industry back. 45% of smart contracts written on Ethereum could be hacked. Examples include the DAO and Parity Wallet. Large financial institutions won't chose the blockchain over existing infrastructure if half of the transactions made could be at risk. Intuitive More than that, FirmoLang is intuitive for any developer to use. It takes just 12 lines of code to execute a smart contract compared to Ethereum's Solidity, which can take 90 or more. Blockchain agnostic Firmo's vision is to work on any major blockchain. Our compiler already works with Ethereum and we are exploring partnerships with other major blockchains. As seen on https://coinmagnet.io/interviews/project-interview-firmo-dr-omri-ross https://venturebeat.com/2018/04/18/firmo-launches-its-protocol-for-secure-blockchain-agnostic-financial-contracts/ https://www.investing.com/analysis/bitcoin-too-volatile-for-you-crypto-etfs-index-funds-could-be-the-solution-200301326 https://moneytimes.com.br/sec-aumenta-repressao-sobre-icos-entenda-os-pontos-mais-importantes/ https://uk.finance.yahoo.com/news/crypto-investors-learn-billionaire-george-015517337.html?guccounter=1 https://www.coindesk.com/crypto-investors-can-learn-billionaire-george-soros/ https://www.nextbigfuture.com/2018/05/firmo-protocol-for-financial-derivatives-on-the-blockchain.html https://www.cointelligence.com/content/how-to-check-a-whitepaper/ Website (https://www.firmo.network/) // Technical paper (https://www.firmo.network/resources/FIRMO_TechnicalPaper.pdf) // Community (https://t.me/firmonetwork) TWITTER: https://twitter.com/firmonetwork FACEBOOK: https://www.facebook.com/firmonetwork GITHUB: https://github.com/Firmo-Network/firmo-bus YOUTUBE: https://www.youtube.com/channel/UC3UOugY40ZwT-MtrqJUKXpg REDDIT: https://www.reddit.com/r/firmonetwork MEDIUM: https://medium.com/firmonetwork TELEGRAM: https://t.me/firmonetwork Title: Re: [ANN] Firmo: Financial Infrastructure for the crypto economy Post by: Abeleez on May 23, 2018, 03:29:01 PM Hi OP,
This is the bounty section. Think you're looking for the Announcement section and not bounty to announce this platform Title: Re: [ANN] Firmo: Financial Infrastructure for the crypto economy Post by: shasan on May 23, 2018, 03:30:52 PM I think this should be posted on: https://bitcointalk.org/index.php?board=159.0
Title: Re: [ANN] Firmo: Financial Infrastructure for the crypto economy Post by: Flodner on May 23, 2018, 04:16:21 PM Thank you guys for pointing this!
I'm reading Bitcointalk and today read both ANN and Bounty section and used accidentally wrong tab in my browser. I posted it in ANN section https://bitcointalk.org/index.php?topic=4180858 And unfortunately I can't delete this post.. I hope that's not a big problem ) Title: Re: [ANN] Firmo: Financial Infrastructure for the crypto economy Post by: shasan on May 23, 2018, 04:55:19 PM Thank you guys for pointing this! Okay, thanks. In this case you can edit this post and write delete on both headline as well as description. Thanks once again.I'm reading Bitcointalk and today read both ANN and Bounty section and used accidentally wrong tab in my browser. I posted it in ANN section https://bitcointalk.org/index.php?topic=4180858 And unfortunately I can't delete this post.. I hope that's not a big problem ) Title: Re: [ANN] Firmo: Financial Infrastructure for the crypto economy Post by: Inskchen on May 23, 2018, 05:18:02 PM Any bounty?
Title: Re: [ANN] Firmo: Financial Infrastructure for the crypto economy Post by: nmthu2209 on July 27, 2018, 08:08:51 AM In the future, Firmo could be extended to also work for prediction markets and peer-to-peer lending. There are a lot of possibilities of how the infrastructure they provide could be applied in the crypto economy.
|
