Transactions, contracts and their records are the backbone of economic, legal, political and social systems. Records protect and secure the assets of organizations, verify identities and transactions, and direct interactions between countries, organizations and individuals.

However, these tools and the bureaucracy created to manage them are unfortunately not sufficiently secure and efficient, because they have had the means to adapt to the digital economic transformation they have not taken advantage of.

In the digital world, the way to regulate and secure administrative controls must change soon, the blockchain promises to become the solution to these problems, with the blockchain we can imagine an environment in which contracts are entered into a digital code and stored in a transparent database, secure and shared, protected against alteration.

Smart contracts

Fuente

More and more often we hear the term: Intelligent Contracts, these are just contracts that have the ability to be executed automatically after both parties have agreed to the terms.

Let's take an example:

Let's say that Juan wants to buy the house that his neighbor Laura is selling on credit, paying a few monthly installments, then Juan and Laura use a platform of smart contracts to schedule the contract according to their terms, Juan will pay Laura a certain amount at the end of the month and otherwise if it is not fulfilled, the lock of the house will be automatically blocked, instead, if everything goes out as agreed after the last payment, the deeds of the house will automatically pass to Juan, all this without the need for intermediaries.

What is Firmo?

Firmo is a 100% secure language to carry out intelligent contracts, currently is carrying out conversations with Otum, Neo and Cardano in addition to working with Ethereum, this is only the first big step for the financial infrastructure revolution, FirmoLang can be coded for any blockchain and that is a very critical point because while you read this new coded blockchain for intelligent contracts are being created.

Firmo will be an indispensable tool for a company to be effective and efficient which will achieve its balance, it can also be used by anyone with a little technical knowledge, has templates for drafting contracts which is a great advantage.

Firmo allows organizations to securely offer intelligent and reliable derivatives of any blockchain.

How is Firmo Secure?

How to Write Smart Contracts?

Details of the token
ICO date = 14.09.18 - 19.09.18
Ticker symbol = FRM
Type = ERC20
ICO price = 1 FRM @ 0.158 USD
Currency accepted = ETH

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