I am super excited about this FIRMO project; It breathes some ease to financial contracts on the blockchain.

Simply put, FIRMO seek to introduce into the blockchain HANDSHAKE NOW, AND TRANSACTION LATER forms of business relationships which already exists outside the blockchain. Firmo seek to do this, first by recognizing that the various currencies and transactions on the blockchain are laden with volatility (i.e. propensity to change rapidly and unpredictably, especially for the worse), and building infrastructures (which do exist outside the blockchain) for this crypto-economy in order to help tackle this crypto-economic problem ( volatility). You need to give them credit also for bearing in mind, the security reasons which before now, has bedeviled the non-existence of these tools (infrastructures) thereby necessitating the upcoming of the FIRMOLANG a smart programming language .

This is just the brief of what FIRMO is up to. Want to enjoy the full details? Get along with me below!

SOURCE

For proper understanding of the subject matter, I would like to intimate you with the various headings that I would be treating in this post.

First I would like to further explain to you what FIRMO is all about.

How it will change the financial systems, and especially in the crypto-space

What Security Features has https://www.firmo.network Added and how this added security feature help cryptocurrency

Zero Coverage: What this mean, how it works and how it gives FIRMO an advantage over current systems

What are tokenized Assets, what are derivatives and how an introduction of derivatives to tokenized assets help investors.

Who the brains behind FIRMO are and how we can all be part of it

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FIRMO

Simply put, FIRMO is the first Financial infrastructure for the crypto economy.

How it will change the financial systems, and especially in the crypto-space

Outside of the blockchain, transactions and life' activities are simply slow, expensive and unenthusiastic. This is also true of financial transactions outside the blockchain. We all know how slow, costly and unenthusiastic financial transactions are in our various economies. With the coming on board of FIRMO, financial transactions/activities which include fiainancial contracts, clearing will all be done fast, cheaper and efficiently. Third parties will be totally eliminated and activities can take place withing few seconds.

On the cryptocurrency space, FIRMO has broken the generally believed impossibility of such infrastructures for the blockchain. FIRMO has created an avenue wherein other projects can take a lift from, FIRMO has proven beyond all reasonable doubts that it is possible to replicate these financial activities/infrastructures as they occur outside the blockchain, into the blockchain and making it even faster/better.

Zero Coverage: What this mean, how it works and how it gives FIRMO an advantage over current systems

ZERO COVERAGE

By Zero coverage, FIRMO is designed to allow users to have little or no collateral as a necessity before a contract is executed or before a financial transaction is executed.

The ZERO COVERGAE works with the aid of the FIRMOLANG a programming language embodying trust and high security. The FIRMOLANG will actualize the ZERO COVERAGE when the FIRMOLANG will be employed to build infrastructures on the blockchain

Tokenized Assets, derivatives and how an introduction of derivatives to tokenized assets help investors.

TOKENIZED ASSETS

Note that my full knowledge of TOKENIZED ASSETS is gotten from ---->>> How Tokenizing Assets Works. For proper therefore, TOKENIZED ASSET simply mean a digital asset which eliminates much of the friction involved in storing, holding, transferring and valuing fiat assets such as gold, and appending a digital representation of it to a flawless ledger)

WHAT ARE DERIVATIVES?

According to THE ECONOMIC TIMES,derivative is a contract between two distinct individual, which derives its price or value from an underlying asset (Either a currency, bond e.t.c.)

HOW AN INTRODUCTION OF DERIVATIVES TO TOKENIZED ASSETS HELP INVESTORS

So far, I have been able to establish the fact that a derivative derives its pprice from an underlying asset, and also that a tokenize asset eliminates much of the frictions experienced with the use of fiat assets.

In this section, much effort will be dissipated to merge the two terms together (DERIVATIVES AND TOKENIZED ASSETS) with the sole aim of establishing the advantage(s) investors stand to get from the introduction of derivatives to toikenized assets.

With the introduction of derivatives, more investors will be linked together, more contracts will be executed because of the elimination of

The volatility of these tokenized assets

and the elimination of fear of possible breach in security

As more investors are linked together and more contracts executed, investors will be able to minimize costs and maximize profits

With the problems of security and volatility solved by FIRMO it will be very much possible for investors to commit resources and time to other projects and also achieve results

Who are the brains behind FIRMO are and how we can all be part of it

Aside seeing the pictures of those behind FIRMO, you should also visit their individual LinkedIn pages to see how successful they are in their lines of work.

ACADEMIC ADVISORS

ADVISORS

More Information & Resources:

Firmo Website
Firmo Technican Paper
FIRMO Telegram
FIRMO Reddit
FIRMO twitter
FIRMO facebook

EVERY EFFORT YOU HAVE SPENT READING THESE, I REALLY APPRECIATE

BE YOURSELF AND NEVER ALLOW ANYONE TALK YOU INTO BELIEVING THAT YOU ARE A FAILURE

ALL IMAGES USED IN THIS PSOTS WERE SOURCED FROM (HERE)[https://www.firmo.network/]