The crypto economy is lacking something... Something hugely important...
It has been known that the crypto economy is not the first option when thinking of investing, I mean, for the real massive volume, those who want to clear some profits but are not mad enough to, in the progress, lose it all. We should ask ourselves ''Why is it?''. It is also known the crypto world as something very risky and something not completely trustable, and there are thousands of reasons why it is thought that way, every one of those may be the truth.
Hyper volatile markets due to either badly employed ''decentralization'' or provenance-unknown pump and dump parties, etc... There are plenty of well-reasoned facts that keep distanced the strong investment projects in the blockchain
Therefore, new technologies are coming, such as Firmo Network, this one is here to evolve the blockchain into a secure and effective worldwide investment platform (if not, at least is going to start it). That is why people get to know about all these improvements, once people notice what is going on within the crypto-space, the system is going to start changing by itself because of the pressures towards what is good. By providing a wider picture of what could be done
(A little introduction that could be done would be: safety, effectivity and crypto economy growth...)
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Now, what is Firmo?
''Financial infrastructure for the crypto economy.'' Firmo Website
And... FirmoLang?
''...the domain specific language for executing derivative contracts on Firmo. FirmoLang is a non-Turing complete domain specific language, designed with the explicit intention of diminishing the margin of error in self-executing contracts on decentralized platforms.'' Firmo Technical Paper
Firmo has developed FirmoLang in order to fix all those previous problems in the blockchain regarding smart contracts, FirmoLang is something simple but at the same time something complex... Let's see it metaphorically, a simple matter as life, well, life is life, but life is also a compound of experiences which define us... That's my point, we could be living in it (and it seems normal), but explaining it is another thing.
FirmoLang is particularly made to improve safety and effectivity which will be the booster to everything related to it. Cryptocurrencies within an exchange where FirmoLang is running, those are going to see the value. That is what the crypto economy need, trustable factors to call investment from financial institutions of any size.
''The Firmo Protocol allows users to execute smart derivatives with little or no collateral. Zero coverage can be used in several circumstances: When the smart derivatives are executed on permissioned infrastructure, or when the sufficient trust exists in between the counterparties. This feature will be built by the Firmo Community.'' Firmo Technical Paper
Being improved safety, launching a zero coverage method reflects confidence whether in the system or on the institutions, people, whoever becomes a part of Firmo Network project. It is pretty clear.
Through Firmo Network, the investors are going to be way more attracted to the broad selection of derivatives, so the crypto economy will not be focused only in the buy-sell orders, and the new coming volume could stabilize the volatility within the crypto markets. Adding safety and effectivity, the blockchain investment could replace soon the traditional stocks one.
Technology hasn't stopped since it was first made.
Sources
https://www.firmo.network/resources/FIRMO_TechnicalPaper.pdf
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