Ferrum Network is a high-speed interoperability network built for real-world financial applications.
Ferrum Network is a high-speed interoperability network built for real-world financial applications. It is comprised of two interconnected elements: a DAG-based interoperability network that can connect to nearly any blockchain enabling peer-to-peer transactions of any digital asset in milliseconds, and the vertically integrated financial applications running on the network that allow users to buy, sell, transact, exchange and store any digital asset without taking custody of those assets. The network is powered by the native Ferrum Network utility token, or FRM. Each transaction requires a nominal of FRM be spent and burned to attach proof to the transaction and as an anti-spamming measure.