Ferrum Network partnership with SmartKey brings you a dedicated Service Bridge Economy of Tomorrow!
Ferrum Network is proud to announce partnership with Smartkey. A partnership that will bring you a dedicated service offering for a bridge economy that connects the world of decentralized finance (DeFi) and blockchain with the world of physical values.
Importance of this Partnership
Modern economics are based on the sharing of physical goods & assets. With the ability of Blockchain to securely automate deposit and investment processes in the modern economy of the physical world the difficult to tackle part is the the use of a deposit product which is often needed and can be paid in the form of tuxedo mechanisms.
Both Ferrum Network and SmartKey protocols will work on dedicated product solutions that can merge the IoT world with financial services based on blockchain technology.
Vision of tomorrow & What it means for you!
Ferrum Network and The SmartKey implementation will be based on active investment and active deposit model that will be used in the modern sharing economy of the cities of the future. The SmartKey ecosystem will provide transparent mechanisms for gaining access to physical assets while users will be able to use Ferrum Network staking mechanisms in their own business models.
In the future the flexible staking mechanisms, provided by Ferrum Network, will be available for SmartKey platform users as a part of the product range it will offer it’s users.
What each company brings to the table
Smartkey deploys blockchain technology to control access to multiple users (or restrict to just one) and manage payments and acts as an un-cloneable key.
The vision is to manage this across other sharing economy models such as accommodation, bike rental or parking services. Smartkey technology provides a universal standard for device communication, with data handled on the blockchain rather than the cloud. This is a critical component for future smart cities where Smartkey hopes to connect all utilities, public transport, and infrastructure.
Ferrum Network’s technological solutions in the realm of the blockchain systems is truly revolutionizing. Among them are:
· Ferrum Network interoperability protocol which connects blockchains together, enabling the exchange of any digital asset for near-zero network fees
· Link-based swapping technology eliminates the complexity of wallet addresses and enables risk-free value transfers over any chat or social media application. Ferrum’s technology such as non-custodial UniFyre Wallet has already revolutionized the way people send crypto with its “Link Drop” technology, and is transforming the OTC market with risk-free OTC swaps embedded in a shareable link.
· Ferrum’s white-label DeFi staking technology provides passive yields for many of the blockchain projects.
· Other technologies Ferrum brings are peer-to-peer fiat and crypto swap platform that will revolutionize the exchange of fiat and cryptocurrencies through a trustless and secure environment.
With some of the mentioned technological solutions it is easy to see why Ferrum Network is the right partner for SmarKey.
Want to know more:
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If you’d like to find out more about SmartKey, and its best-in-class technology visit:
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Telegram Channel https://t.me/SmartKeyNews
Telegram Chat https://t.me/SmartKeyChat
Contact SmartKey If you want to participate in the development process or have an idea to use the technology. We are happy to provide you with our hardware devices or grant access to API!