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All You Need To Know About Cowrium Platform | Technology Overview

Category: ICO

Cowrium is a Multidimensional Decentralized Blockchain Platform that has been created with the primary aim to assist small & medium enterprises to grow in this technology-dominated era with the use of advanced blockchain solutions.

Besides allowing SMEs to integrate blockchain solutions into their systems to boost the efficiency and growth, the Cowrium platform will also allow individuals and businesses to make cross-border payments and buy products/services in a peer-to-peer fashion using blockchain-powered cryptocurrency.

The real power of the Cowrium platform lies in its stack of technologies that enable the development and integration of a range of innovative and futuristic solutions on the platform.

Here’s a brief about the Cowrium platform and technology.

Blockchain with 2Hops POW/POS consensus

The Cowrium platform is based on a native public enterprise-level blockchain that uses a 2Hops POW/POS consensus model. The Cowrium blockchain also integrates a Smart Contract Library containing similar earlier built Contracts to assist the development.

The Cowrium blockchain technology allows atomic swap borderless transactions, which means anyone can use the Cowrie cryptocurrency to make global, peer to peer transactions. It also allows trading against other popular cryptocurrencies like BTC, ETH, etc.

The Cowrium blockchain is custom-built with the integration of multiple existing blockchains and is designed to support multicurrency architecture. That means the users of the Cowrium app will be able to accept/make payments in a range of supported currencies.
Hyperblock technology

The hyperblock technology being used by the Cowrium blockchain will regularly compress transactions, thus reducing their size and making the blockchain faster and light in weight. It not just saves the RAM/memory space but also boosts the overall performance and scalability.
Atomic Swap

It is an advanced technology feature that allows users to perform swap/exchange between different cryptocurrencies in real-time without needing a third party. The feature has been integrated into the user’s Cowrium wallet.
Intelligent Pooling System

The Intelligent Pooling System of Cowrium can prioritize transactions, thus avoiding the Mempool overload issue and preventing delays in transaction processing.

The technology allows the use of multiple cryptographic algorithms and identity verification means such as signing & address in order to protect the network and user data from quantum attacks such as RSA, SHA224, BLAKE2b, and ECDSA (SECP256k1).

InstantSend / PrivateSend

Cowrium’s new instant payment technology will use blockchain to process digital transactions in less than 5 seconds. The PrivateSend technology is integrated to provide security for transactions and user funds by prohibiting the detection of the origin source through the use of Masternodes network.

The pre-ICO sale of Cowrium is live now. To participate or know more, visit the website

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