Firmo, a company based in Copenhagen, Denmark, specializing in bringing financial contracts to the blockchain has created a crypto-currency infrastructure with the launch of its contract engine today. Providing exchanges with a significant degree of safety and security, the Firmo platform enables the creation of smart derivatives and financial instruments, something that hardly exists on most blockchains.
In essence, the idea is a simple one. Firmo acts as a protocol layer and offers all the major blockchain platforms, exchanges, and liquidity networks, such as Bancor, the ability to construct automated financial contracts that are enforceable.
Read more about Firmo below: