The crypto economy is driving an explosion in financial innovation. Nonetheless, the technology is faced with a variety of challenges, preventing widespread adoption and integration into legacy infrastructure.
On the institutional side, security is a chief concern holding traditional players back from implementing public infrastructure. From the industry perspective, the lack of interoperability has created siloed blockchain ecosystems, which compete for talent, funds and publicity.
At Firmo, we envision a future where assets are traded seamlessly between blockchains both public and private. To make this possible, we are implementing our formally verified, domain-specific contract language FirmoLang on a sidechain. With the Firmo chain, anyone will be able to securely execute financial instruments with tokens on any blockchain.
FirmoLang and the FirmoLang compiler already compile to EVM and we have established several design partnerships with blockchains, like Qtum, and decentralized exchanges, bringing the Firmo Protocol to the market.