Details

Last Funding Type

Seed

Industries

Blockchain,Cryptocurrency,EdTech,Information Technology

Founded date

Jan 1, 2018

Number Of Employee

11 - 50

Operating Status

Active

Legal Name

Forward Protocol Corp

Also Known As

Forward,Forward Chain

Forward Protocol uses an easy-to-use WordPress-like model to facilitate a no-code environment that users can use to deploy their dApps, subnets, and blockchains without technical knowledge. Forward Protocol provides blockchain toolkits that connect the value-driven economy.

5 core smart contracts will be available in Forward Protocol:

➤ Proof of Value-Delivered (PoVD)
➤ Proof of Value (PoV)
➤ Distributed Reward and Revenue Sharing (DRRS)
➤ Proof of Ownership (PoO)
➤ Initial Value Offering (IVO)


The adoption of blockchain into companies' architecture has the potential to dramatically reshape the capital markets industry, with a significant impact on the way businesses model themselves, manage risks, save cost and capital. However, the revolution will not happen overnight due to the high barrier to entry into this sector.

Forward Protocol solves these challenges by:

➤ Lowering the barrier to entry across verticals through a B2B approach that connects ideas, companies, and markets with open source, fully customizable, no-code blockchain smart contract tools within Forward Factory to make blockchain adoption seamless.

The instant deployment model - Forward Factory:
➤ Makes blockchain adoption an unambiguous and straightforward process for organizations.
➤ Decide. Deploy. Test. Evaluate. No hidden cost involved.
➤ Has a no-code, drag and drop interface.
➤ Any platform can install its open-source application integrated with the smart contracts of choice (fully customizable), pre-integrated with Forward Protocol and $FORWARD.
➤ Platforms that deploy contracts through Forward Factory can set the fees (revenue model) for users on their platform, turn features on/off, modify terms/policies, and easily integrate these modifications with their business model.

The process is designed to help platforms deploy and become blockchain-ready with a much shorter lead time than it would take to develop a platform themselves.


Detailed information about the project, its architecture, and ecosystem can be found at Whitepaper.ForwardProtocol.io