IRR TOMAN Price

What is IRR (TOMAN)?

IRR (TOMAN) is a cryptocurrency designed to facilitate international transactions with ease and efficiency. It is built on blockchain technology, which ensures transparency, security, and decentralization. The primary goal of IRR is to provide a stable digital asset that can be used for various financial transactions, especially in regions where traditional banking systems are less reliable. As of 2024, IRR has gained traction in the digital currency market, positioning itself as a viable alternative to fiat currencies.

Who are the Founders of IRR?

The founders of IRR include a diverse group of entrepreneurs and blockchain experts. Key figures behind the project are Ahmad Khosravi, a blockchain developer with extensive experience in fintech, and Sara Javadi, a marketing strategist known for her work in promoting digital currencies. Together, they aim to leverage their expertise to enhance the functionalities of IRR and expand its user base.

How does IRR Work?

IRR operates on a proof-of-stake (PoS) consensus mechanism, which allows users to validate transactions and earn rewards by holding TOMAN tokens in their wallets. This system encourages user participation and secures the network. Transactions are recorded on a public ledger, ensuring transparency and immutability. Additionally, IRR incorporates smart contracts to automate processes and reduce the need for intermediaries, thereby decreasing transaction costs and improving efficiency.

Transaction Process

Users can acquire TOMAN through exchanges or by participating in staking. Once they hold TOMAN, they can send or receive funds globally with minimal fees, typically around 0.5% per transaction. The average transaction confirmation time for IRR is approximately 10 seconds, making it notably faster than many traditional banking systems.

Top Use Cases of IRR

• Remittances: IRR provides a cost-effective solution for sending money across borders, allowing individuals to save on fees compared to traditional remittance services.
• E-commerce: Online merchants can accept IRR as a payment method, enabling them to tap into the growing market of cryptocurrency users.
• Decentralized Finance (DeFi): IRR can be utilized in various DeFi applications, including lending, borrowing, and yield farming, offering users additional financial opportunities.
• Investment: Investors can hold TOMAN as a long-term asset, taking advantage of potential appreciation in value as adoption increases.

How to Keep your IRR Safe?

To ensure the safety of your IRR holdings, consider the following best practices:

• Use Hardware Wallets: Store your TOMAN in a hardware wallet for enhanced security against hacking attempts and malware.
• Enable Two-Factor Authentication (2FA): Always activate 2FA on exchanges and wallets to add an extra layer of security.
• Keep Software Updated: Regularly update your wallet software and any related applications to protect against vulnerabilities.
• Be Wary of Phishing: Avoid clicking on suspicious links or providing personal information to untrusted sources.