Ethereum FIre Insurance (ETHFI)

ETHEREUM FIRE INSURANCE is a Digital Insurance cryptocurrency that is 60% gold-backed,40% utility & completely decentralized based on Ethereum Blockchain

Whitepaper

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Interest lvl

Low

Updated: May 04, 2020

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User Rating

Highest

5/5 • 2 votes

Ticker

ETHFI

Type

Cryptocurrency

FoundedIndia

Registration countryIndia

Registration year2019

What is Ethereum FIre Insurance

The world economy is littered with miscellaneous crypto currencies that fail to deliver on their promises and fiat currencies that are ontrolled by governments for the benefit of themselves. In response to this growing problem, ETHEREUM FIRE INSURANCE , has developed ETHEREUM FIRE INSURANCE(ETHFI coin), a crypto currency that is initially released 60 percent gold-backed coin, is completely decentralized, and is free from manipulation by any single entity. The initial released 60% gold backed coin means that the quantity of gold backing the coin at the time of initial release is not affected by the price volatility of ETHFI coin or Gold in the future.

ETHFI coins are unique because they have been created specifically for global usage with a virtual wallet that eliminates the need to carry physical cash. The advantages of ETHFI ,Etherum block chain based software contracts (smart contracts) enable ETHFI coins to be decentralized, secure, and transparent for all users.

ETHFI will initially employ standard digital coins that are exchangeable for specified crypto currencies and fiat currencies. ETHFI holders will have the ability to buy and sell their coins following the official listing on the public crypto currency exchange. All users of ETHFI coins are entitled to use their coins to make payments or remittances, to sell their coins on the crypto currency exchange.