Biometric Financial Price (BioFi)

Biometric Financial (BioFi) Price Now

Biometric Financial price today is $0.001114 with a 24-hour trading volume of $24,695. BIOFI price is down -10.31% in the last 24 hours. It has a circulating supply of 1.95Bil BioFi tokens and a max supply of 10Bil.
In order to search for real-time and historical information about Biometric Financial (BioFi) blockchain, including data related to blocks, transactions, addresses, and more, you may use Biometric Financial (BioFi) block explorers. Here are some of the most popular and useful Biometric Financial (BioFi) blockchain explorers out there:

• snowtrace.io

What Is Biometric Financial(BIOFI)?

Biometric Finance ($BioFi) is a utility token that serves as the glue holding together a secure set of solutions developed by Finnovant, Inc., and Finnovant key partners. The BioFi ecosystem leverages biometric security to provide decentralized finance (DeFi) products and services riding on the blockchain. Finnovant’s core biometric solutions rely on our Say-Tec voice and facial authentication product line, now being used in the ecosystem globally.

What is the Utility of BIOFI Crypto?

Users and Providers that hold $BioFi will have access to unique utility rewards. By utilizing $BioFi, holders can earn utility rewards that can be accumulated or applied to access Provider and ecosystem products and services. As an example, $BioFi rewards will not only help offset the cost of insurance premiums (to BioFi insurance Providers), but as rewards grow, they could completely offset the cost while paying additional utility rewards to the Users. Pricing for most Provider products and services will be in US Dollars, and converted to $BioFi at the time of purchase. This stabilizes prices across the ecosystem for User clarity.

Through an active liquidity pool strategy, $BioFi holders are expected to be able to utilize $BioFi to fund other activities or projects. The basic proposition of BioFi is to deliver value through a simple-to-use portal that supports many utility services including Say-Tec API and documentation for Web 3.0 and multiple DeFi services. The common User of BioFi will experience the value of the token as reward contributors for their interactions.

BioFi can also create endpoint utility value for a user through a Premium Financial Suite which represents a node on the Constellation Network's Hypergraph system, either through a software app or from Phēnix X1 mobile devices. Users of the node will have the ability to hold or lock up utility value and receive additional value returned over a redistribution period with increased utility rewards while also having access to the service and network and tiered reward structure available through promotions.

Why Biometric Financial?

The Biometric Financial (BioFi) project includes the launch of the $BioFi utility token and the BioFi ecosystem on Constellation Network’s Hypergraph blockchain. The BioFi ecosystem was conceived to address rapidly changing technology and its associated security risks impacting personal, private, and corporate information in both decentralized and centralized environments while simultaneously providing users with control over their personal data. BioFi use cases are many and include, but are not limited to, the following: 

• On-device biometric authentication that is not stored in the cloud
• Web 3.0 decentralized authentication service for DAOs, crypto, AI, and blockchain services
• Standard web authentication service for centralized log-in, password reset, and secure account management
• Securing access to IoT devices and autonomous vehicles with biometrics
• Providing a way to securely store passwords and blockchain/ crypto mnemonics, and seed phrases
• Modernizing insurance industry paper contracts and health records using biometric authentication services
• Verifying a person or vote where one person can be identified as being the person they claim to be. This is useful in competitive gaming, elections/voting, and other verticals

Biometric Financial (BioFi) Community

• FaceBook: https://www.facebook.com/Finnovant/
• Twitter: https://twitter.com/Finnovant
• Discord: https://discord.gg/jZe7ya4CSy
• Telegram: https://t.me/bioficommunity

What is Biometric Financial (BioFi) Contracts address?

• Avalanche C-Chain: 0x9366d30FeBA284E62900f6295BC28c9906f33172