Biometric Finance (BioFi) - Utility Token
Finnovant Inc. creates secure biometric solutions, enabling people to design, develop and
interact with emerging products that have the potential to make a lasting impact around
the world by improving data security and validation for the common person.
Problem: With data breaches and hacks on the rise, consumers in the 21st century have
lost faith in the ability of service providers to protect their identity and are looking for a
solution that can help protect their sensitive information.
Solution: A decentralized finance “Defi” token with real utility providing rewards, which
can be pledged for mining, used to validate identity, and for payments within the BioFi
ecosystem. The BioFi ecosystem addresses the concerns many people have about
safeguarding their personal data and being safe from exploitation by fraudsters. This is
significant for users of personal devices who care about their freedom and personal data.
Our team brings top-tier experience from many industry verticals and emerging
technologies. Major components of the BioFi ecosystem have already launched in the
mobile app stores.
Technical: BioFi is a utility token and a secure set of solutions developed by our team and
our providers that leverages biometrics, the blockchain, and decentralized services. New
providers are welcome to join the ecosystem. Biometrics on mobile devices provide one
level of security, while BioFi goes a level beyond to secure your apps, data, and personal
information. The BioFi token will launch in Q1 - Q2 of 2022 as an ERC20 token.
Revenue: Solution providers can independently create their own solutions by easily
integrating with the BioFi ecosystem through common API interfaces.
Sample solutions may deliver ability to: secure sensitive information with biometric
access, allow access and to pay for ecosystem utility solutions, earn utility rewards by
pledging assets, store utility value and accumulate rewards, finance health utility savings
and coverages and deliver biometrically secure solutions/products for enterprise utility.
Token Distribution

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