Efiat.io Website Review

THE EFIAT BLOCKCHAIN eFiat is an enterprise-focused consortium blockchain and smart contracts platform processing private transactions within a permissioned, members-only network of known participants that is customizable to various business requirements. eFiat is built upon the Ethereum blockchain that supports private transactions and smart contracts that derive from a single common blockchain validated by every nodes within the specific network. eFiat is decentralized, secured, transparent, and immutable but also capable of restricting the rights to view, modify, append and approve Important Disclaimer: The following contracts are for demonstration purpose only. No real money or any cryptocurrencies will be involved. HOW EFIAT BLOCKCHAIN WORKS? eFiat blockchain architecture is built upon the core Ethereum blockchain modified with our own algorithm. Its smart contract indexes are hashed and published to private POA Ethereum while the smart contract codes are encrypted and stored off-chain into IPFS to ensure it achieves both maximum level of decentralization and high transaction throughput. Its codes are written in smart contract language Python which is superior to Web3.js in scalability, AI integrations, and Machine Learning capabilities. A PRIVATE BLOCKCHAIN SOLUTION FOR FINANCIAL INSTITUTIONS eFiat Blockchain offers a solution to improve transactions and financial contract executions among financial institutions through the use of blockchain and enhanced smart contracts. eFiat Blockchain allows participating financial institutions to archive customer information and transactions securely over a distributed data infrastructure, without compromising customer privacy or sensitive business information. Our enhanced smart contract framework based on Python allows for automatic payments and enforcement of obligations as well as commitments based on specified events, such as certification of death for insurance claims, settlement of a forward contract on expiry based