R FinTECH launches bilur the first cryptocurrency backed up by stored energy

Today, bilur,  has been presented at Geneve, as the first cryptocurrency with real value.

Based on a consensus peer-to-peer network that enables a new money system and completely decentralized, bilur will, by definition, be backed by units of stored energy.

1 bilur = 1 Ton Oil Equivalent (TOE) = 11.6 MWh of energy

1 TOE Brent crude = 6.481 barrels x Dated Brent price*

*This value is variable and calculated daily with Standard & Poor's Platts Dated Brent assessment. As an example, with the average Brent Barrel price Feb 2017, 1 BILUR = $356.45

More info www.bilurmarket.com

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