We believe that blockchain technology is necessary to disrupt the global funeral industry. We propose a model that removes major constraints to innovate and significantly improve the products and services delivered by organizations within the funeral industry on a global scale. It’s our mission to bring all organizations that operate in the funeral industry together with the main aim to increase transparency, reduce costs, and to improve the products and services of these organizations.
We at the Global Funeral Care Foundation want to achieve this mission by creating a globally sourced decentralized support platform without entry barriers. The Global Funeral Care platform is a globally sourced decentralized support platform without entry barriers. The platform will be capable to collect and share structured data that includes transparency of costs, honest opinions of community members, and personal recommendations to increase consumer satisfaction and to improve the quality of services.
GFC uses a Proof of Stake consensus algorithm and Masternodes to guarantee secure transactions. Each transaction will be confirmed by multiple users who hold and stake GFC in their GFC wallets. Seconds matter with money transactions. Therefore, the GFC blockchain is designed to run via nodes across multiple countries. This ensures a stable network without any downtime or delays. The GFC network ensures fast transactions and has an option to do instant transactions by using SwiftTX technology. Transactions can be made without having to wait for confirmations because the validity is guaranteed by Masternodes.