Firo

Firo is a cryptocurrency that makes use of encryption to provide more anonymity and assurance for its users than other cryptocurrencies like Bitcoin. It was formerly known as Zcoin and was founded in the year 2014 by Poramin Insom. When the company was founded, it was declared the first cryptocurrency to use the zero coin protocol. In 2020, Zcoin was renamed Firo, which refers to a unique method of burning (destroying) and redeeming coins. It advocates privacy as a fundamental human right and enables users to regain control over their money. Keeping one step ahead is all about privacy, and the Firo team is responsible for some of the most important blockchain privacy protocols on record, and all of that technology is distilled into it. The company stands out as one of a handful of projects that contribute independent research to blockchain privacy and decentralization technologies such as Sigma, Lelantus, Lelantus Spark, and MTP. Their work has played a pivotal role in the space, having influenced or been adopted in other projects. Firo has partnered with leading business models in the industry such as StakeHound, Cookly, Travala.com, and GetBlock.