Kuverit plans to tokenize fraud and risk mitigation globally through its cryptocurrency asset "KUV". Kuverit is using the ERC20 Token on the Ethereum blockchain as their basic Token, through "Kuverit" (pronounced "cover it"), the world's first P2P secured transaction market. KUV token holders will be charged a fee for placing tokens on collateral requests, and KUV token holders will also be able to monetize their tokens by providing collateral with a value of over $5,000 to the collateral pool. Kuverit announced that voters and auditors will be rewarded in KUV tokens for their participation in the market. KUV Token will allow Kuverit platform users to claim for economic losses and receive KUV Token compensation. KUV Token holders can create a Kuver (cover) pool - retain a certain percentage of KUV Token every month to contribute to their personally created Kuver pool. KUV Token will be the only transaction method on the KUV platform.