Cremit coin is presented herein as an insurance and banking solution provider using blockkchain technology. Cremit will provide crypto currency hedging, a zero-fee exchange, smart wallet, fixed deposit certificates and Multi crypto payment gateway for overcoming privacy and middleman issues. Cremit will be an ERC20 token and the smart contracts developed for insurance and banking solutions will be developed using ethereum platform and solidity. There will be 210Million CRMT tokens out of which Presale: 10%, ICO: 40%, Cremit Team: 10%, Future Sale: 30%, Rewards & Bonuses: 10%. In conclusion, this white paper discusses Cremit, its technological advantages, the commercial applicability, and potential for future development as well as its community-driven focus.