Hello great people of blockchain, here I am again after a long time but I have big news. Today I am gonna tell you the something very big, very very promising and very powerful, which is called The Black Insurance!!!
Insurance! It is expected that all economic events, including money words, are guaranteed to the customers. Because people want things to go well, not to hurt themselves if something goes wrong. The word that provides this for years or even hundreds of years is "guarantee". Today, many insurance companies ensure that even if a lot of things go wrong, the customer does not have a problem. For this, the customer pays a certain amount of money. Whether or not there is a problem, the money will be paid to the companies on a regular basis, which will guarantee the future. However, all the companies you know so far are working with the fiat money and are not technologically innovative. This system is now on its way to join the blockblock. The Black Insurance is a blackchain - based platform and it looks like that will give us very nice things. How Does? Come on, let me tell you the whole system.
What is Black Insurance?
Black is a digital insurance company on blockchain. Our platform connects insurance brokers directly with capital enabling them to launch their own virtual insurance companies. Thus removing the trusted third parties (Insurance Companies) from the value chain.
What Was The Problem?
Currently there are three parties in the insurance value chain - customers, capital and insurance entrepreneurs. The way the insurance industry works today does not fulfil the needs of any of these parties sufficiently. They can’t because insurance industry is hindered with bureaucracy and high transaction fees. The system that is currently in place is not effective and there are too many roadblocks in between.
For example: As the crypto field is booming, there are also risks that people are facing. Exchanges and wallets get hacked frequently. There isn’t insurance cover for consumers that protects them from this risk. Even if small investors wanted to back a startup ready to offer this cover, they cant.
And The Solution?
The Black platform creates a blockchain ecosystem for all parties that will bring transparency, democracy and efficiency to the insurance industry.
It connects insurance entrepreneurs with innovative ideas to the capital they seek. All policies are written on blockchain, greatly reducing transaction costs and giving everyone an equal playing field for conducting business.
How it Works?
Entrepreneurs list their insurance products.
Investors can form and capitalise investment syndicates by investing in tokens and allocating capital between different products.
Policies are written on blockchain as smart contracts.
Users have access to immutable data (premiums sold, claims, profit) on the platform.
Profits are automatically distributed amongst the token holders.
ROADMAP
MILE STONES
So my friends, here we are again at the decision part, will you or not gonna join the future? The Black Insurance platform offers you a big opportunity. Join now and win in the near future, get a big profit, be the one who gains fast!
I truly recommend you to join the ICO right now.
Thanks for reading. Until we meet again!
AS ALWAYS, GOOD LUCK!!!
Website: https://www.black.insure/
Lightpaper: https://www.black.insure/lightpaper.pdf?pdf=lightpaper.pdf
Whitepaper: https://www.black.insure/whitepaper.pdf?pdf=whitepaper.pdf
Telegram For Airdrop: http://t.me/blackinsurebot?start=BSAnjTzoIMFX
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3372186.msg35347792#msg35347792
Bitcointalk Bounty Thread: https://bitcointalk.org/index.php?topic=3379115.0
My BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=1265016