KUVERIT-The P2P Guarantee and Protection Application.

We all know that the future is behind "advanced technology". But what is this? Most of us mean IT with this name. Of course, information technology occupies a significant part, but there are many other important fields. Therefore, "advanced technology" will be more accurately defined as the technology that forms new industrial structures with the help of higher quality, more precise production, with less waste and better energy efficiency.

I present to you today an interesting and different project called Kuverit Building guarantee applications and the main P2P protection to reduce fraud and protect consumers from financial losses. Kuverit Limited is a company founded in Ireland and formally established to finance, develop and implement technology that is beneficial to humanity and the planet.

Global fraud is reaching epidemic levels with an annual economic price tag of more than £3.2 trillion. The UK economy alone loses more £110 billion to fraudsters each year. Fraud professionals are urging organisations to focus more of their resources on fraud prevention, estimating that doing so could add an astounding £44 billion annually to the UK economy.

You need to know that fraudulent & defective insurance products are a global problem that is now often the case, and the Kuverit application offers a solution to overcome these global issues. Because the Kuverit platform refused to be fenced off by the ring going to the crypto room, while 7 billion people waited. So' With global fraud topping £3 trillion annually, what would a solution be worth? The following are some of the solutions:

Kuverit is a unique solution that combines peer-to-peer assurance in trade aimed at eliminating fraud with the world's first independent blockchain insurance company designed to protect everything, everyone, and everywhere.

Kuverit introduced a new approach to the insurance business by first launching a peer-to-peer (P2P) insurance application. The company gives each user the opportunity to receive guarantees for two-way transactions. Regardless of whether the user is a service provider or contractor, business or customer, the Kuverit application will allow him to enter into an agreement with anyone at any time, which will eliminate the fear of new buyers. This functions as follows:

The user creates an account in the application, inserts information about what must be guaranteed for them and how much, and then sends his request for guarantee to other users of the application. Clients will be able to request guarantor support in a statement simply by providing detailed information about the nature of the contract and the amount of coverage required. Kuverit will not facilitate the integration of clients with guarantors, but these requests will be launched into the open market, where guarantors can do their own expertise and decide whether they want to support the client.

Kuverit companies are changing the way business is done between people, leaving the classic, centralized insurance model and changing to decentralized P2P systems that reduce the pain points that dominate the current process. The Kuverit P2P application, which will soon be available on iPhone and Android, will provide anyone, anywhere, the ability to guarantee their transactions, while at the same time providing a new revenue model with a fully transparent payment structure.

Kuverit quick check allows each user to verify data about the person negotiated with them. User requests to confirm the Kuverit identification number, which is the user's public key and can only be found in the application profile section, will allow him to do a quick check. Users simply enter their ID number, click the check button, and their profile information will be displayed in the user interface.

The use of the Kuverit ICO application is free for all members except the guarantor, each guarantor must pay 10% of their fees to the network collection. Tokens in a network set are used to reward voters and auditors and fund guarantor protection funds. All surplus tokens were sent to the furnace and burned. When circulating supplies reach a specified level sufficient for the contributing committee, guarantor fees will be reduced to cover the allocation of voter protection funds, auditors, and guarantor.

Every month up to 100,000 new tokens from the Kuverit ICO backup will be released as welcome bonuses and download incentives for new members of the Kuverit P2P application. Guarantor who holds a minimum balance of 10,000 tokens in their wallet for a period of 30 days will be exempt from a 10% network fee for the next 30 days.

The Kuverit application is free to download and view, however, platform users must risk a minimum amount of KUV Tokens in their internal wallet to maintain their position in the application. Voters, junior auditors and senior auditors are paid in the KUV Tokens for each claim they follow. We give voters one hour to evaluate supporting evidence from both parties involved in the claim.

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