FidentiaX-All About The Procedure

FIidentiaX-A worldwide social platform for the exchange. It covers the exchange of the Insurance Policy. As in the present day cases of uncertain deaths have rised upto a very high extent.People are facing health problems at every level of life. Some people die due to the diseases and some due to the other accidents.As it is said that death can strike anywhere and anytime.So the people are insuring themself so that they can left behind some money for their children.So that they can live a happy life and can use the money for thei betterment.So due to this the companies of Insurances have made a huge growth in the market.And many or you can say that most are fooling the people by not giving them the correct amount.

So this led to the innovation of FidentiaX.

FidentiaX

So here is the company which has made the people happy who owns a insurance policy.So here is some important information about the company- It is the company which is helping the people around owning a Insurance policy.These will provide you with the best and the first marketplace for trading of your policy. It is the best platform available around the globe. fidentiaX is the world’s first marketplace for tradable insurance policies. The vision of the team is to create a trading marketplace and repository of insurance policies for the masses by leveraging blockchain technology. This blockchain-powered marketplace will provide a trustless, immutable, auditable and transparent environment to disrupt the status quo. fidentiaX Open Source Foundation (FOSF) will be setup with the mission of proliferating the adaptation of blockchain technology in the Insurance Industry. So this blockchain platform will be leading the golbe around soon.

PROCEDURES INVOLVED ARE-

HOW THE PAYMENT IS MADE?

The mode of payment is very simple.Anyone can learn the method because of its simplicity and convinence.

For a user when his ISX balance is sufficient to process a payment, fees will deducted from the balance automatically. And the user whose balance is insufficient to process a payment will be prompted to top up.It means when the account will get the money it will be auto debited. And the Top ups will be available via several online payment methods using their respective APIs.

So its a very easy task to make a payment.

WHAT ABOUT POLICIES?

Policies can be defined as the unique, non-duplicable objects comprising a unique ID, a set of metadata (policy details and requirements) and a set of supporting documents (KYC, photo of the original paper policy, etc).

Each policy is verified by fidentiaX before being listed on the marketplace.

Policies previously processed through a standard (off-platform) sale cycle don’t require extra processing
 since their metadata has been verified by their respective insurance companies at inception.

  • User decides on an ISX amount to cash-out.
  • ISX amount is deducted from user’s balance
  • U.S. Dollar value of ISX is transferred to user’s fiat account on the next cash-out date.
  • User can decide to cancel the cash-out any time before cash-out date.

HOW TO TAKE THE CASH OUT (WITHDRAWAL)

Withdrowing is also the easiest task.
 User decides on an ISX amount to cash-out.

  • ISX amount is deducted from user’s balance
  • U.S. Dollar value of ISX is transferred to user’s fiat account on the next cash-out date.
  • User can decide to cancel the cash-out any time before cash-out date. So here was all about the processes which are important as well as most basic as well. So just join your hands with the most trusted as well as the best policy exchange.
  • Because it is the-

“World’s 1st Marketplace for Tradable Policies powered by Blockchain”

So just you have to do is

“xChange with Confidence”

ABOUT THE ROAD MAP

ANNOUNCEMENT

Here is an important announcement which is to be made. Whitelist process will be starting by the end of this week. Bounty starting today on bitcointalk.org

We will be joining Access (https://www.access-sg.org/) next week

We will be joining Singapore Fintech Association (https://singaporefintech.org/) the following week
 Public Round starts on 6th Nov

Thats all we have at the moment, if u have any suggestions, please let us know.

TOKEN CROWD SALES

###fidentiaX’s tokens will be in a number of 100,000,000 fdX for Crowd Token Contribution (CTC) with also bonus for early contributors based on the following calculation:

CTC Day 1–2 — — — — — — 1 ETH = 575 fdx (15% bonus)

CTC Day 3–5 — — — — — — 1 ETH = 550 fdx (10% bonus)

CTC Day 6–30 — — — — — — 1 ETH = 500 fdx

join us on telegram: https://t.me/fidentiaX

Follow us on Facebook:

https://www.facebook.com/fidentiaX

Follow us on Twitter: https://www.twitter.com/fidentiaX

Subscribe to us on Youtube: https://www.youtube.com/channel/UCWbqz0pTA-UJB0EQK_rn-Pg

Follow us on Linkedin: https://www.linkedin.com/company/13432590/

THANKS


Originally published at steemit.com on October 19, 2017.