INMEDIATE ANNOUNCES FIRST TOKEN LISTING WITH HITBTC — A TOP 5 CRYPTOCURRENCY EXCHANGE
Singapore based Insurance technology startup Inmediate Pte Ltd today announced that it has finalized an agreement with HitBTC, one of the top 5 cryptocurrency exchanges. This effectively means that DIT tokens will be listed on the HitBTC exchange.
Otbert de Jong, co-founder and CEO of Inmediate was quoted saying: ‘This is big step for us. Today we start the public token sale. To be able to announce a first partnership with one of the biggest and most reliable cryptocurrency exchanges is another welcome milestone.’
Inmediate is an insurtech platform that aspires to bring the entire insurance ecosystem to the blockchain. The use of smart contracts allows for faster, more transparent and fairer payouts to consumers, while simultaneously providing the insurance industry with an opportunity to cut out layers of bureaucracy. It’s the first company in the world that attempts this and Inmediate has already been backed by industry leading insurance conglomerates FWD and MSIG.
HitBTC is a global innovative trading platform based in Denmark and run by under operation of Ullus Corporations K/S that has been operating since 2013 with multi-currency support. DIT tokens will be the latest addition to their broad selection of around 450 different cryptocurrency pairs.
‘This is the first exchange DIT tokens will be traded on, more will follow in the near future. We will soon be able to provide updates on the exact dates of the DIT listing and provide more information about token trading on HitBTC’ continued de Jong.
Inmediate is currently in the final stages of whitelisting prior to its token generation event. The public sale is due to start on Wednesday 18 July. For details on the token sale, the team and the project see: www.inmediate.io
For further information contact:
Yi Sheng Tan
More about Inmediate
Immediate is catapulting insurance into the digital age by creating an ecosystem and decentralised application (“dApp”) that customers, insurers and insurance distributors can operate in. It will coordinate and orchestrate the interactions between participants, removing friction and opening up new opportunities for insurers, distributors and customers using the latest technology and insights, making insurance all that we need it to be: fast, affordable, transparent, flexible, accessible and responsible. Inmediate’s DIT tokens will be the native medium to participate in the network. Token holders of the platform will benefit from the increasing utility and use of the tokens as velocity and participation increases.
Ecosystem Whitepaper: https://inmediate.io/Eco_System_Concept_Paper.pdf