An introductory video is out. (2-min.)

……………………………………………………………………………………….

Join our vision and find out more about us:

Insure Network | Twitter | Telegram [Broadcasting]

Telegram [Open Community] | Email | YouTube


We can now safely assure that the world is getting smaller every second. A single touch from your thumb can lead to the connection with billions of people around the globe. You can communicate, transfer data, or even value, real-time. These days, keywords such as ‘AI’, ‘Blockchain’, ‘IoT’ has emerged to be the next generation of technological advancements. While various industries are eager to adapt and apply this innovative global phenomenon into their services, one of the biggest industries still remains old-fashioned.

In the traditional multi-trillion-dollar insurance industry, only incumbents with abundant collateral funds could readily design and provide an insurance product to customers. As a result of heavy regulation, domination of incumbents and lack of community contribution, the market power of currently standing insurance companies is monopolistic. Insurance policies are non-efficient, expensive, and minimally protective. Moreover, geographical borders are limiting the evolution of insurance products. For example, around the corner of healthcare insurance, approximately 10% of U.S. citizens are uninsured, dying because of unnecessarily high cost of insurance policies. What’s more, current system of the claims process is exhausting. …

About

Insure Network

A decentralized Insurance platform powered by blockchain technology, connecting billions of citizens of Earth.