X21 Digital & UnoRe Partnership
The X21 Digital team is pleased to announce the addition of UnoRe to our growing diversified investment portfolio. UnoRe is the world’s first risk trading Reinsurance platform, planning to be the first to introduce reinsurance to the current crypto-insurance protocols. The platform will allow insurance protocols to reinsure their products transferring part of their risk over to UnoRe.
UnoRe is the first of its kind to offer reinsurance using blockchain technology within the blockchain ecosystem. UnoRe aims to set a new standard for insurance products on and off-chain by acting as a trusted intermediary. UnoRe’s goal is to remove barriers to entry for investors regarding capital and regulations while also enabling the community to be involved in insurance and reinsurance at the same time.
The current insurance industry is out of balance between consumers and insurance companies. UnoRe aims to solve these issues.
Information asymmetry — insurance companies mask information from customers under the guise of reducing transaction costs. Ironically, this leads to incredible profits and an actual increase in transaction costs. Insurers have access to historical data on - e.g. loss ratios - giving them an unfair advantage over their customers. UnoRe will disassemble this information asymmetry.
X21 Digital has a successful track record in onboarding promising projects. Our team’s commitment to innovative groundbreaking solutions and blockchain technology offers us unique opportunities in assisting clients with product development.
About UnoRe
UnoRe is the world’s first reinsurance trading platform, powered by Polkadot. A platform where they allow the community to invest and earn huge returns from one of the safest asset classes in the world.
About X21 Digital
X21 Digital is a Blockchain Advisory and Investment firm dedicated to helping mainly blockchain startups accelerate their growth and exposure in the industry.
To date, X21 Digital has invested and advised in Numerous prestigious blockchain companies with exceptional teams giving the most optimal strategic advice and guidance, to shortcut their path to success.
Useful Links
x21 Digital
Website: https://x21digital.com/
Twitter: https://twitter.com/X21_Digital
Medium: https://medium.com/x21-digital
UnoRe
Website: https://www.unore.io/
Telegram: https://t.me/UnoReinsure Twitter: https://twitter.com/unoreinsure
Pitchdeck: https://docsend.com/view/zbc3ipur4zey48h9
Medium: https://unore.medium.com/
Github:https://github.com/PolkaRe
