BlockchainICOInsurance

Insurtech with Blockchain from Etherisc

Global, decentralized insurance platform Etherisc and the Decentralized Insurance Foundation have announced that registration is now open for the DIP Token Generating Event. The TGE will support the foundation to develop and promote decentralized insurance and ensure the long-term development of an open-source protocol. Etherisc’s decentralized insurance platform uses this protocol to lower operational costs and provide greater transparency into the industry compared to traditional operations. The TGE has a hard cap of $30 million USD and is expected to commence in April 2018.

Co-Founder of Etherisc, Stephan Karpischek said: “The insurance industry is outdated and riddled with frustrations and conflicts of interest. Everyday people and businesses have, for years, been calling out for an insurance process that is transparent, reliable, and instant. They want complete insight into how much they will receive, how, and when — not struggle to prove their case, make a claim, and receive a correct and timely payout. For the first time ever, Etherisc is leveraging blockchain technology to answer the market demand and bring insurance back to its roots as society’s safety net. Etherisc’s decentralized platform will modernize the insurance industry by bringing back the long-standing values of transparency, efficiency, and fairness, which have somehow become lost along the way.”

 

READ MORE OF THE ARTICLE AT CHAIN-FINANCE.COM

Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
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