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Great idea. People in the world will be use debit cards in the future. You should focus on security. I believe the project will be successful.

Thank you very much. We appreciate it. And of course, the team is doing its best to create a secure platform.

Totally achievable Softcap is 100K ETH.  ::)

I get it insurance is definitely a good business to be with, I even want to have some of its token I just am not sure if the guys can cornet the market for the token because there are already some existing project like this one. I've read about SURETY IA project and it was successful I believe but I think that was just for Asians.

is there any mention of your project in any media related to crypto currency?

Unfortunately Russian government (and almost any government) is very conservative and do not fund blockchain projects :-). So we are funded by private investor, not a secret, see our site.
In near future new private investors will join.
We built platform which will allow anyone quickly create own insurance product and act as insurance company, platform will cover not only IT/business processes/sales but legal/licensing needs. And most %% of budget is needed for that (legal/licensing). If we analyze budget to setup insurance company, we will see that licensing is 80-90% of it.
Based on insurance industry size (4 trnl/yearly), 500K ETH is not huge amount in view of such platform setup. Even if we say that platform will occupy 1% of insurance market - 2 bln/yearly, the budget to setup it will look moderate.

Of course. Here are the links:

https://www.forbes.com/sites/kenrapoza/2018/04/29/meet-the-russians-behind-your-blockchain-and-cryptocurrency-too/#fb551863b868 (https://www.forbes.com/sites/kenrapoza/2018/04/29/meet-the-russians-behind-your-blockchain-and-cryptocurrency-too/#fb551863b868)
https://hk.thenewslens.com/article/94609 (https://hk.thenewslens.com/article/94609)
https://cryptona.co/10189-2/ (https://cryptona.co/10189-2/)
https://m.gazeta.ru/business/2018/04/30/11735419.shtml (https://m.gazeta.ru/business/2018/04/30/11735419.shtml)
https://bitjournal.media/30-04-2018/russkie-v-mire-blokchejna-i-kriptovalyut/ (https://bitjournal.media/30-04-2018/russkie-v-mire-blokchejna-i-kriptovalyut/)
https://www.cryptoground.com/a/russia-influence-cryptocurrency (https://www.cryptoground.com/a/russia-influence-cryptocurrency)
https://1prime.ru/telecommunications_and_technologies/20180428/828776298.html (https://1prime.ru/telecommunications_and_technologies/20180428/828776298.html)
https://ru.insider.pro/analytics/2018-05-04/kak-rossiya-stala-rodinoj-blokchejn-innovacij/ (https://ru.insider.pro/analytics/2018-05-04/kak-rossiya-stala-rodinoj-blokchejn-innovacij/)
https://www.forbes.com/sites/kenrapoza/2018/06/11/russia-tries-rebranding-itself-as-a-digital-economy/#1da8b84c3314 (https://www.forbes.com/sites/kenrapoza/2018/06/11/russia-tries-rebranding-itself-as-a-digital-economy/#1da8b84c3314)
https://www.techbullion.com/interview-with-vasilii-rybakov-the-ceo-of-i-chain-an-insurance-platform-built-on-blockchain/ (https://www.techbullion.com/interview-with-vasilii-rybakov-the-ceo-of-i-chain-an-insurance-platform-built-on-blockchain/)

Vietnamese translation reserved

Polish translation reserved

Hello I-chain readers,



Our team just wrote up an ICO review for I-chain, here’s a quick overview: Their Insurance Platform, I-Chain, will enable insurers to publish their products on the Platform, where customers can buy and use those products. A website and mobile application will serve as channels of communication and facilitate common processes such as sales, processing of claims and others.



We’d love your input and comments https://www.globalfromasia.com/investments/i-chain-ico-review/



Thanks!

hello sir is there any bouty and airdrop program for I-CHAIN project I am very interested to follow it.
if any please give me complete information,
thank you if the team is willing to answer my question

India translation reserved

I-CHAIN is a global online coverage based on blockchain technology and is used by a portion of data when it's needed, only a part of the data necessary for the insurance company. This is very prominent in the project. Good luck

I like the idea of an insurance platform. I think that this project can become successful, you need to wait for an uptrend in the market.

Say what you will but the idea, the project team is very interesting. I think that the project has chances even despite the negative trend of the crypto market.

The insurance market is a very large market, and it has a large capitalization. more than the capitalization of the cryptocurrency market.

Perhaps this project will be able to improve the situation in the entire cryptocurrency market. because the insurance industry is very successful and has a large capitalization.

so, you wanna collect 500k eth, its around 50m dollars. WHere i can see allocate of collected funds?

where i can see you token's functions? will you add description of token in this thread?

The cryptocurrency market, if you look at it, is still very young and has a very small capitalization compared to the stock market of securities or even shares of large companies. So everything is ahead!

Everything seems to be described there normally ... and the essence of the project and the purpose of the token ... In the end, there is an official website - you can read it.

I think that the provision of insurance services is a highly liquid type of business. And the provision of such services + blockchain technology = will significantly expand the industry and increase profitability and efficiency!

Insurance industry is regulated by law. Implementing blockchain insurance is very difficult from a legal point of view.

But nothing mentioned about token allocation and how much percentage of collected funds will be used for which purpose. I also interested to let know what is the total supply of this this token and how much they are offering for public sale?

I think you need to read the white paper, everything is written in detail. The project looks promising.

blockchain can improve many areas of our lives, and I think that insurance is one of these areas.

Such a long ICO ... I honestly do not even imagine  what will happen to the market by the next year summer.  We'll see..

It is better to set long periods immediately than to constantly transfer them.

It's hard to say who needs more. Blockchain technology for the insurance industry or the insurance industry for blockchain technology.

Insurance business is an industry where billions rotate. I think that the project that cooperates with this area may well be profitable!

But this is a very difficult business, the team must work with large companies and the government to make this project a success.

Why do you think so? What is the attitude of government agencies to a private insurance company? It seems to me that you are confusing something.

Probably it means more here that for a full-fledged launch of such projects, government approval is needed.

I also do not understand what you mean. What is the matter with a government body for a blockchain startup?

Obviously, he is trying to say that in order for crypto projects to fully integrate with projects from the real economy, blockchain technology must be recognized at the state level.

It seems to me that such things concern more cryptocurrency than just projects on the blockchain. How is the blockchain different from other computer developments? Why do I need permission from government agencies?

do you have any partnerships with other crypto projects?

It seems to me that the use of the blockchain namely transparency in all calculations and payments will make this project apart from the competition !!!

You're right! I also think that government regulation is relevant for cryptocurrency, as it is a monetary asset. And in the case of project I-CHAIN, it’s just an insurance company that has made its registries decentralized and open to public access.

Openness and accessibility these are the main positive aspects of this I-CHAIN project that can make this insurance company really popular and even dominant in the market!

there is another important thing. How different will be this project from other projects

This system can be applied even in the bank itself, because the blockchain is under high security

Perhaps you are right, but it is still early to draw such conclusions, the project is at the very initial stage of development, but they should succeed

guys where do you see openness and accessibility?
this project is starting to develop.

Perhaps this project can create a new type of insurance. which will completely change the whole industry

In any case, in the future, if this company is selling it, the state should know about them.

forum's user wanna see more information in topic. There is no word about token functions

And if I want to insure your car, in the event of an insured event, what procedure is needed to cover the loss? I think it will be a complete sham

I am sure that later the team will add information, it’s very interesting to read additional information for yourself.

it seems that the admin indicated this information in pictures, but its are not displayed.

I-CHAIN has a range of features that distinguish it from other projects in sphere of insurance. However there are quite a lot of competitors..

it does not matter how many projects there are in the insurance industry. there will be only one market leader.

Of course it should be registered, because it can be treated as tax avoidance unless such operations are not registered

guys, we can create an insurance company on the blockchain that works on smart contracts. why should we pay taxes?

only traditional insurance companies can fool. The project on the blockchain will never deceive. :)

Did anybody talk to team members? I’m curious is it possible to chat with any of them in Discord, Skype or at least in Telegram

In the starting post there is a link to the telegram, in the chat you can talk to admins.

I don’t know is it stated in all countries’ law acts, but mostly there is a rule to inform state about insuring operations if services costs more then a special number, usually written in customs code

guys, blockchain and cryptocurrency are able to completely change the world. we do not need any acts and governments. :)

I like the idea of an insurance company on the blockchain. This project can be successful and improve the insurance market.

I heard that some teams are already creating decentralized banks that will only work with cryptocurrency. I think the team can create an insurance company in the same way.

As I understand it, insurance can be passed remotely? but best to branch with real documents

This is the case! But banks and governments understand this and are trying to put the development of the crypto industry. Because it is a threat to the current system.

I very much doubt that the cryptocurrency will be adopted at the international level, it is not beneficial for policy

Who says that it is not beneficial to politicians? They are not interested in the openness given by the blockchain, but the anonymity and speed of remittances is very beneficial and interesting for them.

all of us have to wait till they will show some demoversion of their platform

we do not need to accept the cryptocurrency internationally. it will take the community and this is important.

And then we will all be testing this platform together, let's see how the developers have tried.

It seems to me that there will be many who want to try this platform. The ideas of the I-CHAIN project look quite convincing and promising!

Are they sure about this price? We all know prices are declining but such price looks like an easy money. Though insurance can be a good concept for a project but there are several team that already have done it before this one. Just means you really have a lot of competitors and much cheaper and the Asian teams are continuously working on it.

The team has a lot of competitors. I also met several Asian projects that promote their insurance decisions. But there is still very important the fact of the availability of experience and experience in the ordinary insurance business.

I think that this is an approximate price and so far it’s better not concentrate strongly on it. It will be visible soon

And what confuses you in this price? Do you think it is expensive or is it cheap? It seems to me that the price is formed from many factors and it is individual for each project.

there are really many nuances in the design of this activity. but I think the team will take care of the correct organization of this project.

I think that with such things there should be no problems. Since the insurance business is built on very clear legal concepts and patterns. Everything should be perfect!

I think that the clients of the insurance company should be interested in the openness of all financial calculations that will be after the blockchain platform has been launched. This will allow for the most efficient management of financial flows.

And the team of this project already has experience in the insurance industry? Or are they experts in blockchain technology?

On the official web-site of this project, there should be linkedin links to the members of the team. It is there, that one can see if this sphere is familiar to them.

I would like to know in which jurisdiction the parent company of the project is registered. It seems to me that the project team is from Russia, is it really so?