Bitcoin Forum

Update: More members have join the SURETY.AI Advisory Team!

https://medium.com/theheartilab/surety-ai-advisory-team-cb50a6b7e0ec

Reserved 2

Interesting concept: micro-insurances. Looking forward to this project

Somewhere I have already seen the project manager. Is the face very familiar? Maybe he already participated in some famous project?

Insurance in medicine is one of the most promising directions in the crypto industry. Here I saw several successful projects in this area.

Which project manager are you referring to?? They do have a huge and capable team so it would be great if you give more details. I do know that some of them do looks like kind of similar.


Thanks. I will get back to the team.

Projects on health insurance are successful. And then there is artificial intelligence connected. Behind him is the future. And what exactly will he be doing?

This will be a very interesting project to follow,  blockchain based artificial intelligence (A.I) platform for insurance companies. Do you have a bounty campaign for this project Sir?

Love people exploring insurance space,  a much needed overhaul needs to be done. Blockchain could revolutionize the industry. Going to keep an eye on the progress of the project.

Is this only for health micro-insurance only? Also, this project is targeting the unbanked. How can you assure that you can really reach out to them that maybe most of them don't have the smartphones to access this kind of platform? Or better yet, they don't know how to use cryptocurrencies? Yes, the idea is great but the actual process of reaching out those individuals is kinda hard. Let's be real here.

is a bounty planned for this project?

Feel free to read up on the whitepaper to understand more about the SURETY project. Here is the link:
https://surety.ai/whitepaper.pdf




Feel free to join our telegram for the latest news. at this point of time, we are still finalising the details of the bounties.


Thanks a lot. That is a speedy work you have done. All the best for your website too.


I will tell the team about your questions and will get back to you soon.

Keith | SURETY.AI CEO:
Thanks for analysing our business and giving us your questions:

1. Micro-insurance can be for anything ranging from life, health, personal gadgets, livestock etc.  The main differences between micro-insurance and traditional insurance products are their lower prices and lower coverage values.  Micro-insurances were not commonly sold in the past because their lower prices do not incentivise the agents.  With  digitisation, it is now possible to sell micro-insurances to end consumers.

2. With almost two-thirds of the vast population of Asia now using mobile phones (and usage is still increasing), growing  demands for technology-driven solutions will push insurers to enhance digital capabilities  in 2018 and beyond. In 2016, for example, there were approximately 330 million online 
insurance customers in China, an increase of more than 40% from the year before, 
according to Ant Financial and CNBData. These numbers will continue to grow as 
consumers in Asia demand mobile solutions in buying insurance, and they want it simple, 
affordable and on-demand. 

3. Our token is pegged to the local currency which makes understanding its value and using it by the unbanked relatively easy.  It also contains the smart contracts that help insurance companies track insurance contracts and claims data, among other and utilities.

It is true that the insurance industry is a big industry with lots of potential. It would make sens to use some form of making the workflow easier but I do not necessarily agree with tokens becoming tender to use to buy things with. There are too much volatility going on in crypto for stable retail type payments apart from maybe a handful of coins out there.

Then also why do you want to burn tokens for PCT? Isnt that becoming a bit complex especially if you are targeting unbanked? Unbanked might not be crypto savvy.

Partnering with IBM? This means, that Surety will used IBM program for AI technology? How tokens will be used in this project?

Insurance unbanked blockchain? very interesting to note, good planning, I still see if there is anything interesting here besides the one mentioned above.

Let me share my experience in crypto as a crypto investor (not in the shoe of surety ai cm).
In general, using tokens to buy things may not put the consumers to risk the price movement of the tokens. They can buy and use at the spot as long as there are necessary tools/app to facilitate such services. In return for this extra steps to get the necessary tools/app, the consumer will be incentives with certain discount. For example, today i need to buy a $100 insurance, i can just go to the app to buy and the app will tell me that i just need to pay $90. The app will then take my $90 and purchase the tokens and send the tokens to the provider. So in the end, it is a win win situation whereby i spent less, while it drive demand for the token system.

And what is PCT?


Let me get back to you when I have the answer from the dev.


Do check out the partnership and advisers. Recently, the team has double the number of reputable advisers to onboard the ico and add a lot valuable insight to the projects.

how this project tomorrow will work out whether this is a kind of project for family or public

Qns: Partnering with IBM? This means, that Surety will used IBM program for AI technology?

We are an official business partner of IBM where we use Watson as part of our AI technology layer in SURETY.AI, and do joint marketing with IBM.


Qns: How tokens will be used in this project?

With SURE Tokens, insurance policies and claim transactions can be stored on our chain, benefiting the unbanked and other participants of the ecosystem.  Among the token utilities are:

1. Insurance contracts: Insurance policies are stored on tokens and it is proof of insurance during claim. As these are immutable contracts, it fosters trust and security among insurer, re-insurer and the insured.

2. Insurance data: Unbanked consumers can use tokens to access their data for policy payment and claim information. This information form their credit history to gain access to financial services like loans from banks

3. Security and fraud prevention: Insurers use tokens to store claims data to avoid duplicate claims and insurance fraud. Blockchain’s immutable recording system can help insurers avoid claims leakage and lower loss ratio. In this way, premiums for micro insurances can be even lower for the unbanked population.

Please refer to our whitepaper for all the use cases and benefits of our tokens.  Thanks!

Exactly because of the possible price volatity, we created PCT which is a non-tradeable token that is pegged to the local currency.  PCT is used to purchase insurance and hence the consumer is not exposed to crypto fluctuations.

For the unbanked, they can purchase PCT directly and a corresponding value of SURE token will be burnt on their behlaf by our inhouse mechanism.  In this way, the non crytpo-savvy consumer does not need to understand crypto in order to purchase insurance.  For insurance companies who are using our SURETY.AI, SURE token allows them convert SURE into PCT for all the utitilty and benefits (such as storing insurance contracts), or liquidate SURE in the market if they not longer require the service.

Thank you for detailed explaine. Can you ask devs about № of partnering with IBM? They can post this on their site and people can see as evidence of this.
Ill read their whitepaper. it looks like PolicyPal competitor?  ???

Hmmm, interesting project, but I'm reading a lot about micro-insurance and can't understand how it will work on blockchain ???

if there are hua_hui . dont afraid. he is the best bounty manager. i only trust him. good project

100%

With this strong and good team this project seem very good and potential.
will it request to do KYC and whitelist register before can join their token sale, please?
btw, will Surety run a bounty program?

Hi!
What's the soft cap and hard cap, how much you plan to raise?

Well, if you're going to look at the latest ICOs created and run lately, almost everyone requests KYC, and I think Surety should also apply.

Im also cant find. They have 200 mln (from 500) tokens for sale. 100 mln for private and 100 mln for public sale. But I cant find tokens price... And the date of sale still not announced?

in your road map, I saw that in May you have a private sale of tokens. will you conduct an open sale of tokens? and will you expand your road map?

Introduced in Korean
http://newsforall.tistory.com/36
Nice Project!

Really good project guys. I hope it success. Good luck.

They will have. On the site says, that 100 mln tokens intented for private sale and 100 mln for public sale. But still no information about date...

This will be a very interesting project to follow,  blockchain based artificial intelligence (A.I) platform for insurance companies. Do you have a bounty campaign for this project Sir?

is there any bounties planned for this project?

Projects on health insurance are successful. And then there is artificial intelligence connected. Behind him is the future. And what exactly will he be doing?

i hope this project will success .. IBM partnership .. the big company since i was young untill now hhahha .. i support this project ..

Is there any soft cap for the project.?
What is the price of the token.? When is the token sale.?

Some important things are missing from OP.

how this project tomorrow will work out whether this is a kind of project for family or public

This is a good idea, we need such exchanges, I will follow you!
Egretia

Read their site and telegram. Price of SURE tokens are as such: 11 SURE = USD$1. So 9 cent per 1 SURE token. Hardcap 16.2 mln $. Token sale date TBA. Now private sale ongoing.

A project that deserves special attention. The Asian market is rapidly developing and the introduction of innovative technologies in such areas as medical insurance can bring great benefits to the entire market

Thank you for that help. The Asian market needed something like this and hopefully, we will see the platform soon and the aim of the team is quite clear in determining what will the platform do after the launch. Everything looks positive right now.

CEO of Surety.AI Keith Lim will be discuss about blockchain technology, decentralised insurance at 80RR in Singapore on 24th May.

https://www.eventbrite.sg/e/suretyai-powering-micro-insurance-on-blockchain-tickets-46004436508

I believe we all joined this group for only one purpose. That is, to discuss the prospect of this seemingly wonderful project and continue to hope that the brain behind this, whoever they are, will be graceful enough to remain faithful to the many thousands that have demonstrated extreme confidence and support in their project.

I don't know. I saw several similar projects and all failed. Many projects that are based on medicine or on real estate and so on many have failed. I do not see the point in such projects.

Medicine and real estate are definitely 2 huge markets that many companies to want to have a share of the pie.

However, the success of a project depends on a lot of factors. Two keys factors are the support and partnership.

Without any solid partnership, the project will just remains as an idea and the team will face with a lot of obstacles to bring the project to the next phrase. As for support, it is quite similar except that they have the backing of strong companies to help them reduce the obstacles so that the project can be advanced smoothly.

For Surety.ai, one can easily realise that Surety.ai has partnership with IBM. It also recently have form new partnership with Sentinel Chain.  With the support of HeartiLab, Surety.ai would be able to deliver what it promises and maybe even more.

Interesting photo. Keith Lim (CEO of Surety) with Val Yap (CEO of PolicyPal) at REDmoney event at Kuala Lumpur. Are they competitors or partners?
https://medium.com/theheartilab/hearti-ceo-keith-talks-about-surety-ai-at-redmoney-event-at-kuala-lumpur-e2f95aaa42d8

Policypal is an insurance broker while SURETY provides an insurance platform to insurers.  In many ways, SURETY and PolicyPal may collaborate with each other.

Insurance if a good project really. Hope for success. I saw some people wearing the signature of your campaign and it says Backed by BlockAsset. Has any of their staff confirmed this statement here in the forum?  I'm asking to check whether this is true. Not to accuse you for telling something untrue, I just want to make sure.

Hi, it is to provide a stable token (PCT) pegged to the local fiat currency, and a tradeable SURE token to provide liquidity

Sure, in fact i am very happy that you are doing your due diligence. From what i understand from the dev team, the backing of BlockAsset is confirmed and the ico team has given me the right to include that in the signature code.

In addition, the team is also have partnership with IBM, sentinel chain and many more are coming.

Hi gembira, thanks for always helping to answer questions in this thread and sharing timely updates on the surety ai project. I have sent you a pm, please do check. and once again, enjoy your day! Cheers.

I filled the form for joining the signature campaign , so am I accepted to the signature campaign ?

Give it a day or two and then check the 2nd page of the signature bounty spreadsheet to see if you are being accepted or not. Thanks for the understanding.

And i just check, you did not even filled in the form. Cheers.

Surety made an article review about their advisors. Among them Pr. David Lee (Co-Founder of BlockAsset), Mr. Phang Yew Kiat (Chairman of United Nation ESCAP), Mr. Chia Hock Lai (President, Singapore FinTech Association), Mr. Peter Sin (Co-Founder of Singapore Bitcoin Club) and many other serious people  ::)

https://medium.com/theheartilab/surety-ai-advisory-team-cb50a6b7e0ec

Yes, definitely, this is a very impressive article.

We know that BlockAsset has huge presence in crypto space, having them in Surety already prove that Surety shows a lot of potential to be a huge projects.
Having people with huge background like chairman and president of prestigious association or group means that Surety is even able to stand out among millions of other projects that they have came across. 

what's wrong with bounty manager hua-hui?
you get red trust, whereas the signature participant requirement is banned red trust but yourself red trust, this how?

Hi bitcok, thanks for keeping such a close attention to the Surety project. With regards to the bounty signature campaign, do keep a look out in the bounty thread : https://bitcointalk.org/index.php?topic=3956542.180. I believe your concerned will be addressed in the announcement. Cheers.

https://medium.com/theheartilab/surety-ai-whitelisting-process-f4de121f67f9


Surety Whitelisting has been started.

Though I am not fully supportive of KYC in ICO, it's still worth it if the project is well managed. Worth it for Surety, Spreading the word.

The project will launch presale? Is it possible to participate in a private sale with a bonus? When will start the main ICO?

You have to stay tune to the telegram for the latest update. They usually will make the confirmed news over there.

From what i understand, the kyc is oversubscribed at this point of time so do expect to give them some time to do the kyc approval.

Is there any bounty thread for social media from this proekt. I have already seen signature bounty, but I can not find social network

Yes there.

https://bitcointalk.org/index.php?topic=3956542.0.

There are only twitter and signature bounty.

In which country is the project registered? How many people are on the team?

insurance in medicine, this is very human and promising in the construction of this project, I strongly agree with the establishment of this project in the future

The project is registered in Singapore. We have 35 people spread across Singapore, Thailand, Vietnam and Indonesia

I see Surety is already making a buzz in the market with its unique ideas and implementation.

Would want to know the exact dates of the public sale.?

No exact date yet. Prospective date of token sale is end of June - beginning of July. Details will be announced soon. But whitelist for public sale is now open:
https://surety.ai/kyc/

I see the market is on the negative edge these days and the predictions are that it will be for some time.

Still projects like Metronome who did their sale differently are able to get good money.

When is the public sale? or it's already over, I checked your website but didn't find the date . It says that the private sale was in may but already the end of June . Thanks

As per our knowledge, this is the current status. We are awaiting the dates for public sale and you can join the whitelisting now.


Just for the record, ICO's are barely hitting soft cap these days and not the best time to run ICO.  ::)

This project is Asian. I am also Asian, so I support and hope this project develops further. ;D ;D ;D ;D ;D ;D

I think now it isn't necessary to open ICO, now it's summer and people are resting, we need to wait another month.

As I have said before there are hardly few Projects reaching hard cap and reaching soft cap is also became hard for many. Eagerly awaiting for the ICO dates.

well
just some info from offical telegram group.
the token sale is expected to happen around late June to early July.

Hearti, which developing Surety blockchain platform for insurance will be partnering up with OPG Tech, which operated in Thailand and Laos

https://medium.com/theheartilab/powering-opgtech-in-thailand-and-laos-through-surety-ai-9b3f87f69b1e

How this project related with PolicyPal? I seen Val Yap (PolicyPal CEO) with founder of Surety.Ai? They are partners?

https://twitter.com/theheartilab/status/1010930570971447297

Twitter? I can't find the twitter campaign..

At the moment there are no official news about the partnership, but seeing the photo there is a hope for partnership.

It seems that the public token sale company can now be very much delayed, because as said above, it is time to leave and probably there will be little activity in the crypto-currency market.

The bear market affects the ICO funding I guess. Everyone are very much weary seeing all the down trend every other day,investors are too afraid to touch ETH and BTC anymore some are just buying USDT while they wait til the market cools down. The good projects would be collecting more than 1000BTC if the market is just greener where BTC could be about $12k.

Seems bear market ended already and grow started  ::) I expect BTC much more than 12k soon. When SEC will applie decision about ETF (until 22 September - big money will come in crypto). So now is time for Investing in ICO again.
This project going to insure some crypto related products? (like crypto walletc etc) ?

This project is Asian. I am also Asian, so I support and hope this project develops further.

You may be right. The market really seems that slowly but surely took a course to the North, apparently it was very hot. ;)
Perhaps in a very short time we will see these numbers on our watch face

AI-related platforms are booming in the current crypto scenario. So the project should have a very solid background on how to implement such goal to compete with other big funded AI projects. In case, what's the edge of this platform over the others?

SURETY.AI: Three Ways AI Tech Will Benefit Insurance Platforms

While Artificial Intelligence (AI) technology is still in its relative infancy, innovation in this area is gaining momentum at a rapid pace. This article will examine three ways that the adoption of AI will offer potential gains to insurance companies, salespeople, and policy-holders.

1. More personalized coverage:

2. Smoother customer experience:

3. Hassle-free claims service:

https://medium.com/theheartilab/surety-ai-three-ways-ai-tech-will-benefit-insurance-platforms-e84e041a633

https://cdn-images-1.medium.com/max/800/1*6Dd6SXMmCRRgc-stJGdyPg.jpeg

when the end of crowsale?
and when distribution of bounty campaign because i don't find for more info in your website

There is no fix date on the crowdsale. The current stage is that the team is still trying to raise fund for the private sale. What we storngly encourage the ico is not to rely heavily on the public sale as we do know that the sentiment is quite down, that is why surety is working very hard behind the screen to reach out to different venture capital to rise more fund.

I'm not sure but how can we know IBM repository on this project. Looking forward in future for that.

for this problem
i aggree with surety team why still have no correct date about when crowdsale started.
since most of ico fall on this market situation.
also good rating ico have a plan to extend their ICO.

project interested me. especially the idea and composition of the team. but even more interested in me, are the high ranks here high enough. The last page on this topic shows that only members with low rank communicate.

hua_hui hi.

It's been a little while since then. If there is news on the distribution of coins by bounty, when can you expect to receive coins? Thank you.

This is from my previous post:
"There is no fix date on the crowdsale. The current stage is that the team is still trying to raise fund for the private sale. What we storngly encourage the ico is not to rely heavily on the public sale as we do know that the sentiment is quite down, that is why surety is working very hard behind the screen to reach out to different venture capital to rise more fund."

As such, we still have to wait for more updates from surety ai for their crowdsale to launch before we can even think of receiving the bounty.

I joined , i m glad a part of this community
I hope your project will come to beautiful places

I expect this ICO will be smash. Absorbing activity, attentive job, amazing results.

Surety $SURE has been added to Idex exchange !

https://twitter.com/Aurora_dao/status/1026836815658008578

https://idex.market/eth/sure

Congratulation !

Is this official? How did it happen hua_hui said ICO is not yet started and have no definite date at the moment and its already listed on IDEX? I believe its a different token and not the surety project I can see some trade history last 2017.

Hello!!!
I have a question about the bouty campaign, I posted it in your telegram channel and an individual has asked me to post the article here.
Please answer my question "When will the bonus campaign distribute?"

Something seems to be here a long expectations will not be met. Before the launch is probably still far away, and trading on Idex does not take place. The coin was just added to this exchange, without trading.

well
let me say something,
after i checked on offical telegram yes , that true
but the fact,
ICO not yet stared.
and after i checked smart contract,
the holders just 4 address
so i just think , its just adding market.
of course without trading because nobody have $SURE token yet.

I still will trade on this coin? In principle, I like the project very much, but I want to see more serious exchanges, not a lame exchange Idex.

Looks like nothing is happening in this project and why would they list this token in exchange if there are only 4 holders no liquidity at all, what if this holders are planned to hodl this tokens, @ OP please update us what happened now in bounty distribution after 8 weeks of working and still we did not receive any payment this is truly disappointing.

agree with you, I also experienced the same thing, still waiting for distribution, even though the token has started trading

Tokens still not trading at exchanges. Idex can add token without developers.But seems tokens still not distributed or locked. As you can see there are only few buy orders. But no sell orders. And if you participiated in private sale, than you must know how this works. People signing agreement with developers and sent ETH. But developers can sent tokens later (before official exchange listing or after public sale). So it seems that token still not distributed. May be developers waiting bullrun market, because now i not a good time for listing.

I think its the right time to distribute so that the bounty participants can decide whether they can dump the token or not. At least they can only get as much as they prefer although its not so big but they have the right to do so. When its on the bigger exchange more money they can get out from the market so its definitely the right time. Its advantageous for the new investors so they can buy them cheaper.

Of course, I like the project SURETY and the idea itself looks quite feasible and the goal is achievable for the team. By the way, is there any news for the community?

As developers said in telegram private investors still not received their tokens. Distribution for private investors still in progress and tokens locked for 1-6 month. So there are no sell orders on Idex.

Well a certain amount of regulations and procedures is a good thing, it ensures that project and our investments have some kinda a guarantee that they will offer the value for our money.

I wonder how all the same coin traded on the exchange, if you are still in the last phase of the sales are not completed or still is in parallel?

They don't have public sale. They sold tokens on private sale and now in distribution phase for private insestors (as they said in telegram).

is there any latest news about the bounty campaign program, which has long since ended, but until now has not been distributed

As developers said in telegram the distribution for bounty hunter will start in 13 Sep. And they promised some good exchanges soon as well.

So may I know how much they sold during the private sale?

If you could share good that information it would be helpful to me as the distribution is gonna happen this month
and I would like to try to buy cheap tokens from the bounty hunters who would like to dump right after.

Well, then we look forward to the release of tokens to new good exchanges. But when some expected the new exchange? Please tell me what the price was on the ICO?

They didn't have ICO, tokens were sold at private sale only. Price on private sale was 10 cent per 1 SURE token. Developers said in telegram that they are in negotiating with some good exchanges. Also they have a trading promo on COSS exchange since 17th September with pool of 500k SURE tokens.

tokens have been distributed, but I accept jumblah not in accordance with what is in the spreadsheet. there is written $ 1,569 but I only get 15649 SURE while in exchange 1SURE = 0,00036ETH

I can only patiently see the current market conditions, holding it for a long time, in the hope that tomorrow will return to normal. for present conditions, this team definitely has very good tricks.

Dude, they calculated at ICO price (private sale in this case). Private sale price was as 1 SURE = 0.1$. So your 1569$ = 15690 tokens.

I wonder whether a larger exchange ? Personally, I do not like these two exchanges Ibex and Coss. There is very little liquidity on these exchanges

u miss understanding .
https://cdn.pbrd.co/images/HE1xlfr.jpg

on this time , 1 sure = 0,00036ETH
that mean 0,00036 x $223.39 ( based on eth price this time ) = 0.08028 usd
so price just drop about 12% , i guess
so dont think they wrong about how much payment for bounty hunter.

btw , trading not yet started .
as i see on etherscan , team still have more than 60% total supply ,
btw , how much fund raised ?

It would be interesting to know where you have information about the start of trading on the exchange Coss on September 17 ? I that the such information not can find.

Where does this information come from? I do not see anyone confirm

i think that contest already cancelled ,
since token not yet given to all investor ,
and also , still no volume on coss or idex ,
and the last , coss already deleted that announcements.

Read their telegram. SURE trading Promotion starts today 17th September 2018. Top 50 traders for 30 days will split the pool of 500k SURE tokens.

for now the token price is still below the ICO price that you must hold first, waiting for the next exchange.

They promised a huge marketing in October. So price must increase a lot. Just hold and buy more while price still cheap.

From telegram:

yes, really you said, we just waited in October, I hope in the exchange of high prices even above the ICO price,
by holding an exchange promo of 500k SURE tokens, this can be said as the beginning of an exchange or just a trial, I see for now the trading volume is still small.

We cannot expect a good price because of the timing, it's bearish mode and people would dump.
There are a lot of projects that was once rise above ICO but now it's below ICO so they would prefer to buy those, but still I hope we will have a good price.

CEO of Surety Keith Lim was at Seedstars World, Riyadh in Saudi Arabia

https://twitter.com/theheartilab/status/1047779104991240192

Would be nice if they will share some details about this conferense? May be there is any partnerships? They promised good exchanges in October and increase marketing. Hope to see SURE token at more liquid exchanges in this month  ???

well
they are also looking for hire a digital marketing and PR manager.
btw , about contest on coss io its 2 days remaining,
lets see next plan from team for expansing a market.

They hired marketing company already? They are quite active in twitter nowdays. they have a different conferences and events across Aisa andother countries:

https://twitter.com/theheartilab

But why SURE still not listed to centralized exchanges? What they waiting for? Market recovery or what?

holy hoo what did you guys do? bought all the circulating tokens?

https://i.imgur.com/AYGXCva.png

after checking it all i guess you guys have done great job even with the market condition, you have published great articles too and attended meet ups. that really made you legit. took pride that you were on TV as well.