I would like to please you with the fact that SafeInsure solves this problem in the root. Just imagine that you make your own changes and corrections in your service, without any additional costs.

I totally agree with you. Next, I would like to ask the following question. This concerns the fact that there are too many trifles between us and the insurance company. For example, this is a subscription to a lot of unnecessary mailings, a conversation with support staff and tracking information. what do you say to that?

the reason for this is simple: consumers require modular, customizable options that fit their lifestyle. In order not to keep up with everyone equally, consumers also require personal service and a product that is shaped and adapted to their specific needs.

I would note that in this case, that SafeInSure offers a completely opposite choice, since it is in this market that they can add and delete only what they are really interested and necessary.

of course, I repeatedly noticed this. This is a kind of industry standard. But you must understand that what is suitable for others does not have to be for you.

yes, that is what I mean. Therefore, the key factor and one single word can be called a platform like this: EFFICIENCY. With the help of the blockchain, each step is recorded in the history and, if you need information about the status of your application or you want to cancel the previous step, you can do it automatically without making a call.

By the way, you can give an example that clearly demonstrates the advantages of the blockchain, compared to the traditional insurance system. More precisely, it is not so much the advantages of the blockchain, as the huge disadvantages of the existing system. For example, this is an elementary disappointment that befalls us at the most unnecessary moment.

this is true. And here you also notice the inconvenience, the eradication of which would significantly reduce the time costs. Given the presence of the blockchain, this will be eliminated in a paperless, direct way, which includes zero intermediaries.

further - this is undoubtedly paper documentation. As a result of this problem, as you understand, delays in maintenance, missing and inaccurate records and other minor inconveniences occur.

Do not forget also about fraud, actively thriving in any industry. The insurance industry does not know the right ways to combat this factor and uses it the other way around to cover expenses and losses.

I will explain to you. You mean that customer behavior is changing, as well as competition from the emergence of new markets. Growth prospects are regarded as a threat to existing organizations. Of course, for some time they have calmed down, but now they can no longer be hidden.

it is quite right. The process will not only be simplified, but will also be more honest and secure. Safe enough to provide competitive prices and insurance policies around the world.

blockchain, in this case, is used for a new documentary approach - digital reporting, which simplifies the process of interaction between the supplier and the buyer. This distributed technology will be supported over time by both the supplier and the consumer. After all, this is a new era.

understand, insurance companies are already becoming obsolete. For a long time, there is an unnecessary bureaucracy, a lot of administrative details, as well as hours, and sometimes even days of lost time. I believe that the platform based on the blockchain is absolutely the right decision.

in principle, all these functions are also available in conventional banks, you can very easily guess about them: this is issuing bank cards, paying bills by debiting from customer accounts, issuing cash and, of course, security containing blocking accounts in case of lost cards, for example.

by the way, if my memory serves me, in white paper there are drawings showing the work of applications. It would be necessary to get acquainted, I think that I will find something useful for myself.

Does the project provide for an application? If so, what features does it provide? I suppose that through him it will be much easier to perform the necessary operations.

you are absolutely right, this directive came into force on January 13 of the current year. This directive opened up new opportunities for banks and allowed them to create new business models. And this is absolutely the right decision, because it is a step in the further development of the sphere.

everything is done quite simply. Firstly, England is one of the best jurisdictions for fintech projects. Secondly, virtual projects have long been registered and thrived without any problems. For example, even in 2015, Banking Supervision England issued a license for banking services to a fully virtual bank, with which customers can work exclusively through a mobile application. Currently, the bank does not have branches, and they have only a description of the project on their website. Therefore, it can not worry.

It is a nice idea but I think SINS will be perfect to develop this platform. It is more comfortable because they could lose more currencies in other case. I mean some exchange fees and other.