Former Deputy CEO of two of the largest insurance companies in Israel — joins the blockchain start-up

The past few weeks have seen some of the biggest names in the banking, finance, marketing and technology worlds joining MaxData — the blockchain based startup seeking to disrupt and reinvent the service economy. The latest exciting name to add to that list is Gil Yaniv, a major player in the insurance and pension sectors.

Yaniv has, through years of executive experience in a variety of senior-level positions, gained a deep understanding of the insurance and pension sectors from nearly all angles and perspectives. He is one of only a handful of people to have had a hand in nearly every aspect of pensions, including the strategic planning, execution, technological, pricing, legal and marketing sides. He started in Tmura a big insurance company and afterwards worked as deputy CEO in the biggest insurance companies in israel. First in Clal insurance and afterwards in Migdal. Recently, he has become active as a tech entrepreneur, seeking out projects in the digital side of insurance.

“Blockchain technology is one of the most exciting recent developments,” Yaniv explained, “I’ve always been interested in the technological side of insurance. MaxData’s platform offers a fresh innovation to the digitization of insurance — I wanted to get involved in this exciting project.”

“Gil’s decision to join MaxData is a huge statement of intent,” beamed MaxData CEO Assi Zichlinski, “Not only will he provide us knowledge and experience as we break our way into the lucrative insurance and pension sectors, he also will be able to advise us as we develop our long term planning and implementing our global vision.”

About MaxData: MaxData utilizes blockchain technology to reinvent the global service economy to bring tangible benefits to the masses. Their platform facilitates the direct connection between consumers and businesses, transforming the way people buy their services. The company’s vision is to give ownership and profits on personal data back to consumers, reducing consumers’ cost of living while giving unprecedented value to companies making them more efficient and reducing their marketing costs.

MaxData.io was founded by Assi Zichlinski, the CEO, an esteemed figure in the Israeli hi-tech scene — with years of experience in the financial and technological worlds. In recent years, he has melded his knowledge in both these spheres to come to the fore of the cryptocurrency scene.

See more information on maxdata.io

Big Data exploitation affects any person with a smartphone, computer, e-mail, new car, credit card, Facebook account or simply uses the internet to find recipes or even check the weather. We have all been subsumed by the Big Data industry and are being goaded to increase our dependency on such systems while simultaneously paying for the system’s upkeep through increased consumer expenses. Today’s big data advertising revenue is more than $215 Billion annually and these costs need to be covered with an additional extra profit. Ultimately consumers need to pay the costs created by the collection of their own data, while their dependence on such data-collection platforms continues to be nurtured by the data corporation.

Thanks to the invention of Blockchain technologies and use of cryptocurrencies, a wave of decentralization is taking place in many industries. Big, centralized companies are effectively losing their monopoly over money and data. From banks, to data giants and governments, this decentralization is transforming traditional industries. While this new situation might be intimidating for centralized companies, it will give many opportunities to build new services for smaller businesses and consumers that thrive on evolution and change.

Blockchain smart contract benefits:

●   General data is available, while personal data is anonymous
●   Provides trust between two unknown parties, allowing decentralization
●   Blockchain has an immutable history of transactions
●   Data is safe and stored on decentralized servers
●   Cost effective payment solution for small transactions w/o any middleman