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Author Topic: [ANN] fidentiaX-World's 1st Blockchan Mktplace for Tradable Insurance Policies  (Read 4093 times)
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October 21, 2017, 11:38:48 AM
 #81

What's the future plan of this project?
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fidentiaX
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October 21, 2017, 11:43:04 AM
 #82

I invested already in other insure project - ILedgerX (ex InsureX), and they dont have any succes  Undecided
Also in Umbrella coin. Same thing.
May be world want not insure on blockchain?
In which country you based?

Hi Magisterr, thanks for the question.

here's my understanding of the 2 projects:
InsureX (aka iledgerX) focusing on address the end-to-end process of insurance from Re-issuer, insurer, distribution channel, policyholders. We see them focusing on the B2B model and would require adaptation and buy-in of various stakeholders in the sale cycle. Its an amazing project and its tackling a big change in how insurance business is being conducted.

Umbrella coin focuses on General Insurance product and actually acts as an insurer to provide a different way of purchasing coverage. I think its a great idea and there are similar projects out there that focuses on IoT insurance, etc.

fidentiaX approach is not to change the world overnight, we are tackling one segment of the market (tradable policies) and we do not require Insurers to adopt our technology for the business to work however we would be pushing for adoptation of blockchain technology by setting up a open-source foundation to drive this. We are actually very happy to see more insurance blockchain solutions as it will push the industry to a tipping point.

Our solution is solving the inefficiencies in the current tradable policies market by leveraging on blockchain technology. Do read up on our whitepaper to find out more! www.fidentiaX.com/whitepaper

Thank you

P.S: We are based in Singapore Smiley


I know, what this 2 projects want tomake. But i said, they dont have any succes in insurance niche. Price going down, no one good exchange.
Than you are better?

I can't say how we will perform comparatively to the others, all I can say is our team is committed to deliver what we set forth in the whitepaper and we need all the support we can get from the community to make this possible.
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October 21, 2017, 11:45:15 AM
 #83

The solution which you're giving to the policies holder are quite impressive and appreciated.
What are the benefits for early birds ?
I guess the early benefits would be a discount on fdX tokens. But They have 3 types of tokens. Why is that? What purpose these 3 types of tokens server?

You are right, early investors during the 1st 5 days will be getting a bonus.

Why we have 3 tokens are explained in the whitepaper, in sumary is how we manage Anti-Money Laundering and Forex risk within the platform.
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October 21, 2017, 11:45:29 AM
 #84

Why there are 3 types of token?
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October 21, 2017, 11:51:32 AM
 #85

I think it's a new era for tradeable insurance policies.
Sounds good to hear that. "FidentiaX Brings World’s 1st Marketplace for Tradable Insurance Policies"
fidentiaX
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October 21, 2017, 11:51:37 AM
 #86

nice project.
will you expand your platform in other countries like India or London in future?

Thanks in advance

We are definitely looking forward to expansion beyond the initial 5 countries selected and are looking for liked-minded partners in those regions. The lack of awarenes and regulatory controls would be best addressed by having a local partner. India's insurance market size is huge and adaptation of technology is pretty advance thus definitely in our scope. U.K has a market for traded policies and we will work with partners to bring fidentiaX to the market.

I have invested some money into the InsureX platform which is similar to FidentiaX but that project didn't go far. What makes you think or what separates Fidentiax from its peers?

InsureX or iXledger as they are known now is a great idea and project, we wish them all the best. The key difference is the project scope, while iXledger strives to address the bigger task of getting end-to-end adaptation of blockchain for the industry from Re-issuer, insurer, distribution channels to the policyholders. Our project is laser focused on address one segment of the industry, the tradable policies market which in itself is a multi billion market. It does not require insurers to change their existing process nor adopt new technologies though we would certainly hope we see the first life insurance policy by a major insurer issuing directly onto the blockchain. That is also one of the reason why we are setting up fidentiaX Open-source foundation to share open-source protocol.
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October 21, 2017, 11:54:31 AM
 #87

Well, I belong to India and in our country there's no fixed platform where we can sell our Insurance policies. So I would like to know about the reach of FidentiaX?
Is it going to work in India too?

India is definitely on our radar, how could we ignore such a big market! Once we understand the regulatory concerns and control in India, there is nothing stopping us to avail the platform to india for listing their policies.
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October 21, 2017, 11:58:12 AM
 #88

If I involve now so what I get any bonuses or seniority or share?? And whats the next plans?

your involvement is crucial on how fast and how far we can bring the platform up/to. Early contributors will be receiving a bonus and with adaptation of the platform, we will be reducing supply of the tokens in the market and thus increase scarcity of the tokens and giving reason for the market to invest in our tokens.

Once we are done with the Crowd Token Contribution, we will follow the roadmap as per our whitepaper.

do support the project by signing up for our whitelist at token.fidentiaX.com
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October 21, 2017, 12:00:36 PM
 #89

Can we participate in market promotion of  fidentiaX ? If yes then please let me know how and is there any benefits for us  in doing that?

you could join the bounty program https://bitcointalk.org/index.php?topic=2284386.msg23307267#msg23307267
or better still, contribute to the project by first signing up for the whitelist and spread the word.

We have a member-get-member program which is detailed in the whitepaper.

looking forward to your support. Please sign up for whitelist at token.fidentiaX.com
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October 21, 2017, 12:02:43 PM
 #90

FidentiaX is unique concept  and every one knows this, but how it is going to contribute more to block chain technology ?

getting policies tokenizated on the blockchain and driving adaptation of blockchain technology in the industry. baby steps but we will get there! imagine we world whereby all insurance policies are issued directly onto the blockchain.
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October 21, 2017, 12:14:57 PM
 #91

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▰▰▰▰   World's 1st Marketplace for Tradable Insurance Policies   ▰▰▰▰
Website  ▪  Whitepaper  ▪  ANN  ▪  Bounty  ▪  Telegram  ▪  Facebook  ▪  Twitter  ▪  Instagram

Model portfolio of the FedX-
fidentiaX will construct a portfolio with the objective of providing superior performance against a similar risk class investments.
The model portfolio will be used to demonstrate the advantages of having tradable policies as part of an investment strategy. The returns generated from the portfolio will be used to fund future development of the ecosystem.
anishraj03
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October 21, 2017, 04:40:09 PM
 #92

Congratulations Fidentiax and all the best for ICO.
fidentiaX
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October 21, 2017, 04:51:12 PM
 #93

Congratulations Fidentiax and all the best for ICO.

thank u!
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October 21, 2017, 05:16:29 PM
 #94

Fidentiax is another great project where we can sell our insurance policies to third party.
Golafire
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October 22, 2017, 03:39:14 AM
 #95

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https://www.fidentiax.com/binaries/content/assets/forum/logo.png
▰▰▰▰   World's 1st Marketplace for Tradable Insurance Policies   ▰▰▰▰
Website  ▪  Whitepaper  ▪  ANN  ▪  Bounty  ▪  Telegram  ▪  Facebook  ▪  Twitter  ▪  Instagram

Now a days Users are wishing to sell their policies without engaging in trading.
So here is the solution.
FedX
- No membership required
- Cannot buy policies or access policy
 marketplace
- Automated/Semi automated KYC and
 policy metadata population.
Exchange with Confidence
cryptozi
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October 22, 2017, 01:47:39 PM
 #96

Why there are 3 types of token?

Yes, that's a pretty good question. Why is there 3 types of tokens to begin with?
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October 22, 2017, 05:08:49 PM
 #97

Why there are 3 types of token?

Yes, that's a pretty good question. Why is there 3 types of tokens to begin with?

My apologies if my previous attempt to explain the various tokens wasn't clear. The rational behind 3 tokens can be found in the whitepaper (https://www.fidentiaX.com/whitepaper).

Here is why we are using 3 tokens:

fdX tokens: this ERC20 token is used for the crowd token contribution period as well as the various utilities covered in the whitepaper. Ethereum has the liquidity for raising funds as well as functionaly have a bigger market for trading after the token goes live. There are many exchanges that caters for ERC20 tokens which will provide a market for fdX tokens in the future.

ISX tokens, this is the platform unified token which will be used for all transactions within the platform. There are various reasons for using a Platform unified token as it allows some form of control against Money-Laundering. ISX tokens cannot be transferred unless in a sales and purchase transaction and is pegged to US$1. this pegging also adds another utility as we can mitigate the fx risk within the platform. There will be situation where by the seller and buyer's currencies mis-match and thats where ISX comes in to minimize FX movement.

Curency Rep tokens, this token effectively is transpaent to most users as it would just be a balance of the user based on their initial deposited currency. We cannot insist that buyer deposits only USD and insist that they convert their fiat/btc/eth/etc into ISX immediately. thus the need for a currency rep token on the platform.

Hope i managed to address your queries.
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October 23, 2017, 07:58:10 AM
 #98

Need all the help to get the word out!

Congratulations Fidentiax and all the best for ICO.
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October 24, 2017, 04:00:54 AM
 #99

Thanks for the community support thus far, we have opened our private sales since 20 Oct and have been getting positive feedback!! Thank you.

Please register for the whitelist at https://token.fidentiaX.com and watch out for exciting promotions in the coming days.

Please do not hesitate to contact us directly if you have any queries on how you can participate in the private sales.

Thank you!

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October 24, 2017, 05:16:59 PM
 #100

The founders are in Dubai now!! We will be meeting investors over the next couple of days! Ping us if u are in dubai!
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