I invested already in other insure project - ILedgerX (ex InsureX), and they dont have any succes
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/whitepaperThank you
P.S: We are based in Singapore
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?