[ANN] [IPL] InsurePal | Distributed social proof insurance

[xiao2017]

Crowdsale ended

get your IPL tokens at HITBTC or Livecoin

[cryptoworld2017]

Follow Insurepal on Twitter

https://twitter.com/InsurePal_io

[cryptodalailama]

I retweet Insurepal latest articles

[todavenera]

Interesting reading

For years, we have allowed the growth of large corporations that have literally enslaved us to feed their greed. To change this narrative, internet came as a first big breakthrough, making information widely available, and consequently allowing us to speak-up and engage in conversation with the companies.

Blockchain is the next big thing as its true benefit doesn’t come from high earnings, as one might assume. In reality, its long-term value is reflected in the revolutionary paradigm of decentralization that empowers individuals and restores back our dignity. Now, we really are at a junction of how our future might look like.

We`re witnessing the rise of peer-to-peer organizations who have made it their priority to listen to the end-users and above all, adapting to their needs. We all know that payment for a certain service is necessary and do not object to that. But, as consumers, we wish the price of that service reflects its real value and is most of all, tailored to our personal needs.

But, insurance companies haven’t made that transition yet: either because they are too big, too traditional or just subjected to too many challenging regulations. They still spend the most money on expensive and extremely invasive methods through which they segment their customers, so they can bill them more.

The reason is perfectly illustrated in this statement:

“There is no longer any anonymity on the Web — unless we mandate it. The most personal information about your online habits is collected, bought and sold, often instantaneously and invisibly. Data collection is a business driven by profits at consumers’ expense.”
Therefore, their objective is to turn data into information, providing them with the best insight on your interests and personal behavior.

In the now, many insurtech are already challenging this rigid structure. However, InsurePal is the first industry startup fully harnessing the power of blockchain. We have decided to look on the insurance differently and put ourselves in customers` shoes.

Why should only insurances profit with our personal insight? And how can we make the process beneficent for all? The answer is social proofing. It is perhaps the most innovative model of risk selection and, when put on blockchain, it makes the need for a centralized institution redundant.

Our platform will act as a global provider of various insurance modules, based on social proof mechanics and it will represent an entry point to the entire insurance ecosystem. The social proof will be gained by receiving or giving endorsements and will also be applicable to having more than one endorses. As each new endorser also has their own social proof network, a hierarchical social proof virtual network will soon establish.

[lthird]

That's interesting... but how do you exactly are going to implement the social proof mechanism? Because if it represents the people's moral compass and this thing is completely subjective, how are gonna evaluate it? By who or what, a bot perhaps?

[hrbt]

You should read more articles

https://medium.com/@InsurePal_io



Or join Insurepal Telegram and ask there

https://t.me/InsurePal

[ghost911]

First time I see insurance based on blockchain, will follow this, nice token distribution and social, nice timing for ICO too, just in time for BTC rebirth. :-)

[matjazsircelj]

A few latest interviews with our cofounders Matt Peterman and Tom Volk in Insurance Journal Magazine:

Distributed Social Proof Insurance: The Next Industry Game-Changer? https://www.insurancejournal.com/news/international/2018/02/12/480245.htm

and

First-Hand Knowledge of Industry’s Problems Led to Idea for InsurePal’s Social Proofing https://www.insurancejournal.com/news/international/2018/02/12/480250.htm

[hrbt]

Amazing news and facts!

Keep on going team

[matjazsircelj]

From this week's community newsletter:

The last couple of months have been a non-stop sprint for InsurePal team. We`ve been working really hard to arrange offices, start recruiting processes, and align the agreements so that IPL token can start trading on more exchanges soon. In between, we have traveled around the globe to coordinate numerous projects we have put in place. Insurance is, of course, an industry that usually requires more time in agreements and we cannot disclose any details until they are finalized. However, we are committed to announcing the date of the minimum viable product, launching of new product website and presenting our future plans in more detail soon.
 
We will also actively participate in the development of identity insurance on blockchain and growing of partnerships that will strengthen the business of the crypto economy. Meet us at the events that will help us spread the awareness and grow InsurePal brand.

And, of course, you can subscribe to our email newsletter on our site https://insurepal.io/ (scroll down) and follow our announcements on Telegram https://t.me/InsurePal_announcements.

[boybadbi]

Because of ignorance of the English language, I did not fully understand the essence of your project. But there is something interesting in this, at least I have never met such ideas. I advise you to take a closer look at this product.

[hrbt]

Launch of IdentityInsurance consortium http://IdentityInsurance.org  at @DutchChain with @mattereum @InsurePal_io

[cr1pto]

New blog post: UK pilot project: We`re putting our foot to the pedal

https://medium.com/insurepal-blog/uk-pilot-project-we-re-putting-our-foot-to-the-pedal-9f0f639a6a85

Those of you who have been following us from the very beginning and are already familiar with our roadmap, know that we`ve chosen to launch InsurePal pilot project in UK. Despite the market being extremely demanding and the barriers are high, there are several reasons supporting this decision — the biggest one being the certainty that successfully entering UK benefits all other aspects of business as well.

Great job!
I am happy that you achieved that so soon after the ICO.
Can't wait for more good news

[xiao2017]

Stable and healthy rise is important

So no need for pump

We have time

Insurepal team will kickass

[Olyunya.alt]

reserved

How long have you been in the market?

[matjazsircelj]

Mattereum and InsurePal have announced the Identity Insurance Consortium (IIC) to drive insurance based identity solutions to underpin the security of commerce on the blockchain. The IIC represents the infrastructure network of services covering critical aspects needed to accelerate the adoption of blockchain commerce.

https://identityinsurance.org/news-consortium-for-identity-assurance.php

[therhslv]

Hello what was the ICO price for InsurePal in USD ? As i see its really good chance to grab some cheap Tokens , guess its Under ICO price or im wrong ? Thanks

[masstahcoiner]

Hello what was the ICO price for InsurePal in USD ? As i see its really good chance to grab some cheap Tokens , guess its Under ICO price or im wrong ? Thanks

You can check on coinmarketcap?

[xiao2017]

Check roadmap of Insurepal!  Important things will be released this year

[cryptoworld2017]

New blog post: UK pilot project: We`re putting our foot to the pedal

https://medium.com/insurepal-blog/uk-pilot-project-we-re-putting-our-foot-to-the-pedal-9f0f639a6a85

Those of you who have been following us from the very beginning and are already familiar with our roadmap, know that we`ve chosen to launch InsurePal pilot project in UK. Despite the market being extremely demanding and the barriers are high, there are several reasons supporting this decision — the biggest one being the certainty that successfully entering UK benefits all other aspects of business as well.

Great job!
I am happy that you achieved that so soon after the ICO.
Can't wait for more good news

Really nice reading of facts and what will future brings for all us investors and Insurepal project