[ANN][ICO]SURETY.AI : Smart Micro-Insurance for the Unbanked on Blockchain

[hua_hui]

It is true that the insurance industry is a big industry with lots of potential. It would make sens to use some form of making the workflow easier but I do not necessarily agree with tokens becoming tender to use to buy things with. There are too much volatility going on in crypto for stable retail type payments apart from maybe a handful of coins out there.

Then also why do you want to burn tokens for PCT? Isnt that becoming a bit complex especially if you are targeting unbanked? Unbanked might not be crypto savvy.

Exactly because of the possible price volatity, we created PCT which is a non-tradeable token that is pegged to the local currency.  PCT is used to purchase insurance and hence the consumer is not exposed to crypto fluctuations.

For the unbanked, they can purchase PCT directly and a corresponding value of SURE token will be burnt on their behlaf by our inhouse mechanism.  In this way, the non crytpo-savvy consumer does not need to understand crypto in order to purchase insurance.  For insurance companies who are using our SURETY.AI, SURE token allows them convert SURE into PCT for all the utitilty and benefits (such as storing insurance contracts), or liquidate SURE in the market if they not longer require the service.

[1714863050]

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[1714863050]

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[magisterr]

Partnering with IBM? This means, that Surety will used IBM program for AI technology? How tokens will be used in this project?

Qns: Partnering with IBM? This means, that Surety will used IBM program for AI technology?

We are an official business partner of IBM where we use Watson as part of our AI technology layer in SURETY.AI, and do joint marketing with IBM.


Qns: How tokens will be used in this project?

With SURE Tokens, insurance policies and claim transactions can be stored on our chain, benefiting the unbanked and other participants of the ecosystem.  Among the token utilities are:

1. Insurance contracts: Insurance policies are stored on tokens and it is proof of insurance during claim. As these are immutable contracts, it fosters trust and security among insurer, re-insurer and the insured.

2. Insurance data: Unbanked consumers can use tokens to access their data for policy payment and claim information. This information form their credit history to gain access to financial services like loans from banks

3. Security and fraud prevention: Insurers use tokens to store claims data to avoid duplicate claims and insurance fraud. Blockchain’s immutable recording system can help insurers avoid claims leakage and lower loss ratio. In this way, premiums for micro insurances can be even lower for the unbanked population.

Please refer to our whitepaper for all the use cases and benefits of our tokens.  Thanks!

Thank you for detailed explaine. Can you ask devs about № of partnering with IBM? They can post this on their site and people can see as evidence of this.
Ill read their whitepaper. it looks like PolicyPal competitor? 

[frommolo]

Hmmm, interesting project, but I'm reading a lot about micro-insurance and can't understand how it will work on blockchain

[btcpara]

if there are hua_hui . dont afraid. he is the best bounty manager. i only trust him. good project

[gamezal]

if there are hua_hui . dont afraid. he is the best bounty manager. i only trust him. good project

100%

[bigdude]

With this strong and good team this project seem very good and potential.
will it request to do KYC and whitelist register before can join their token sale, please?
btw, will Surety run a bounty program?

[BitbonSpace]

Hi!
What's the soft cap and hard cap, how much you plan to raise?

[lilaj4de]

With this strong and good team this project seem very good and potential.
will it request to do KYC and whitelist register before can join their token sale, please?
btw, will Surety run a bounty program?

Well, if you're going to look at the latest ICOs created and run lately, almost everyone requests KYC, and I think Surety should also apply.

[magisterr]

Hi!
What's the soft cap and hard cap, how much you plan to raise?

Im also cant find. They have 200 mln (from 500) tokens for sale. 100 mln for private and 100 mln for public sale. But I cant find tokens price... And the date of sale still not announced?

[Humulus]

in your road map, I saw that in May you have a private sale of tokens. will you conduct an open sale of tokens? and will you expand your road map?

[casisnmk]

Introduced in Korean
http://newsforall.tistory.com/36
Nice Project!

[Gabriellla]

Really good project guys. I hope it success. Good luck.

[magisterr]

in your road map, I saw that in May you have a private sale of tokens. will you conduct an open sale of tokens? and will you expand your road map?

They will have. On the site says, that 100 mln tokens intented for private sale and 100 mln for public sale. But still no information about date...

[laeliaolson]

This will be a very interesting project to follow,  blockchain based artificial intelligence (A.I) platform for insurance companies. Do you have a bounty campaign for this project Sir?

[lovewatchingfilm]

is there any bounties planned for this project?

[miejokky]

Projects on health insurance are successful. And then there is artificial intelligence connected. Behind him is the future. And what exactly will he be doing?

[Epsky012]

i hope this project will success .. IBM partnership .. the big company since i was young untill now hhahha .. i support this project ..

[iram3130]

Is there any soft cap for the project.?
What is the price of the token.? When is the token sale.?

Some important things are missing from OP.

[smithnumberone1]

how this project tomorrow will work out whether this is a kind of project for family or public

[Janasey]

This is a good idea, we need such exchanges, I will follow you!
Egretia