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July 16, 2018, 08:46:07 PM |
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I found a really good ICO - Socratus. It is an insurance ecosystem which provides a digital platform with instant claim payment products for insurance companies, so any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. In my opinion, it is good that they work with different kinds of insurances such as property, flight delay, cyber insurance and the core aim of the project is to help insurance companies to save their money and get their business on a new level. Like, they can help the insurance company to lower expenses from 15% to 25% on claims handling and operational expenses. Moreover, they powered by Smart-contracts & Socratus Oracles. It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures. I think this is really cool and it seems like an innovative and demanded project.
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