[ANN] SafeInsure Coin (SINS)- Insurance for the Blockchain Era- POS+Masternodes

[josephbayo]

you understand, SafeInsure is a fundamentally new system that does not use the traditional process of providing insurance services. It uses blockchain technology and smart contracts that replace people, performing all the functions of a given algorithm.

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[Harold]

you understand, SafeInsure is a fundamentally new system that does not use the traditional process of providing insurance services. It uses blockchain technology and smart contracts that replace people, performing all the functions of a given algorithm.

but what about the masternodes? I heard that these are decentralized nodes that perform network security and other transaction related tasks.

[josephbayo]

you understand, SafeInsure is a fundamentally new system that does not use the traditional process of providing insurance services. It uses blockchain technology and smart contracts that replace people, performing all the functions of a given algorithm.

but what about the masternodes? I heard that these are decentralized nodes that perform network security and other transaction related tasks.

of course, they are also directly involved in this. By the way, with the help of them you can not only ensure network security, but also receive passive income. And if you are also a provider of insurance policies, then it is even better.

[Harold]

As far as I understand, by passive income you mean just the fulfillment of all tasks within the obligations of operators and the receipt of remuneration for it. What would happen if I were an insurance provider?

[josephbayo]

As far as I understand, by passive income you mean just the fulfillment of all tasks within the obligations of operators and the receipt of remuneration for it. What would happen if I were an insurance provider?

in both cases you need to have a pledge - the required number of coins of SINS on the wallet. If you were a policy provider, the operators' method would be your second passive source of income.

[Harold]

As far as I understand, by passive income you mean just the fulfillment of all tasks within the obligations of operators and the receipt of remuneration for it. What would happen if I were an insurance provider?

in both cases you need to have a pledge - the required number of coins of SINS on the wallet. If you were a policy provider, the operators' method would be your second passive source of income.

I think I understand what you mean. It will look like this: when I select insurance policies for consumers according to their chosen characteristics, they pay me for it with SINS coins that appear on my wallet. This generated income is the pledge that is required in order to become a masternode's operator.

[josephbayo]

I think this whole system looks very exciting. I have not yet come across such a case that not people, but programs are responsible for everything. What happens if there is a technical problem? Is such a problem even possible?

[Harold]

I think this whole system looks very exciting. I have not yet come across such a case that not people, but programs are responsible for everything. What happens if there is a technical problem? Is such a problem even possible?

you know, compared to the problems that exist in traditional insurance systems, the technical problem no longer seems to be something exciting. Don't you think so?

[josephbayo]

I think this whole system looks very exciting. I have not yet come across such a case that not people, but programs are responsible for everything. What happens if there is a technical problem? Is such a problem even possible?

you know, compared to the problems that exist in traditional insurance systems, the technical problem no longer seems to be something exciting. Don't you think so?

perhaps you are right, but nevertheless, I think that I am not the only user who asks such a question. It seems to me that even such advanced technologies are possible in the world.

[Harold]

I think this whole system looks very exciting. I have not yet come across such a case that not people, but programs are responsible for everything. What happens if there is a technical problem? Is such a problem even possible?

you know, compared to the problems that exist in traditional insurance systems, the technical problem no longer seems to be something exciting. Don't you think so?

perhaps you are right, but nevertheless, I think that I am not the only user who asks such a question. It seems to me that even such advanced technologies are possible in the world.

as far as I know, the blockchain cannot fail. Considering that the masternodes are responsible for the security of the network and only secure transactions are performed in this system, it is impossible even to break it. Remember that smart contracts are responsible for everything. They just can not fail.

[josephbayo]

What about the wrong step? Suddenly their algorithm will be wrong? For me, everything becomes more interesting, to be honest. I repeat that for me this platform is new to learn.

[Harold]

What about the wrong step? Suddenly their algorithm will be wrong? For me, everything becomes more interesting, to be honest. I repeat that for me this platform is new to learn.

I do not deny, for me too. The algorithm of smart contracts was prescribed by the development team, therefore, in principle, it cannot be wrong. And he also can not make the wrong move, because he, as I understand it, is driven into the blockchain.

[josephbayo]

What about the wrong step? Suddenly their algorithm will be wrong? For me, everything becomes more interesting, to be honest. I repeat that for me this platform is new to learn.

I do not deny, for me too. The algorithm of smart contracts was prescribed by the development team, therefore, in principle, it cannot be wrong. And he also can not make the wrong move, because he, as I understand it, is driven into the blockchain.

by the way, do you notice that with the advent of such a useful platform, service will be carried out more efficiently and quickly? I am sure that in time we will need several more such platforms, because the participants will become more and more.

[Harold]

about the service you are absolutely right. Also, pay attention to the availability of a portal in which users have the opportunity to choose insurance, as they say, “for themselves,” so the problem of identical insurance can be considered solved.

[josephbayo]

about the service you are absolutely right. Also, pay attention to the availability of a portal in which users have the opportunity to choose insurance, as they say, “for themselves,” so the problem of identical insurance can be considered solved.

the main thing is that all other systems also take advantage of this, because, as elsewhere, problems need to be solved not separately, but with the help of several measures. Overall, I believe that the platform is excellent for participation.

[Harold]

about the service you are absolutely right. Also, pay attention to the availability of a portal in which users have the opportunity to choose insurance, as they say, “for themselves,” so the problem of identical insurance can be considered solved.

the main thing is that all other systems also take advantage of this, because, as elsewhere, problems need to be solved not separately, but with the help of several measures. Overall, I believe that the platform is excellent for participation.

I agree with you. Fair pricing solutions, a variety of choices and thousands of suppliers offering the best and cheapest insurance are just what the insurance industry needs.

[josephbayo]

I am sure that developers will not mind creating a whole network of similar platforms. Blockchain is our future, automated processes must be present in the life of society and push technology forward.

[jajajaja]

Safeinsure a subject of debate and I think it is great. It means project does not leave people indifferent. People really want to be involved in this project and collaborate with it.

[coinminer1982]

Safeinsure a subject of debate and I think it is great. It means project does not leave people indifferent. People really want to be involved in this project and collaborate with it.

You are absolutely right about it. I think it is the main idea to draw attention to insurance industry issues. I hope this project will really change something. The insurance market is too old-fashioned.

[jajajaja]

Safeinsure a subject of debate and I think it is great. It means project does not leave people indifferent. People really want to be involved in this project and collaborate with it.

You are absolutely right about it. I think it is the main idea to draw attention to insurance industry issues. I hope this project will really change something. The insurance market is too old-fashioned.

Of course, traditional concept of commercial activities are insufficient in current market conditions. That’s why this project could change a lot. I really hope that this project could find its certain niche.