From the gold rush in past centuries to the modern crypto mining, recently, the sales of a product of “Million Dollars of Anti-Cancer Mutual Aid” has been extremely popular. It is free to join for covering up to millions dollar healthcare, and the value is very high.
Once launched, it has won praise from consumers. However, while this product is widely accepted, it has also been questioned: is the Huabit community driven? What is the relationship between Huabit Mutual Aid and Huabit Public Wellbeing? Is the protection of buying on the blockchain guaranteed? Can miner get claims normally? ...
In response to these questions, the reporter interviewed senior practitioners in the risk industry and internal advisor of the Huabit mutual community in an effort to answer questions for users.
According to information resources, Huabit is a decentralized open platform for life risk-sharing created by anonymous blockchain geeks in 2019. It is a global mutual and cooperate economic community. Huabit takes the vision of “one helping others means to help oneself”, and the service concept of “helping users to achieve cost-effective”.
Industry insiders pointed out that the risk-sharing community is not an insurance company that does not produce insurance products, but an intermediary service platform that specializes in consulting and selling risk-sharing services and measuring and evaluating the value of products. The qualification certificates of mutual helpers are issued uniformly using smart contracts, and their auditing requirements are also very strict. The community is formed by all members who are believing in blockchain with “Code is Law”.
One of Huabit members and partners introduced this to reporters: Huabit created a new model of life risk-sharing blockchain ecosystem, which can be simply understood as a global social enterprise. Dozens of mutual assistance communities have entered Huabit ecosystem, Huabit uniformly recommends qualified advisors to users and provides full-process services.
The advantage of this model is that it breaks the traditional model by adopting blockchain decentralized high technology. The project team repeatedly polished the product to maximize the cost-effectiveness of the product, benefiting nearly 20 million users of the Huabit Mutual community.
The Huabit Mutual Aid, which is part of the Huabit, also owns the other two parts of Huabit Public Wellbeing and Huabit Education. Due to the widespread recognition of the Huabit dapp, many users may have the wrong perception of "fundraising platforms selling insurance products". In fact, Huabit Public Wellbeing, Huabit Mutual Aid, and Huabit Education are three distinct areas in the one. Together, they have established a new global ecosystem of risk-sharing: “pre-risk cooperating + post-risk giving + beneficiary educating”:
Huabit Mutual Aid (pre-risk cooperating) is a blockchain risk-sharing platform for global members. Members join the community in accordance with well-established rules to jointly protect against cancers and unexpected risks.
Huabit Public Wellbeing (post-risk giving) is a blockchain donation platform for individuals seeking help from economically and seriously illness. By the end of September 2022, nearly 280 million caring people have supported the platform.
Huabit teaches individuals to achieve success (beneficiaries educating). It provides all kinds of assistance to beneficiaries. It also belongs to the post-risk line. Mutual aid with Huabit can be used to superimpose layer without conflict.
Read more at
- https://huabit.net.
- https://www.reddit.com/user/huabit88
- https://github.com/hbtcoop
- https://www.twitter.com/huabit1
- Telegram: t.me/huabit
- Wechat: huabit88