THE ASURE DECENTRALIZED PENSION SYSTEM INCENTIVE MODELS.
This decentralized system does not include age administration and therefore keeping away from fraud and evidence. The time, however, is divided into periods, where one period is a month, and within each period deposits can be made. For each period, a target price is put in place, and it can shift if the median of the deposits from the earlier period has a huge difference to the target price. If the maximum number of periods has been paid in, then the maximum number of pension payments is possible. If every person leaves the system, the last participants are rewarded more, and this guarantees the system remains lucrative. With no participants in the pension system, it is set to its commencing state again.
Benefits.
Independent Crypto Pension has numerous merits, and the intergenerational contract allows inflation security. Its also sovereign and decentralized according to the DAO idea. There is no intermediary involved. More importantly, privacy on the system is secured since no personal data is required to become a participant of the system. Lastly, transparency is at its best since all transactions are on the blockchain platform, and it is also open source.
ASURE PLATFORM FUTURE WORK.
Asure project already has ongoing projects, which are:
• Plasma MVP implementation.
• Mobile Application (Android, iOS)
• Decentralized social security system research.
• Asure-in-Ethereum interface contracts and protocols.
• A full implementable Asure protocol specification.
Asure considers the work they have already presented to the world as a starting point for future research on decentralized social security systems.
ORGANIZATION.
The Asure Foundation is a non-profit organization which is based on three major pillars: innovation, collaboration and research with a community of members involved in research and development for newly developed solutions created on the network, blockchain and platform to design solutions of blockchain with social security and insurance systems in a DAO manner.
With a team comprised of technology researchers as well as insurance experts, it’s a guarantee that the Asure platform is a force to reckon with.
CONCLUSION.
Finding functioning scaling solutions regarding blockchain systems is a broad topic that requires more research generally. However, Asure research shows that efficient solutions to enhance or even replace existing systems can be created by using blockchain while maintaining financial and socio-cultural benefits. Plasma has the possibility of working as the technological scaling base particularly for social security systems based on blockchain.
The future of social security and insurance will no doubt be defined by blockchain technologies in a decentralized manner, creating a whole new experience geared for the digital world. This can all be attained by using a decentralized blockchain platform as the foundation for creating a network, blockchain, platform, and protocol to tackle any kinds of risks in the world.
This whole concept of incorporating blockchain into social security systems is one of a kind and provides great potential to improves the lives of millions of people globally. If successful, it would bring more trust, satisfaction, freedom, and peace worldwide. Asure is exceptionally suited to serve as a fundamental platform for an enormous number of social security solutions in the years to come.
Join the Asure token sale and participate in this journey to create a success story through revolutionizing how social security works in our new digital era.
🔗 WEBSITE: https://asure.network
🔗 TELEGRAM: https://t.me/AsureNetwork
🔗 WHITEPAPER: https://www.asure.network/asure.network.whitepaper.en.pdf
🔗 FACEBOOK: https://www.facebook.com/AsureNetwork/
🔗 TWITTER: https://twitter.com/AsureNetwork
🔗 MEDIUM: https://medium.com/@AsureNetwork
🔗 REDDIT: https://www.reddit.com/r/Asure/
🔗 LINKEDIN: https://www.linkedin.com/company/asure
🔗 YOUTUBE: https://www.youtube.com/channel/UCa3AMvXEwfOkgjih2ESuhSQ
🔗 TGE PAPER: https://www.asure.network/asure.network.tge.en.pdf
★ Author: jamesndungu1
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
★ All Images credited to ASURE OFFICIAL WEBSITE
