InsureX - Secure Market For The First Insurance Based Blockchain System

in crypto-news •  7 years ago  (edited)


What is InsureX (IXT)


InsureX is a market created for the insurance sector and is supported by blockchain where insurance and reinsurance and trade in insurance products can be connected. So InsureX later in use as transaction fees and services offered by the platform. Insurex's market target is to provide insurance and insurance services and in the future may also issue some other special services.


Insurance markets are often traded manually and with multiple layers of intermediaries. Inefficiency, this has pushed most insurance institutions to seek leaner options based on technology. InsureX solves this problem by providing a fast, reliable, and straightforward way for market participants to do business together. Our platform will support their end-to-end secure processes as well as reduce their overall cost.


Opportunities Working closely with some of the world's largest insurance and reinsurance companies, we are well positioned to create new alternative insurance markets. There is a huge demand for innovative technological and technological change. The solution Takes insurance, reinsurance and brokers together to produce an efficient, cost-effective and transparent marketplace. By avoiding intermediaries and manual delays, we offer a strong alternative market.


Insurance Explanation


As we know Insurance is very important in our lives and has considerable benefits. Insurance acts as a transfer / risk transfer mechanism, ie transferring risks such as providing financial security facilities and peace of mind from one party insured to the insurer.


However, this means that insurance companies can eliminate any misfortune you have. However, with the insurance, the risk of large losses due to the occurrence of a disaster can be minimized because previously you have invested in protection by paying a premium.


Insurance products are financial products that are useful to protect you from the risk of financial losses that occur in life. Related to it tesebut, insurance protection will certainly make you think more calm and able to work optimally. Who can imagine a time when our house suddenly fires, or you have certain diseases that require treatment at a cost that is not cheap. Can not it? All these risks must be managed to avoid financial losses. So buying an insurance policy is the most appropriate choice. Well here are some examples of existing insurance. Among health insurance, life insurance, car insurance and property insurance



Some features provided by InsureX


  •     Buy and Sell

    Insurance Companies that have insurance products they want to sell will include them in the market. Companies that want to buy insurance will use a search or get a notification list.


  •     Portfolio management

    To manage your transactions, they get a structured portfolio. High-level aggregate information is available for transactions.


  •     Transaction Execution

    When suitable insurance products are found, participants begin the process of exchanging the information they need. Each step is tracked on the platform.


  •     Market Insights

    To see what's on offer, and gain an understanding of the market, a rich and powerful dashboard gives you real-time views.


Structure of Crowdsale


  • Crowsdale will be starting on 11th july and ending 31st july
  • Crowdsale pool: 100,000,000 IXT
  • Available: 30,000,000 IXT
  • Minimum Target: 2,222 ETH
  • Maximum Target: 88,888 ETH
  • 1 ETH = 1,125 IXT


For more details on InsureX please visit some of the following website addresses:

InsureX.co Website

InsureX.co Whitepaper

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Author : adeandrian 

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