Hello, everyone? on this occasion I will discuss a little about the latest cryptocurrency named Umbrella Coin. Yes, Umbrella which if translated into the Indonesian language is Umbrella. The philosophy can be embodied or protect, this is just according to my observations
Umbrella Profile
Umbrella is a pioneer in the insurance industry revolution committed to changing the insurance service system to be easier, cheaper, safer and transparent. Umbrella uses Blockchain-based technology so that everything is operated centrally and transparently.
Reasons for Choosing Umbrella
Umbrella launched to overcome and answer the existing problems in the insurance industry today. Some of the reasons that support you switch to Umbrella include the following:
- With umbrella you will pay a low cost because you can buy insurance policies directly without going through an intermediary or agents.
- The system used Blockchain-based Umbrella which means that all of its operations are very practical, transparent and decentralized.
- You will no longer get a rejection of the claim you submitted. Everything will go better than the existing insurance companies today.
- Security is guaranteed because the Umbrella party will add Authentication and Security Devices to protect user accounts and personal information during the claim process.
- The claims process will be done quickly with unconditional uncomplicated like an insurance company that already exists today.
How it Works Umbrella
As I explained above that Umbrella is run using Bockchain technology so it will make this system easier. For each transaction Umbrella party will issue a currency with Umbrella Coin (UMC). With this coin then all the existing transactions on the Umbrella becomes easier.Umbrella Coin (UMC) has a certain exchange rate (price) so that this coin is used in addition to transact in Umbrella also you can exchange with coins issued by other companies.This means that you will get another advantage that the exchange rate of UMC coins are increased .
Benefits you can get if you invest here are:
1. Health insurance, money insurance coverage, and other benefits in accordance with the benefits of insurance
2. Make every policyholder will feel safe and comfortable when something happens to him, so you do not need to think about the cost altogether
3. Umbrella Coin simplifies the process in the insurance sector for policy holders
4. Policyholders are guaranteed security
ROAD MAP
Urgent handling frameworks, sequences and variants area unit unambiguously determined and depend upon structures that area unit internally outlined by the UMC team and unambiguously approved by partners (investors) further. this is often as a result of at UMC, making a profit package ultimately means that building floating or flat networks engineered on prime of the network to grow in an exceedingly proportional worth pure mathematics and adding a novel set of funds to payments whenever thought of by shareholders and joint partners. This vital payment is increasing in UMC network and its structure is growing completely. As a result, the profit package regulation ultimately permits coin holders to learn from creating claims. this suggests that each time a claim is formed, the claim is paid through the UMC network in an exceedingly floating state. Country is outlined by the UMC network team.
The team at UMC has created this framework to create next-generation patterns and models for general risk management and edges. moreover, to see this claim, disposal claims and financial gain claims area unit additional invested with consistent with the property (Real Estate) of casual and life / health premiums through disbursement of prices to policyholders. Thus, UMC opportunities and frameworks area unit wont to empower and assist people with monetary redemption. this is often the goal of UMC, not like alternative ancient corporations that take from you and area unit solely curious about your cash.
UMC defiles that approach and provides you with protected wealth and additionally growing money metrics to stay you protected throughout tough times. this is often done on the UMC framework by utilizing blockchain technology in enabling distributed frameworks and networks achieving trust by the same means. this is often done noticeably with science cryptography of funds transfer while not the likelihood of interference from third parties. it had been designed and has been engineered by a team of 2 (2) decades victimization the blockchain paradigm to bring hope and smile.
ICO Crowdsale Information Started August 20, 2017 12:00 UTC ICO Ends Date: 20 September 2017 12:00 UTC UMC Token Issue: 100,000,000 Tokens Exchange Rates: 600 UMC = 1 ETH Bonus: In the first two days, participants will earn 20% Bonus token bonus : 1,200,000 Token (1.2% of total token amount) Token distribution rules: 68.8% (68 million tokens) will be available to participants. 20% (20 million tokens) will be used to build the initial float pool. 10% (10 million tokens) will be distributed among team members (developers)
Useful Links
Website: https://www.umbrellacoin.org
Whitepaper: https://github.com/umbrellacoin/umc/blob/master/documents/UMC.pdf
Twitter: https://twitter.com/umbrellacoin
Reddit: https://www.reddit.com/r/UmbrellaCoin/
Discord: https://discordapp.com/invite/mwKSgTK
Blog: https://medium.com/@umbrellacoin
Facebook: https://www.facebook.com/umbrellacoin/
Bitcoin Profile: https://bitcointalk.org/index.php?action=profile;u=663953