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Whitepaper InsurePal

Distributed social proof insurance

InsurePal is a next generation of peer-to-peer insurance based on social proof endorsements, fully harnessing the power of blockchain innovation. The platform will serve as a replacement for insurances as we know today and offer a completely new type of coverage for areas of life and business that began to emerge with the evolution of blockchain, starting with the insurance of blockchain business transactions. The innovative approach has been filed for patent protection in US and worldwide. Social proof is an in-built mechanism within all of us, representing people`s moral compass. InsurePal embeds social proof in form of financial commitment. The endorser who financially guarantees for someone has to use its own diligence when providing the guarantee to at the risk of losing their money. Through such endorsements, the network in whole becomes more risk aware. The platform will work as an dAPP for B2C customers and as a service for B2B partners that will resell social proof insurance by using InsurePal solution.

3.8
17 16 expert ratings
Benchy 3.0
KYC
Experts
4.6
4.2
3.4
Review: coming soon PRO
~$18,000,000
value of tokens sold in ICO
Ended
Token
IPL
Type
Price in ICO
0.1000 USD
Country
ICO start
16th Jan 2018
ICO end
16th Jan 2018
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