[] THE FUTURE OF INSURANCE []
About Vernam
Our goal is nothing less, but to revolutionize the insurance industry! We are the first company in the world ready to implement a high-end technological solution which will dramatically lower the cost of insurance services while making the business way more efficient and friendly for all parties-from End Clients to major Insurance Companies!
For this purpose we developed Vernam! A decentralized platform, based on blockchain technology, connecting various stakeholders in the insurance industry – customers, brokers, and insurance companies, which will use blockchain technology to make the insurance process less costly, fully transparent and much more convenient.
For this purpose we developed Vernam! A decentralized platform, based on blockchain technology, connecting various stakeholders in the insurance industry – customers, brokers, and insurance companies, which will use blockchain technology to make the insurance process less costly, fully transparent and much more convenient.
The insurance industry is one of the largest and important
industries in the global market. But it’s very rare that the insurance
companies use modern technology. Most of the world largest companies still
depend on the insurance brokers. This procedure involves high commission cost
and less transparency. Vernam has addressed this loophole in the insurance
industry.
Vernam is a Blockchain based decentralized platform which
connects different stakeholders including customers, brokers and insurance
companies in the insurance industry. This will transform the insurance industry
into a less cost and more transparent industry. Varnam grants following
benefits for its users.
Zero commission service – This platform removes the agent
involved in the insurance industry. That automatically removes the necessity to
pay commissions.
Improve the security and transparency – Blockchain
technology is an excellent mechanism for transferring and securing funds. It
also facilitates to complex multi-party agreements. As no intermediaries
involved, participants can sure that their information is not manipulated or
tempered.
Lower insurance premium – Blockchain keep secured records on
client’s insurance history, which can be used to optimize the risk assessment.
This will reduce the insurance premium.
Public-private section – The platform will have a public and
private section, which provides insurance related information. Private section
enables client to purchase insurance products through smart contracts.
Vernam uses Vernam tokens (VRN) backed by Ethereum network,
as their official currency within the platform. VRN is the cryptocurrency that
would be accepted and used by the clients, insurers, brokers and all the
participants of the platform.
This currency not only facilitates the insurance trade but
also facilitate for distribution of rewards and incentives.
Vernam expects to allocate the total of 1 Billion VRN tokens
among the stakeholders as follows.
50% will be distributed through public token sales
20% will be reserved in the Cryptosafe insurance fund
15% will be allocated to founders and team
7% will be allocated among advisors and the ambassadors
Remaining 3% will be distributed through the bounty programs
Vernam concept was born in 2017 and they have started the development
from 2018 February. Currently, the team works to achieve following goals.
March 2018 – Launching the token sale
Quarter 3,2018 – Listing on a crypto exchange
Quarter 4,2018 – Launching and testing the platform
Quarter2,2019 – Entering into the first smart contract and
launching a mobile app
2020 – Entering the European market
The team comprises with highly qualified and experienced
professionals in legal, financial, technology, online communication, and
insurance trading. Following is a small explanation on the Co-founders.
Please
visit their website or see the white paper for more details.
Website :
Roman Angelov – CEO
Roman is currently reading for his Ph.D. and expert in IT.
He is the CEO of Dimiroma Group, a leading Bulgarian consulting company in IT
and digitalization.
Ivan Georgiev – COO
Ivan is the founder of successful mobile app Development
Company and acts as a director of one of the biggest holding in Bulgaria.
Dimitar Mitrev – CBDO
Dimitar possesses experiences in creating and managing
different B2B IT projects. He is the CEO of Deafor.
FOR MORE INFORMATION ABOUT VERNAM-PLATFORM
Vernam - Telegram group
Vernam Official - Twitter
Vernam - Facebook
Read Vernam–Whitepaper: Click Here
Author: Marksmanio
BTT:
Vernam
Reviewed by Micheal
on
April 20, 2018
Rating:
Reviewed by Micheal
on
April 20, 2018
Rating:
No comments: