InsurChain Logo

InsurChain

Trade

Find the exchange with the lowest fees, best methods for depositing or your geographical area and start trading InsurChain

See all exchanges
OKEx Logo

OKEx

4.07 based on 138 votes
Bithoven Logo

Bithoven

3.6 based on 420 votes
DigiFinex Logo

DigiFinex

2.89 based on 182 votes

Shop

So you've made a little InsurChain and now you want to spend it? These are the places to do it!

See all merchants
ProfitTrailer Logo

ProfitTrailer

4.25 based on 57 votes

Hodl

Find the wallet that suit your security, ease of use and anonymity needs for InsurChain.

See all wallets
Ledger Nano S Logo

Ledger Nano S

3.78 based on 156 votes

Review

Learn more about InsurChain.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of InsurChain.

Being an integral part of the financial system, the insurance business is an enormous component of every market globally. Although traditional insurance companies have been around ever since, it’s still a fast growing industry with unhinged market potentials. Global premium income in this industry is estimated at approximately $4.8 trillion. Global insurance business has a year-on-year CAGR of 4.8% and emerging markets in Asia are eclipsing that average by far. China, for example, has seen a growth rate of 23% in 2017 alone.

So, what are the main challenges for this industry? First off, it’s riddled by intermediaries. Secondly, the market has little trust in developed markets due to false marketing and misleading information, and on top of this, data protection is lacking. Lastly, the market is not progressing at the same digital innovation rate that other Fintech markets are seeing. Well, if you’re an avid blockchain enthusiast, you might have guessed it already; Blockchain solves all of the above mentioned problems, and this is where InsurChain comes in.

InsurChain, developed by Singaporean-based XLAB Foundation Ltd, a non-profit organization. Their main goal? To become the global leading provider of blockchain infrastructure for all different insurance markets. Quite the undertaking! Early stages of the token will be released as an ERC20, and once their proprietary blockchain is fully developed they will migrate the infrastructure. The token will serve 2 purposes: the first is for users to acquire products and services and the second is purely a digital security asset.

There countless aspects of benefit from the InsurChain vision. As the market suffers from innovation stagnancy, InsurChain will surely leverage the blockchain for the better against their not-so-tech-savvy competitors.

 

***

Finally, if you have concluded that this is the coin for you, congratulations! Buy Metronome here.

Good luck!

InsurChain Review
Cryptowisser – Your Trading Cryptocurrency Guide