Insureum (ISR) Coin Complete Detailed Review

Abstract

Insureum Despite the insurance industry’s success over the last 30 years, it has never been a technology leader. Finally, with the Protocol, the insurance value chain will become cost efficient and simple, and create larger value in the insurance industry by enabling transactions between stakeholders. Insurance companies, policyholders and 3rd parties alike can all make transactions according to their own competencies, and all excess value (created from the transactions) is shared based on their contribution. Zikto started negotiations with insurance and financial institutions in 2015, concerning the gathering and processing of lifecycle data. It was these new connections that led Zikto down the path toward changing their focus as a company.

Introduction

Insureum The Zikto team realized that a lot of players in traditional finance-based sectors have a strong initiative to understand their current and potential customers. A data-gathering intermediary can be a real asset for these sectors to understand their target audiences. With reliable data, they can develop better products that are customized, digitalized and more cost-efficient. However, it is very difficult and costly for these sectors to gather this data by themselves. It requires a significant investment of time and money to develop and integrate such a system, market it to the public, manage the data gathering processes, and analyze it. The Challenge, Zikto’s data integration platform, bridged the gap nicely by providing data and analysis gathered from various smart devices. Zikto secured a number of sales agreements and ongoing negotiations with global insurance companies, as The Challenge offered a good value-for-price

Insureum Basic Point Table

Team

Who Founder ?

Insureum Currently, many of the apps that gather user data via IoT devices don’t appear to have proper business models through which they may easily and quickly monetize this data. Using =and The Protocol, app and API developers may be able to create and maintain a variety of new programs based on requests from insurers. The Protocol could be used by both insurance companies and developers to exchange apps and/or data in a turnkey ecosystem, with limited difficulty and costs due to transactional or trust issues, as all transactions will be based on and on a blockchain.

ISR Price Live Data

The live Insureum price today is $0.007100 USD with a 24-hour trading volume of $1,359.83 USD. We update our ISR to USD price in real-time. is up 12.74% in the last 24 hours. The current CoinMarketCap ranking is #5939, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.

Insureum Protocol

Insureum Traditional insurers appear to lack any significant capability to develop digital-based products for emerging needs, like usage-based or digital insurance products, as such development requires more diverse data from policyholders. As shown in the diagram above, insurers lack communication with their users, especially during the product management process of their value chain. This is mainly because of their old-fashioned product development models. Insurance products are not well-aligned with the changing needs of the customers, especially for those in younger age groups.

Insureum Token

Insureum Dynamics Thanks to smart contracts on the blockchain, payments can be immediately issued once certain parameters are met. This is something that was impossible before without lengthy review processes. token is a tool used by nodes / participants to access the value chain and create disruptive insurance products. Consumers can pay their premiums with cryptocurrency at any insurance company.

Governance

Initial governance of the Insureum Protocol will be under Zikto PTE Ltd., a private limited entity incorporated in Singapore. Eventually, where permitted by relevant laws and legal requirements, – Zikto plans to migrate governance of the Insureum Protocol to a Decentralized Autonomous Organization (DAO). However, whether this is permissible and how this can be accomplished is uncertain and Zikto has no obligation to carry out any such migration.

Disclaimers:

Insureum tokens may only be purchased pursuant to the Terms of Sale of the Insureum token sale. If any of the risks described above and/or other additional risks presently regarded to be immaterial actually materialise, the commercial viability of the Insureum project and/or the Insureum Protocol may be materially and adversely affected. These risks could result in the failure of the sale of the token, the destruction of the Insureum token and/or the termination of the development or operation of the Insureum project and/or the Insureum Protocol.

Faq Of Insureum