InChain's Cryptocurrency Deposit Insurance Fails To Launch
Blockchain companies struggle to get on the insurance market. InChain, a decentralized insurance platform based on Ethereum smart contracts, has announced the closure and failure of its Initial Coin Offering (ICO) after it couldn’t raise the desired funds.
Bitcoin's Revolutionary Power In Finance
Ever since the birth of money, economies have controlled nearly every aspect of human life. Money is power, and escaping that principle is nearly impossible unless you want to live in the wild. Honorable, civil-based economies have historically forged the backbone of the most powerful nations on Earth. Without this willing deception to believe money has value—just like any physical product or service—there would be no complex markets to foster innovation.
Could Blockchain Unlock Doors For Insurers?
Does the use of Blockchains grant the ability to heighten security, improve customer engagement and provide automated insurance services? If so, then the benefits seem incontrovertible.