Below is an excerpt of Amity’s summary of the Etherisc ICO Whitepaper:
What is the Etherisc ICO?
Etherisc is a decentralized insurance protocol designed to build insurance products collectively. Etherisc uses blockchain technology to increase efficiency and thus cut costs and ideally increase payouts with the insurance scheme. The project aims to offer insurance against flight delays, hurricanes, cryptocurrency losses through theft, collateral protection on crypto-backed loans, crop insurance, social insurance, and more. The flight delay app is reportedly the first decentralized insurance scheme and is fully licensed and live with 100 paying customers on the app. The protocol enables anyone to come along and build and initiate their own insurance applications in an effort to increase the fairness and transparency of the insurance sector, rebalance the amount of money received by insurance companies compared to the user funds spent on insurance policies, enable lower operational costs, and make the purchase and sale of insurance more efficient.
How does Etherisc work?
Learn more here - https://amity.io/blog/etherisc-ico/
Forum rules
Due to incessant ICO threads being posted in the Altcoins sub-forum, all ICO Announcement threads must be posted only within the 'ICO Announcements' sub-forum; posting ICO threads elsewhere is no longer permitted. Any ICO threads posted elsewhere will be moved, and continuing to flout the rules will result in your account being banned.
Bitcoin.com is not responsible for any of the ICO's posted or promoted on this forum.
Users are responsible for their own safety and security on any link they choose to click on, or external site they wish to engage with.
None of the ICO's linked anywhere on this forum are endorsed by Bitcoin.com; users must do their own due diligence on any company / site linked to within this forum.
Due to incessant ICO threads being posted in the Altcoins sub-forum, all ICO Announcement threads must be posted only within the 'ICO Announcements' sub-forum; posting ICO threads elsewhere is no longer permitted. Any ICO threads posted elsewhere will be moved, and continuing to flout the rules will result in your account being banned.
Bitcoin.com is not responsible for any of the ICO's posted or promoted on this forum.
Users are responsible for their own safety and security on any link they choose to click on, or external site they wish to engage with.
None of the ICO's linked anywhere on this forum are endorsed by Bitcoin.com; users must do their own due diligence on any company / site linked to within this forum.
Who is online
Users browsing this forum: No registered users and 1 guest