Bee Token Partners With WeTrust To Strengthen Insurance Offering In New Home-Sharing Network Powered by Blockchain
SAN FRANCISCO, Jan. 26, 2018 (GLOBE NEWSWIRE) -- Bee Token, a San Francisco-based startup utilizing an ERC-20 utility token for its Beenest decentralized home-sharing network, announced a new partnership today with WeTrust, a blockchain-based platform for financial empowerment, to provide a decentralized insurance layer based on crowdsourced security deposits for Bee Token users, and improve risk assessment capabilities by integrating user history on the Beenest platform. Bee Token and WeTrust will collaborate to incentivize good behavior among users by sharing information around trustworthiness and creditworthiness, thus minimizing risks associated with property damage to hosts’ rentals at cheaper insurance rates that cover both property and/or furniture damage.
https://globenewswire.com/news-release/2018/01/26/1313129/0/en/Bee-Token-Partners-With-WeTrust-To-Strengthen-Insurance-Offering-In-New-Home-Sharing-Network-Powered-by-Blockchain.html
Topic: [ANN] [TRST] WeTrust - For the People, By the People! - page 51. (Read 275509 times)
I could see we are still in the early days of Wetrust. The speculation that P2P lending could fail or be a success remains a speculation. However, blockchains are a useful tool for such financial services. And we are about to find out.
The pace of dev is really slow. I hope the partnership is with some private banks or lending groups which can rely set some circulation of coins in motion. 
I could see we are still in the early days of Wetrust. The speculation that P2P lending could fail or be a success remains a speculation. However, blockchains are a useful tool for such financial services. And we are about to find out.
I'm confident the team will be able to overcome the challenges. For now, It's still at early stages and at such its high experimental. But blockchain has a lot to offer to the finance industry. We won't know until we try it out. Thanks to Wetrust for being one of the pioneers.
I could see we are still in the early days of Wetrust. The speculation that P2P lending could fail or be a success remains a speculation. However, blockchains are a useful tool for such financial services. And we are about to find out.
looking forward to the project !
The shifting of the news to friday is a bit of setback to the hodlers but i think the team should come back with a bang to ensure everyone gets to see the wetrust price back to upwards of 1 dollar.
That would be good for those who haven't buy TRST yet, it's the right time to buy now as when the news will came out for surewe will see a real bang which would move the price to not just $1 but more than $1, we know here in crypto the hype is really big, anything can happen.
The shifting of the news to friday is a bit of setback to the hodlers but i think the team should come back with a bang to ensure everyone gets to see the wetrust price back to upwards of 1 dollar.
This whole page is full of very interesting opinons of two sides. In the end I also will add my opinion in the favor of those they say it isn't important who is first mover or who came out with idea but important is who handles the things more better way with highly management skills and abilities. Financial activities is name of management and planning is equal to success.
I speak about business with normal return, not about charity^^^ in p2p most of lending is /was without collateral (salt and btcpop have collateral). bancrupted - btcjam, bitlendingclub - was lending without collateral, getline - trust based lending. Verification and collection is an issue, not only collateral
main issue is verification and especally huge issue is debt collection. Billions of $ in defaulted loans and nobody doing collection
Microlending in poor countries was a success! Imagine lending without collateral. The secret to their success was using a trust network. A newbie borrower gets to borrow small amounts and when he repays consistently, he's allowed to borrow more. Of course, before he can borrow initially, a testimony of his good character by his neighbors or colleagues are required.
main issue is verification and especally huge issue is debt collection. Billions of $ in defaulted loans and nobody doing collection
that is stolen idea(trusted circles) or just reused from getline.in ? btw - already proven that working hard if working at all
In that case, do you think wetrust will go down in the long run? all have their own ideas and may match with some, only the execution matters at the end and this will happen with wetrust.
yes, could be. IBM copied Apple PC and got success, then apple won vs IBM pc business. Yes, could be that wetrust will do things better. Just saw how getline tried to put this idea into life for several years.
About future? I told already - p2p is an area of hard profit. especially crypto related p2p. HODL gives much better roi than p2p. just my opinion. I am in p2p lending since 2013.
Maybe but p2p lending requires more regulation or "smarter" smart contracts. The default rate is still so much higher than in the traditional banking business.
that is stolen idea(trusted circles) or just reused from getline.in ? btw - already proven that working hard if working at all
In that case, do you think wetrust will go down in the long run? all have their own ideas and may match with some, only the execution matters at the end and this will happen with wetrust.
yes, could be. IBM copied Apple PC and got success, then apple won vs IBM pc business. Yes, could be that wetrust will do things better. Just saw how getline tried to put this idea into life for several years.
About future? I told already - p2p is an area of hard profit. especially crypto related p2p. HODL gives much better roi than p2p. just my opinion. I am in p2p lending since 2013.
By trading point of view this token is available at very attractive price. Majority of people here are traders and have goals on short termed to make some profit and move on to next and then come back to those project at lower rates. Trst token can easily doubled from here within couple of weeks.
that is stolen idea(trusted circles) or just reused from getline.in ? btw - already proven that working hard if working at all
In that case, do you think wetrust will go down in the long run? all have their own ideas and may match with some, only the execution matters at the end and this will happen with wetrust.
It is difficult to predict price for a functional lending platform but we can compare it to others. There are in market other service providers and their tokens have value much more high than TRST token. This is real project with strong technical support and advisors so sky is the limit.
why so difficult? lol.
Bitbond, salt, btcpop - still alive. Profitable? btcjam, bitlending club - - closing operations as there is no profit and huge scam ...
btw, getline had idea of trusted circles for almost 4 or 5 years. that was their idea and first implementation. will see if it will work there. p2p is an area of hard profit. especially crypto related p2p.
so sky is sky, but there is also zero on other side
that is stolen idea(trusted circles) or just reused from getline.in ? btw - already proven that working hard if working at all
Lets wait for the tuesday announcement. It should be a good one and maybe wetrust should update how many ciricles are operational right now and what is the circulation increase expectations due to trst tokens!
It is difficult to predict price for a functional lending platform but we can compare it to others. There are in market other service providers and their tokens have value much more high than TRST token. This is real project with strong technical support and advisors so sky is the limit.
I'm sure with the future of TRST project, the project is almost a year and we will soon get the price of $ 1 before china new year.
$1 was already achieve, I am thinking of more than that this year because we have a good and big news ahead.This is a long term project so eventually as it continue to provide development it will also make the price increase which we all like to see.
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