Topic: 📢 [ANN]Black Insurance digital insurance company on the blockchain - page 14. (Read 8014 times)

Black will use the blockchain to transfer risk directly from clients (insureds) to financial backers (Black Syndicate Token holders): minimizing all inefficiencies storing all data securely in blockchains transparent  business operations using smart contracts faster innovation by platform members
Black Platform Token (BLCK). BLCK powers the infrastructure, providing access to the platform and for conducting voting on system updates to the platform (utility token). All platform users will use BLCK for managing insurance on the Black platform, and demand for BLCK will increase as more insurance business is conducted on the platform.
Black Syndicate Tokens (BST) (issued when the platform is ready). BST is an investment in insurance capital, and a specific BST is created for each syndicate (security token), The profitability of the insurance portfolio for a specific syndicate will pass-through to the holders of it’s BST.


It is built for insurance industry participants,including brokers, MGAs, insurers and investors.It connects insurance entrepreneurs with innovative ideas to the capital
they seek. All policies are written on blockchain, greatly reducing transaction costs and giving everyone an equal playing field for conducting business.
The Black platform creates a blockchain ecosystem for all parties that will bring transparency, democracy and efficiency to the insurance industry.

hello lumen. i want to tell a little info about bounty. sorry if i do here because if i do in thread bounty probably will not be readable because it is stacked by socmed report. please check spreadsheet for bounty black insurance, why the spreadsheet status is not only watch, so it can be edited every participant. thank you

the project looks interesting! you can not call the idea completely new and not similar to existing projects. I hope the project will work as the developers plan.

Honestly, this one has all the makings of a great ICO:
1. phenomenal team
2. phenomenal product
3. awesome idea behind it

These are the three things I usually look for in a coin, so consider me very impressed.

hopefully with this project the insurance industry will grow and become better again, my hope this project will succeed.