Why are we sure that future stands for blockchain insurance?Today, there are more than 1 billion cars in the world and every owner of a vehicle is not insured against theft. Of course, we're not talking about your car being stolen tomorrow. However, there is such a possibility, and it is great.
Insurance companies today offer compensation in case of theft of a car, but none of them promises you to return it. Or you can put an anti – theft system that is designed to protect a car, but it can't guarantee its 100% protectiom. Both of these options are expensive and not effective.
What do we offer? A unique project in the field of blockchain insurance SurruS! Innovative solution in the insurance industry which is based on blockchain technology. Through the use of this technology we have been able to create a system that allows for the effective search and return of a stolen car and ensure payment of compensation in case of failure. We have already developed special search modules and automotive equipment, set up their production, created and patented software, and set up a search network.
How does SurruS system work in practice? A car is equipped with special devices that do not give any signals until they fall into the range of the search module (about 700 meters in the open area). This means that hijackers will not be able to detect and remove such a device, and the search engine will easily detect your car in its range and transmit information about its location. Multiple modules in risk areas ensure that the stolen vehicle is within the range of at least several of them.
If a car is stolen, our system immediately receives a notification and then activates the search algorithm that calculates the probable location of the car.
The search will be supervised by a self-learning neural network, improved depending on the behavior of the hijackers in a particular region, so the probability of non-return of the machine will decrease!
And if for some reason we can not find a vehicle, an owner is guaranteed to receive 100% of its market value.
Learn more about SurruS on our website
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