Topic: [ANN][UMC] Unity Matrix Commons - Democratized Risk Management - page 23. (Read 65530 times)

http://staging.umbrellacoin.meteorapp.com/

Here is the pre-alpha release. Lots of things aren't yet integrated, like voting, policy maxes and integration with the blockchain. We're going to be pushing semi-regularly so it's a great way to keep up to date on what we're working on. We're not scaling for production level loads yet, so don't be surprised if the service isn't the fastest.

Thanks for your continued support!

How is it too expensive? I don't think $.33 per UMC is a bad price.

The application situation of the project described in great detail, but the price is too expensive.

We have a pre-alpha release working! It is still very unpolished and does not yet make for a great user experience. We'll wait a little more before linking it to you folks. This is an important milestone for UMC. We're well on our way to meeting our estimate of client launch by October. Stay tuned for more details about our prototype and our pre-sale launch!

https://medium.com/@umbrellacoin/dev-update-week-of-july-30th-c5a073206df4

Look at the link i found https://www.reddit.com/r/Blockchain_Healthcare/comments/6qia2q/blockchainbased_democratized_insurance_platform/

Hi Everyone!
    I am Alex Chief of Marketing, Just want to say Thank you all for the support!

From what I can tell, it looks like they're trying to create a system that allows you to "buy" a policy with UMC, and then get up to 3x your money back with a validated claim from the community. Seems like a good idea

Hi guys I just found this interview, if you want to know more about umbrellacoin and all their plan and roadmap please check this out you can also rate them and leave and comment http://cryptocurrencieshub.com/umbrella-coin-democratized-insurance/

Chinese translation

ANN：https://bitcointalksearch.org/topic/annumc-umbrella-2049143

WP：https://drive.google.com/file/d/0B8Vnqo8Zn7zqVlBNOVdWQ253NWc/view?usp=sharing

Well part of the uniqueness in my eyes in just that it deals with the insurance sector which is a pure scam, and cheats the customer at so many levels. For this particular ICO, their dev team seems pretty competent given their credentials. In non crypto world as well, the white paper would qualify as a serious startup but would probably be weighed down by thousands of healthcare-based regulations put in by the government.

What makes Umbrella Coin a unique type of cryptocurrency?

What is happening with BTC/BCC? Do you think it will affect your ICO? I'm new to crypto, so I'm just trying to find some help.

I'm looking forward for the success of ICO, I have faith in this. The long term goal of this will surely be made possible!Goodluck for this project.

We have started compiling some of the prerequisites for getting listed on Bittrex and some other exchanges. We're leaning towards waiting until we get closer to launch to push forward.

At this time, we're not planning on allowing users to add more UMC after creating a policy. We're doing this for simplicity, but could envision lifting that requirement shortly after launch.

Umbrella I was curious do you currently have a target exchange or exchanges you will be looking to release on?
Also about the float pool if you lock into this plan can add more funds after buy in?

Everything looking very nice,I decided to invest in the project and I hope this will be the right decision.
Wishing for the project will be successful than what I expected

We chose the name because the concept of an umbrella covering you, like insurance and benefits are supposed to cover you. It has nothing to do with the popular video game/film/fantasy universe. Although if that garners additional interest, great.


We think we differ from InsureX in a few ways. We don't necessarily see ourselves as competitors, even.

1. InsureX is providing a platform for buyers and sellers to conduct business for insurance. Our community is both buyer and seller. They make profits by charging a fee and data mining.
2. The insurers on their platform may still not sell coverage that is agreeable to the policyholder. It is also unclear if this qualifies as proof of insurance, or what countries this will launch in.
3. Most importantly, there still may be deductibles, co-insurance, co-pays on the network. InsureX is trying to simplify the traditional insurance process, which is important, but still carries some risk of traditional insurance.

Really, I could make a case for carrying both tokens. InsureX is for traditional larger claims that should be at a better rate, and UMC is for smaller claims.

The reason we're able to handle smaller claims when traditional insurance companies can't is simply process overhead. If you have a minor dent/scratch in your car that would cost $300USD to fix, there is practically no insurance company that would cover that because your deductible would never be that low. Why? Insurers need to file paperwork, do claims adjusting, handle customer service, talk to other parties etc. Filing a claim costs an insurance company more than just the money they pay out. If we incentivize the community with some rewards, we can cut out the big overhead and pay those small claims. If you're buying from a larger insurer on their platform, it is less likely they will cover those small claims.

New project but very impressive, very good for us follow, hopefully this project continues and success. thank you

First I thought this is a shitcoin started by Umbrella Corporation, if you know what I mean. Read the whitepaper and the idea is really moving. But isnt there a coin already serving this process.? What is the difference between Umbrella and InsureX.?

How without it? Someone has to fight with the corporation? And really. The name was chosen with the association to the popular series of films.