Topic: [IPL] VouchForMe | Distributed social proof insurance - page 4. (Read 2731 times)

VouchForMe has released a closed beta test version for desktop web browsers. The first beta version supports offloading/sharing of the motor and health insurance deductibles on existing insurance policies with friends and family. Guarantees and rewards payment transactions are supported with test tokens BVFM. In the official launch, transactions will be made available in fiat currencies and IPL tokens.

Sign up now for closed beta testing here!

https://vouchforme.co/beta/

For the initial test period of the next two weeks (starting Nov 1, 2018), we have secured 100 beta tester slots. Signed up users will be admitted to the platform in up to 48 hours after submitting their email and crypto wallet address. Each user will be transferred a fixed amount of 25.000 BVFM test tokens to use for transactions on the platform.

Registered beta testers will be able to invite friends to vouch for them for the existing insurance policies, vouch for friends in return, and carry out transactions in BVFM test tokens.

Matt Peterman, founder of VouchForMe: “For the past few months, the VouchForMe team has been working hard to build our social proof platform based on blockchain technology. We have played out numerous scenarios, customer journeys, scrutinized legal aspects, went back and forth designing smart contracts — and now we feel the product is ready for a thorough test.

We are looking for honest and straightforward feedback from knowledgeable people in order to improve our product. We want the final release to be user-friendly, clear and really stand up to the main goal: offer insurance clients a go-to product for lowering insurance premiums using the power of social proof.”

https://medium.com/vouchforme/vouchforme-join-closed-beta-testing-fc7fb404290f

Say hi to @SatoshiLite Charlie Lee LTC founder  to @WorldCryptoCon 2018 and VouchForMe

#Vouchforme team @WorldCryptoCon. See u all tomorrow at booth #411!

https://twitter.com/Vouchforme_co

VouchForMe for Motor Insurance

Share your motor insurance deductibles with friends and lower your insurance premium with VouchForMe social proof platform.

See new video presentation

https://www.youtube.com/watch?v=5Gz7C5vh6u4

Pretty logical explanation. But my main question is how much will it save a person/company in the end? What amounts/percent are we talking about? Saving money is the most important thing in the project.

Blockchain and insurance at D1 conference in Prague. @MagdaRamada from @WTW_ins with a worldwide overview of blockchain initiatives in insurance.
If at @d1conf you can catch with @Vouchforme_co developers.

https://twitter.com/Vouchforme_co

So if your friend does not pay what he/she has promissed, then you, as policy holder, are liable to pay oustanding amounts (ie MTPL insurance) or you just don't get what you've been promissed from your friend (ie casco insurance).

If you have more quesstions join Vouchforme telegram https://t.me/InsurePal

Being a guarantor of a friend, if he does not settle with the pending commitments, then will I be responsible for such commitments, or will the project protect me in any way?

For insurance companies, blockchain very important and will save a lot of money for them.
But until they show at least some kind of prototype, nothing can be talked about success chances. The main problem of such projects is safety. Any hacking and project closes. In this market, trust is above all.

When platform?  We are Q4 already?   i hope it will be launched soon

The three pillars of the new decentralized insurance

The crypto is expanding from digital trading to something that will soon become a vibrant parallel economy.
VouchForMe is making important strategic partnerships to build the three basic pillars of future business represented by blockchain ID, arbitrage and insurance. They will help grow confidence among all the stakeholders and massively speed up the business operations on the blockchain.

Read more:

https://vouchforme.co/token/

We are proud to announce that we have successfully fired up the VouchForMe platform! For now, we are running it in our software garage, just to make sure all pistons are going up and down smoothly and that nothing is overheating. But yaay, it works! And we are really excited about you taking it for a test drive soon!

User experience (UX) optimization

Well, before we do just that, you should be happy to know that we have a couple of UX gurus in our team who are relentlessly testing the platform from the user’s perspective. They are digging out bugs, pushing the software engineers to make stuff smooth and easy to use, and regularly giving copywriters a hard time if they find a missing piece of text or a bad explanation in the user interface. They are doing all that because they think bad UX is not the user’s fight to fight. And they are right, and we love them. Until they knock at your door.

Putting it all together

The UX improvements, of course, come extra to a lot of other stuff that is also going on on the engineering side right now. There is always those final few lines of code missing here and there — simply because a software product (like many others) is best viewed as work in progress anyway. So if anyone thought that after launch there is a three-month vacation, the joke is on them. Also important, the platform is actually several pieces of software mounted together: backend, frontend, blockchain, messaging, payment components, etc. Moreover, even though each piece is made using the finest technology and talent available, the interactions among the parts and their overall functioning once they are integrated into a single solution need to be tested and improved over and over.

UX and integration… — It translates to trial and error and improvement. A bit like fine-tuning an orchestra. Stradivari violins, world-class musicians — no matter how good the tools and the people operating them, you need to test, rehearse, miss a tone, do it better the next time. Until you are happy with the sound of it.

https://medium.com/vouchforme/product-development-update-october-566fa8e8b2f4

Got this from Telegram. Wish good luck to Matt ! I think the platform is neeeeaar.

VouchForMe presented on World Crypto Conference in Vegas 

Mark you calendars to join VouchForMe founder @MTJPeterman Peterman hosting a keynote speech @WorldCryptoCon on Friday, Nov 2, at 2:50PM in the Orovada hall.

can't wait to see product

Endorsee
Family members, friends and colleagues endorse you for being a diligent driver which enables you to save money on an insurance policy.

Endorser
Endorsing friends, family members, and colleagues for being diligent drivers opens up the possibility to receive a returned endorsement and save money on the insurance policy. Each endorsement is also rewarded in IPL tokens to be used as one wishes.

Endorsee: the one being endorsed
Being a safe and exemplary driver means that there was probably not a lot of car accidents you have been involved in the past. Or if you were, then probably it was not your fault. However, you still pay the same premium for car insurance as someone that’s not as good of a driver as you are.
Now you can finally stop paying for the mistakes of bad drivers. With a trusted endorser who will financially guarantee for your exemplary behavior you have the ability to lower the cost of your insurance premium. You have the propensity to receive multiple endorsements and give your friends the possibility to vouch for you with the amount they feel most comfortable with. Your endorser will only be financially responsible if you cause damage by your own fault.

Endorser: the one who endorses
We all have friends who are safe drivers whom we feel comfortable riding in a car with. VouchForMe gives you the opportunity to guarantee for their exemplary behavior.
When your friend claims an insurance policy, they have the opportunity to invite you to join the VouchForMe platform and vouch for their safe driving. After registering, you are able to compare your friends insurance policy, how many endorsements they have, and how many days you have left to complete the endorsement. Each endorser can decide for themselves the amount will they vouch for their friend. For making a social proof endorsement, your friend will end up with a considerable premium discount, whereas you`ll receive an immediate incentive in the form of IPL tokens.

Vision
VouchForMe brings out the essence of trust in a smart digital way and improves the risk selection process.
By enhancing trust among peers, it enables the social proof of an individual to be locked into the ledger. Therefore, it can and will self-regulate without the need of an industry-funded regulatory body. This, whilst continuously allowing us to create new attractive solutions, addressing both; the challenges of today and those of tomorrow. VouchForMe users will be able to get endorsed for their diligent behaviour and save money with it. Whether it is a car, home, or business insurance, we got you covered.


Read more about Vouchforme product

https://vouchforme.co/product/

2018 and 2019 will be very important for Vouchforme idea and platform release&adoption!

VouchForMe AMA October 2018 Recap
VouchForMe hosted October Ask Me Anything session on Reddit last Friday. For all who weren’t there here is a short recap.

Q: Will there be any detailed reports from conferences I see the team is all over the world in last month?

A: Our team members were attending events and conferences literally across the globe presenting VouchForMe. We are gathering our insights and will publish a full recap already this week.

Q: How many insurance companies are working with you at the moment?

A: As mentioned in our previous posts, we are currently in discussions with nine interested parties for possible business collaboration.

Q: Is Charlie Shrem advisor of the project now, is it not dangerous from future KYC if VouchForMe wants to work in the USA?

A: Charlie Shrem is enthusiastic about many different projects which are disrupting the existing business models. He recognized VouchForMe as one of these.

Q: When Moon?

Moon-soon.

Q: Will the pilot include the three products (2018) or do you plan to launch them separately?

We are developing one platform that will be used for different solutions. In the pilot, we will first focus on the insurance solution as we feel that focus is necessary to get an optimal product. After that subsequent versions will be released.

Q: In the UK, apartment rental deposits are a pain point the queen went as far as making a decree to limit security deposits. In 2019, rental (letting) deposits will be capped. This has landlords worried that many renters will simply avoid paying their last month’s rent and walk away from the deposit. Explain how Social Proof could help build tenant/landlord trust in such a scenario.

What VouchForMe does by collecting endorsements for tenants in the form of social proof, is guaranteeing to the landlord that his tenant is indeed a reliable renter. When a person is part of the VouchForMe platform it can be said he or she is more trustworthy.

Q: Last August, Lučka Čokl joined your team in the capacity of CMO. Can you tell us what the spear points of her marketing strategy are, and the execution thereof so far?

The entire VouchForMe team is concentrated on launching our product, so are Lučka’s efforts as well. We are working on the launch plan including communication and advertising strategies to onboard our first clients in our target markets on the level of B2C as well as B2B.

Q: How many partners do you currently have under NDA and when is the plan to disclose their names and scope of cooperation?

A: As mentioned earlier we are currently in discussions with nine different interested parties. Once the deals are finalized, and projects involving business partners are ready to be launched, we will be able to disclose the names and the scope of cooperation.

Q: When will I be able to u get insurance through the VouchForMe platform and how will customers be paying for insurance?

A: VouchForMe itself is not an insurance provider. An insurance carrier still does insurance. What VouchForMe will provide is the opportunity to lower the cost of the insurance premium with social proof.

For more updates stay tuned and join the conversations on our social media.

i am sure vouchforme will bring insurance and new products for new generations to the next level

time will tell and i believe in team - they will deliver