Topic: [IPL] VouchForMe | Distributed social proof insurance - page 7. (Read 2731 times)

Vouchforme is a next generation of peer-to-peer insurance based on social proof endorsements, fully harnessing the power of Blockchain innovation.

Read whitepaper at www.vouchforme.io

and read slowly https://medium.com/@InsurePal_io articles


You can also check Twitter from VouchForMe CEO Matt Peterman https://twitter.com/MTJPeterman


If you have any questions join VouchForMe Telegram https://t.me/InsurePal

i hope liquidity will be more and more higher in future

And what exactly does the blockchain give to the insurance industry? how is this different from regular insurance? how does this mechanism work? for example, the user is logged on platforme, and more... find a suitable contract and pay for it?

With that good progress adoption and price up is guaranteed on long term

VouchForMe token (IPL) will be the fuel of the VouchForMe platform, used by clients and third-party partners worldwide. It is an application specific token, built on top of existing Ethereum blockchain, allowing us to give the users back the value of the VouchForMe insurance network.

IPL token is now trading on the following exchanges:

Livecoin, Etherdelta, Hitbtc, Idex, Coinbe, Forkdelta and Mercatox



Read more about IPL (VouchForMe) token https://vouchforme.co/token/

Rebranding is positive - i read article and i understand now why

Thanks,it's a lot clearer. But I do not understand the obvious: the scan of the insurance certificate is easy to fake. If it is enough to send a scan of this document to get tokens, the scammers will easily clean the cashier) How can you prevent this?

2018
Platform launch & blockchain features integration
The development of InsurePal platform core begins. First social proof modules are ready to be used. PR & Marketing campaign launches.
 
InsurePal changes its name to VouchForMe to expand the idea of social proof being suitable and compatible with other industries besides insurance.


2019 and on
Global expansion & B2B partnerships growth
Additional functionalities are implemented. Partnerships with interested third-parties are further promoted. Implementation of claims community handling model begins. All VouchForMe activities are promoted on a global scale. VouchForMe platform to become a “go-to” global social proof insurance.


https://vouchforme.co/roadmap/

With the enormous growth of the Internet, numerous opportunities have emerged for us to expand our knowledge, find new information, buy and sell our belongings or even expand our possibilities to find work online. Besides everything the internet has in the meantime became a powerful force in accelerating financial innovation of peer-to-peer lending market.

We’re well aware of how Kickstarter, Indiegogo, Angels, VCs, etc transformed businesses, created success stories, and reevaluated the roles of classical intermediaries. However, in the recent years online peer-to-peer lending has emerged as an appealing new channel which allows individual lenders to collect their funds to finance loan requests from individuals and businesses. To keep it short and simple it’s essentially a debt form of crowdfunding. Businesses, investors and regulators are all increasingly interested in this business model. It’s a mystery and a wonderful example of how new internet technologies can and already are transforming the finance industry.

You can read more in latest Medium article: https://medium.com/insurepal-blog/friendship-effect-in-online-p2p-lending-5874f7c181ca

The science of social proof
“Social proof is a natural, built-in mechanism within all of us, representing people’s moral compass.”

The endorser offers a financial guarantee for a trusted friend or for another individual. This creates a positive incentive for the endorsee and requires the endorser to perform a personal due diligence. Through endorsements, the entire network becomes more risk aware, encouraging a change in behaviour.


Read more about social proof at www.Vouchforme.co

dude read latest medium post from VouchForMe   there is why

i hope marketing of new platform will start when it will be released

vouchforme will need adoption and liquidity

Sure we will  - say hi to our new CMO


Lučka Cokl
Chief Marketing Officer

Lučka brings over a decade of experience in creating and managing effective marketing strategies for global IT markets. Before joining VouchForMe, she has been leading marketing for Comtrade Digital Services.

https://vouchforme.co/team/

i think this is right decision for long term business

Okay, thanks much for the links. Will read more about this. You need more members to make this popular among crypto users.

VouchForMe Team
Everyone needs an insurance, this will not change. However, we are dedicated to change the incremental approaches of the past and invent new ways to make insurance simpler, better and fairer to our customers.
Our team combines the best industry knowledge and technical background to deliver an amazing product. On top of that, our passion guarantees that our customers' trust stays with us.

https://vouchforme.co/team/

i believe team will deliver! But great things need time

Read more here
https://medium.com/insurepal-blog/more-than-a-name-change-c41421b57b17


and join VouchForMe Telegram for more questions (team is there - we will answer you)


VouchForMe Official Group
5 849 members
VouchForMe is a next generation of peer-to-peer insurance based on social proof endorsements, fully harnessing the power of blockchain innovation. More info: http://vouchforme.co/

https://t.me/InsurePal

Usage of token is very important - sure platform first 

How IPL tokens could be used

As an Insurance Premium Bonus

To obtain new insurance, the insured will have to upload a photo of their existing insurance policy so that VouchForMe can calculate a discount.
Doing so, every client will receive a specific number of IPL token (20% less for a cash discount), growing proportionally with the number of endorsements received.

As Credit Score and social Proof Score
Social proof endorsers will be able to make the guarantee with the credit card or via a smart contract.
Their social proof guarantee will consist of relevant information on the client (the insurance holder) and will serve to them as a credit report. If several endorsers will guarantee for the same person, their credit score will proportionally increase in value. In parallel to token transactions, these information will be stored in the general ledger being partially encrypted and partially public. The encrypted part will only be disclosed publicly if its holder approves.

As Claims Adjustment
In the future, the VouchForMe may appoint some members of their VouchForMe community to process and report on the claims, a service that will have a financial incentive.
Claims which will go beyond an agreed threshold (exact amount to be decided) will be decided by professional claims adjusters who will report their recommendations to VouchForMe before informing the client. In essence, there will be no need for an insurance company involvement as everything will be settled by the community on the bases of blockchain and smart contracts.

So there's no more InsurePal? Is there a swap for this? Maybe, this is the right decision for InsurePal to make this project more known and be successful. I remember the time when InsurePal did the massive marketing campaign, that's why I've learned this project thru those ads.