What is Xsure (XSR)
XSure is a decentralized blockchain-based insurance platform.
The XSure team state that their main objective is to create an ecosystem for insurers and insurees that would prevent and reduce losses generated by operating activities and drive down cost through real-risk identification models.
The XSure solution will allow insurance providers to develop custom insurance products (insurance spheres governed by smart contracts) for individuals who meet specific parameters. Each Xsure sphere will have a separate smart contract that will encode the details required by insurance providers. XSure will employ AI to analyze big data, individual identity information and shared data in order to help make the final policy decision.
The XSure team are designing a smartphone app, which will allow the users to create and manage a personal information wallet (insurance historical data). This wallet will allow the insurees to obtain lower insurance payments and ensure instant claim processing.
The XSure system will employ an ERC20 compatible XSR token for all payments.
Token supply: 75,000,000
Blockchain Platform: Ethereum
Registration country: United Kingdom
Accepted currencies: ETH
35% – Insurance Reserve
20% – Development Team
15% – Team and Founders
15% – Marketing & Communication
5% – Operations
5% – Legal
5% – Advisors