Post
Topic
Board Tokens (Altcoins)
Merits 6 from 2 users
Re: [ANN][ICO] PolicyPal Network - Future of Insurance for Unbanked and Cryptoassets
by
magisterr
on 19/02/2018, 21:34:38 UTC
⭐ Merited by hua_hui (5) ,Ginzink (1)
As for exhange fiat to PYPL on their platform - Im agree. It should be convenient for users. But I think they will do this of course. They are professionals, and I think they know how to do better.

As for Paypal, read this article:

http://fintechnews.sg/11127/insurtech/policypal-becomes-first-start-graduate-mas-fintech-regulatory-sandbox/

Quote
Founded in April 2016, PolicyPal employs the use of algorithms to analyze current insurance coverage received funding from 500 Startups and angel investors and is presently working with global insurance
companies to help them go digital. PolicyPal Pte. Ltd. is a company under the incubation of PayPal. The PayPal incubation program is an APAC Fintech focused incubation program run by PayPal.

Quote
It has also partnered with global insurance companies in Singapore – AIG, Aviva, AXA, Etiqa and NTUC Income. PolicyPal’s regional expansion strategy includes scaling their existing platform and operations beyond Singapore to include Japan, Taiwan, Indonesia, and Thailand.

Just for example:

Aviva - Market capitalization: 19,83 billions dollars
AIG - Market capitalization: 53,46 billions dollars  
AXA - Market capitalization: 61,39 billions dollars

If PolicyPal will take its niche, can you imagine what marketcap will be in policyPal? At last few billons dollars from primary 25 millions... And how much can be cost tokens (coins in future)?