Quote from: Timofey Volkov on March 13, 2018, 12:19:02 PM

Quote from: Krezz2017 on March 10, 2018, 03:59:23 PM

Honestly. I do not really understand how compensation for damages in the insurance business on the chain of blocks actually works. You can not be presented to a court if something happens. The state does not recognize such systems.

The legislative system in crypto-business is not perfect yet worldwide, but the situation is rapidly changing. We are starting our project now to be one of the first who work out best business practices which will then can be a basis for lagging legislation.

At the moment we intend to solve all the issues without legal actions. The main thing is that it does not influence directly on our decision to pay indemnity. The fact of payment is based on making our professional decision that an insurance event has occurred (an exchange collapse). In order to support our decision we are arranging partner relations with good experts in cyber security and anti-fraud areas. We will ensure our right of recourse against the guilty party, and we will seek any opportunities to implement it.

This looks nice and reasonable.
I would like to have a small proposal:
- On finding partners with cybersecurity and anti-fraud experts: You can consider collaborating with Hacken, whose projects are growing well and their teams are strong.