Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] [XSR] Xsure | The decentralized insurance platform on the blockchain
by
xSure
on 31/07/2018, 08:04:54 UTC
Xsure Platform

The main elements of the Xsure platform can be summarised as:

1. Identity: this is a crucial component due to the fact that premiums are reflected in a users reputation on the platform. We use state of the art machine learning algorithms to establish and protect users identity.

2. Ownership: users will have to go through a proof of ownership phase before being allowed to insure a product or system. Associating devices and systems with users has the purpose of avoiding fraud in our ecosystem.

3. Sphere selection: after the identification and/or ownership phases users can search for spheres to join manually or choose from the AI backed Xsure selection. On joining, users will have to closely inspect, and make
sure they are in accordance with the governing terms of a sphere (sphere dynamics).

4. Real-time ecosystem - sphere users will be able to alter or drop certain aspects of the sphere, or, if the need arises, switch spheres. The sphere aspects that can be altered will be specified when joining a sphere and these include but are not limited to protection time, claim value, etc. For each operation there will be a fee in order to make sure there are no abuses.

Identity is a crucial component of our ecosistem and we will enable authentication through face and voice recognition. This helps us prevent duplicated identities and guarantee ownership within our ecosystem.