Legacymarket is an online Blockchain based price comparison platform for insurances. Instant quotes are calculated upon facial recognition with the option for the customer to then accept, forming a smart contract between insurance provider of choice and customer.
The problem:
The current insurance industry - Paper systems, lack of transparency, fraud, bad advice, expensive premiums, lengthy beneficiary payouts.
The solution:
>>Legacymarket<< - Smart contracts, Blockchain technology, deep learning AI system, facial recognition ID, elimination of brokers, cost-
effective, faster payouts.
What kind of Token utility would be preferred by people? Suggestions are welcome and the best ones will be added to our Bounty program.
What all Token Utilities have you planned to offer? Knowing a few of them may help in thinking about other utilities. The concept sounds good for sure and has a definite use case around Blockchain.
Currently in mind to use the tokens within the platform to discount insurances.