BLACK INSURANCE- Agent responsible for designing insurance products for the market
Black is here to make a difference. Black will use blockchain to transfer risk directly from the client (the insured) to the financial supporter (Black Syndicate Token holder): Minimize all inefficiencies Store all data securely in blockchain Transparent business operations using smart contracts Faster innovation by platform members Black will fundamentally improve the insurance industry. Black is an insurance platform like Lloyds of London in blockchain at no cost, delay and bureaucracy we are witnessing today. The insurance business will be generated by a local MGA / Broker / Agent responsible for designing insurance products for the market, setting prices and selling products and managing claims handling. Delegating a business to a local agent creates a measurable Black business model while bringing business decisions closer to the end customer. Black Insurance will use two types of tokens: Black Platform Token (BLCK). BLCK empowers infrastructur...