Welcome my dear subscribers. Today I will tell you about a promising project. Many see Socratus as a revolutionary solution in the insurance sector. Today, centralized services are significantly outdated-a huge number of problems have appeared that do not allow the parties to insurance contracts to cooperate correctly. But Socratus developers are confident that the introduction of blockchain, as well as intellectual contracts to ensure the quality and security of transactions, will radically change the situation. What is the main concept of such a startup? The creators of Socratus do not initially try to attract customers to their project, promising them a certain reward. There is a basic solution for the industry to accelerate the receipt of funds. This is the main problem faced by the clients of insurance companies. The use of intelligent contracts makes it possible to simplify transactions significantly - and if the client can count on receiving payment, it will be executed almost immediately. in addition, it is worth noting the absence of multiple intermediaries - often they are the cause of additional time and financial costs. After the presentation of Socratus features, many modern insurance companies immediately drew attention to Its functionality. Investors have received a full program of development of this unique project and now analyze the information to provide the creators with the required amount.
Problems that can be solved by the project
It is worth highlighting some unpleasant moments faced by clients of traditional insurance platforms:
The lack of fast processing of requests - almost always have a very long time to wait for payments. It's all about multiple checks to confirm the existence of an insured event. Socratus gives you the opportunity to speed up this process - smart contracts will specify all the conditions for receiving funds, everyone will be able to count on their lightning-fast withdrawal;
No obscure middlemen who require commissions for their services. Each client will be able to choose the optimal insurance company and conclude a mutually beneficial agreement;
To pay for transactions within the system, its internal currency is used. Tokens can be purchased inside the platform at a fairly reasonable price;
Absolute security and privacy. In addition to the efficiency of processing all requests, users will be able to rely on the full protection of their data and tools. The developers are doing everything to ensure their customers the most favorable conditions of cooperation.
A small update of the functionality is planned soon enough, but it will require additional funds. The developers of the decentralized platform Socratus hope that they will be able to attract investors to the project. Already, several well-known insurance companies are testing the initial capabilities of Socratus.
Why should you take a closer look at the SOCRATUS project
We highlight several important factors that allow this platform to count on success:
A professional development team that works on the development of the project. In this case, experts who have spent many years in the insurance segment, attracted experts on cryptocurrency, blockchain and other innovative technologies to realize the potential of SOCRATUS under their wing;
Team:
The idea is truly global, innovative. After all, the blockchain is not yet used in the insurance segment, which opens up incredible prospects for the creators of SOCRATUS. But in this case, everything will depend on how they cope with the difficulties. After all, the market is new, there are no standard algorithms of action for non-trivial situations;
Features of implementation. Developers manage to avoid difficulties, there are no problems with testing the functionality. This is very rare for systems of this type. Their desire to change everything as quickly as possible pleasantly surprises. After the open platform tests, every comment has been considered. We have fixed a huge number of small defects, this approach allows you to really attract investors for their further development.
The insurance segment has long needed modernization, and now smart contracts will become a guarantee of security and speed of execution of transactions. Socratus is a truly unique and special project on the blockchain.
More info:
Website: http://socratus.io/
WhitePaper: http://socratus.io/wp/
Telegram: https://t.me/socratus_official
Twitter: https://twitter.com/socratus_io
Facebook: https://www.facebook.com/socratus.io/
Ann: https://bitcointalk.org/index.php?topic=4134975.new#new
Author: https://bitcointalk.org/index.php?action=profile;u=1725951
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