The insurance platform solution that limit loses in the cryptocurrency world
The main aim of** Bitrust** is to create a forum where insurance can be integrated into the blockchain and the cryptocurrency world. Bitrust is a very smart organization that sees possibilities in the extremely volatile crypocurrency market. From Bitrust perception, it is noted that cryptocurrency is still at its infancy stage, hence, it a will be a good opportunity to tap into the wholesome trend business profits of cryptocurrency. This of course is regardless of the prevailing risk.
Having understood the advantages cryptocurrency have over fiat currency, Bitrust believes that it is a good idea to build an insurance model around it by employing the new innovation of blockchain technology.
Bitrust is indeed an affordable, decentralized, and easy to use (P2P) peer to peer cryptocurrency insurance ecosystem that is Ethereum-based, a blockchain. This will be leveraging the blockchain smart-contract technology. The objective of BITRUST is to be affordable for retail Digital currency investors with an average monthly trading volume Spanning between a hundred ($100) through one hundred thousand ($100,000) dollar worth.
BITRUST PERCEIVED INDICES
High influx of Altcoin: The year 2017 recorded a massive influx of so many injection of altcoins into the cryptocurrency world, on the contrary, most of these digital assets have drastically dropped in value.
**Increased influx of wallet in the crypto world several wallets have pervaded into the crypto system. This implies that there is an increase in liquidity rate consequently, the level of attractiveness in the aspect of investment could possibly drop.
Here is an identified increased wallet trend across the globe. This is a point of concern for all. Hence Bitrust seem to have a solution in order to hedge the looming loses inherent in all these and subsequent ones to come.
BITRUST OBSERVATIONS
Searching through the cryptocurrency world, there seem to be no or very few risk mitigation platform that is available around the world. Who then could mediate for this great loses that appears to continue for years now?
Bitrust solution to the cryptocoin variations
It is therefore the concern of Bitrust to bring about a hedge around this colossal loses experienced by traders in the cryptocurrency world. This will actually be a great succor for all cryptocurrency traders around the globe.
