The birth of the Internet has enables us witnessed a total changes in growth, which has saw several innovative platform come to life. Presently, we are in a digital economy whereby the activity of everyone is revolves around digitalization; to the extent that our traditional financial currency is now getting digitalized too.
Among the business that is affected by the wind of digitalization is the insurance company. Before now, insurance company has offer assistance to many groups, individuals and families to recovered their lost and stolen assets. Insurance companies has numerous benefits, but nevertheless it still has its limitations, at times the limitation could be low level of transparency when engaging and identifying with customer. Another common limitation can be lack of payment of customers’ claims in cases of emergency. These limitations and among others is confronting the insurance companies.
#Socratus as an insurance based platform is developed to provide the real solutions the customers has been hoping for, long ago which will return insurance companies back to normalcy.
The Socratus insurance platform changes the pattern of the common insurance market. They develop the native insurance that can takes care of insurance claims and predict risk automatically. When unforeseen event happens, claims will be paid immediately whereby clients will be able to feel the unseen support and presence of the insurance companies. Socratus insurance will use infrastructure technology, insight, data and the white label for their new products developments and marketing activities.
It was created to proffer a fresh solution to the world of insurance such that to change the status quo operation from the existing traditional to a new decentralized one. There are various plans on the platform which covers the new insurance product delivery. Socratus platform integrate the multiple technologies for better output performance. Individual layer has its own function.
Middlemen and risk management firms will be linked automatically to the ecosystem. Find the benefit below;
Socratus token (SCR) is the financial tool of the platform, it will serve as the internal currency of the ecosystem. It will serve the following benefits:
The token will serve as an instrument to measure promotions and loyalty management's.
Socratus platform is really determine to building a kind of protocol that will allows the development of the smart insurance contracts by implementing innovative insurance products with an instant payment means. The SRC token value was built by using it as the only payment means for having access to the platform function like Business- to-Business segment, also certain insurance products of Buyer-to-consumer segment and by the application as a means of reward for value creation for users within the platform so as continue the usage.
Learn more about this project by following the links below:
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 Thread : https://bitcointalk.org/index.php?topic=4134975
Writer: PLMovs
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2035939
ETH Address: 0xC23A42cB86E3a260b7bf119fAF914730beDaCBAf
