i-chain

About:

Insurance platform and ecosystem, which will transform world insurance industry.

Platform which the will automate insurance business, which will run over blockchain to ensure transparency, which will be provided for free. I-chain will ease barriers for new players to tap the insurance market; it will allow insurance companies to significantly cut their costs and get access to new customers; it will allow consumers to get tailored insurance products at lower prices. Insurance companies will be able to develop and sell their own insurance products on the platform, saving a big chunk of operational costs by using the built-in functionality. Micro-businesses will be able to provide tailored services, such as a call center in a specific language or expertise in certain areas, and many more. Individuals will be able to provide small services as insurance brokers or emergency commissioners, and many others. Global and Independent software developers will be able to offer their applications and services to insurance companies on the platform's internal marketplace, similar to the AppStore. Together, this will make insurance more affordable and fair and will stimulate the growth of the USD$4+ trillion global insurance market.



Intro:

Insurance platform and ecosystem, which will transform world insurance industry. Platform which the will automate insurance business, which will run over blockchain to ensure transparency, which will be provided for free. I-chain will ease barriers for new players to tap the insurance market; it will allow insurance companies to significantly cut their costs and get access to new customers; it will allow consumers to get tailored insurance products at lower prices. Insurance companies will be able to develop and sell their own insurance products on the platform, saving a big chunk of operational costs by using the built-in functionality. Micro-businesses will be able to provide tailored services, such as a call center in a specific language or expertise in certain areas, and many more. Individuals will be able to provide small services as insurance brokers or emergency commissioners, and many others. Global and Independent software developers will be able to offer their applications and services to insurance companies on the platform's internal marketplace, similar to the AppStore. Together, this will make insurance more affordable and fair and will stimulate the growth of the USD$4+ trillion global insurance market. Project has got positive feedback in media.



Milestones:

Platform development - target architecture (as per whitepaper) and MVP as demo - May 2018

Done. Demo accessible via https://demo.i-chain.net Target architecture with BPM engine and all layers as per Whitepaper.

Platform development - MPV as real product accessible to public -Sep 2018

In process. Insurance product accessible to public by end of September.

Platform development - version with product constructor for one product type - possible to make use of Token - June 2019

It will be possible to construct own product (one type) on the platform. Thus it will be possible to make use of purchased token and sell/provide own product to customers (1000 customers per one Token)

Platform development - extended products constructor version - at least 3 product types - Dec 2019

Extended product constructor version, extended token value due to it. Extended API version for partners.

Platform development - Full version - Dec 2021

Full platform version, constructor for at least 5 product types, mobile applications, full API