lucky: Black Insurance

Seeing the development of the first, begun in the 1600s by Edward Lloyd, until now the industry is largely locked in the past. It is very consolidated and controlled by several large players. With the development of modern technologies, where everything is digital, we at BLACK Insurance can automate many processes, cut costs and ensure transparency of reporting. It also allows us to create an open and transparent open field game for all parties involved, through which we will decentralize and democratize the insurance industry.

BLACK is a digital insurance company in the blockroom. Our platform connects direct insurance brokers with capital, allowing them to run their own virtual insurance company. Therefore, remove the trusted third party (insurance company) from the value chain. BLACK completes the insurance business mainly. BLACK is an insurance platform, such as Lloyds of London, in a blockade without any costs, suspension and organization that we see today.

The insurance business will be created by the nearest MGA / brokers / agencies whose obligations are to state insurance positions in the market, to evaluate and offer items and sort by the case in question. Business development for environmental experts makes the business business BLACK flexible when providing business opportunities closer to the end customer.

Black insurance will use two types of tokens:

=> Black Platform Token (BLCK). BLCK provides funds, provides access to platforms and conducts voting on system platform updates (utility tokens). All users of the platform will use BLCK to supervise insurance on the Black platform, and interest in BLCK will increase as more insurance companies are sent to the platform.

=> Black Syndicate Tokens (BST) (issued when the platform is configured). BST is an investment in insurance capital, and for each syndicate (security token) a special BST is created, the portfolio of performance insurance for a particular syndicate will belong to its BST owners.

"BLCK and all BST markers can be moved between Public Ethereum and a private black platform using the Token Gateways series.The BLCK is consumed on a private black platform and the BST tokens are produced on a private black platform when Syndicate is funded by the Investor Both types of tokens can be transferred in Public Ethereum, so they can be migrated and verified with the help of other Ethereum users who may not be Black Platform users, or they may not have direct access to the current Black Platform (the new Platform Platform user) .All our tokens are closely related to the hour black platform as the main market, so Ethereum Public is included in this solution as a secondary market for our token. "

The black platform creates for each individual a block chain ecosystem that will bring frankness, a majority vote system and the effectiveness of the insurance business. He restores plans with imaginative thinking in the capital they are looking for. All approaches are structured along a block chain, which significantly reduces the cost of exchange and enables each game field to work together.

Solutions offered by Black Insurance

The insurance organization can organize a virtual insurance organization, subsidize and start distributing creative insurance products. They can do it faster than now. Advertising time is reduced from 2 years to 2 months.

Get customers from new items that fit their needs. In addition, due to lower costs of exchange, customers can estimate more reasonable costs. New and creative elements are entering the market faster. The client has more possibilities for viewing.

Speculators can syndicate the crowdfund syndication, without requiring large capital. Many disadvantaged financial experts can invest their investments in banks and assess the arrival of a stable and solid insurance portfolio.

How does Black work?

Entrepreneurs register their insurance products.

Investors can create and use investment syndicates by placing resources in tokens and distributing capital between different items.

The composition is organized in a blockade as a brilliant contract.

Users receive information that can not be changed (sold premiums, claims, benefits) on the platform.

It is natural to spread between the holders of the tokens.

ICO Structure

Preliminary sale start: 07/31/2018

Pre-sale period: 30

Helmet for pre-sale: $ 15,000,000.00

Terms of pre-sale: the first week of the bonus is 25%, and the bonus for the first week is 20%

Sale of goods Beginning: 31.08.2012

Sale Current: 30 days

Soft cover: $ 2,000,000.00

Hard cover: $ 45,000,000.00

Token Token: BLCK

Number of tokens: 471,082,090

Exchange rate: 1BLCK = 0.2 USD

Minimal purchase: USD 100.00

Cryptos Received: BTC, LTC, ETH

Adjustments: Unsigned tokens will be destroyed by a token contract.

Listing: BLCK token will be specified on crypto-exchanges

Advantages of Token Holder: BLCK can be used to pay for services on the Black platform. Black guarantees that before January 1, 2021, the service fee paid by BLCK will be at least 20% cheaper than fees paid in other currencies.

Trading Token Restrictions: only teams and advisors have a transition period and a lock.

Street card

Some basic stages of developing Roadmap applications are:

=> March 2018 - Prototype - Demo version of the platform using Fabric + Composer

=> May 2018 - MVP -Demo is ready for investors

=> August 2018 - Alfa-Platform takes the first users

=> May 2019 - v1.0 - EU licensed insurance company sells a new policy

=> April 2018 - Technical document

=> June 2018 - ICO - Black DAO launched in Ethereum

=> December 2018 - Beta platform adopts new products

The team includes veterans of the insurance industry and experts on the blockbuster. This is an excellent mixture of knowledge in the insurance industry, experience in blockchain technology and crypto space. The founder has more than 18 years of experience in insurance software and sees an urgent need for solutions that will democratize the field with the help of technology.