1H
0.00%$0.0000
24H
0.00%$0.0000
7D
0.00%$0.0000
30D
0.00%$0.0000
Zeusshield is a platform that will leverage the Ethereum blockchain to provide insurance services aiming to have a different business model compared to the traditional model used by insurance companies. Insurance is an important tool for transferring risks. By nature, it is a form of mutual assistance between different groups. People transfer the risks that they cannot or do not want to bear to the insurer collectively and thus pay a small but regular amount in exchange for enormous economic guarantees. In this way, risks are transferred in the form of insurance. Blockchain is a distributed ledger technology. It is accessible to the public, inalterable and unforgeable, and therefore has the potential to help humankind turn the concept of an“Internet of value” into a reality. Blockchain is a fundamental technology for our species’ next phase of development and will affect all walks of life with its simple but perfect technical design. Considering their compatibility in many aspects, blockchain technology and insurance could be highly complementary to oneanother. Blockchain insurance, a new insurance model, is developing rapidly and will become an important part of the industry’s makeup,revolutionizing the traditional industry.
Conforming to regulations can be a lot of trouble, however, a solution is finally here. Now, companies no longer have to worry about how to meet up with regulatory requirements, as that will be taken care of by Regulatory Technology (RegTech).
Despite being risky, OTC trading is a common choice within organizations and foundations that are seeking to seize nice financial benefits. Check this guide and find what OTC trading is, how it works and what risks it bears.