Place/Date: Vaduz, Liechtenstein - January 8th, 2018 at 6:57 am UTC · 4 min read
InsurePal is set to revolutionize the insurance industry by harnessing blockchain technology and merging it with social proofing, bringing cost savings to the insurance industry and a positive societal impact. The startup company brings disruption to the old insurance paradigm by challenging its sole core model. To help InsurePal navigate the challenges and direct the platform development in this positive direction, it is crucial to work with individuals and visionaries who possess unique knowledge and global insights.
As a Bitcoin pioneer, a social economist, digital currency trader, and ultimate crypto insider, Charlie Shrem is at the epicenter of the crypto universe. He has advised more than a dozen digital currency companies and launched and managed numerous partnerships between crypto and non-crypto enterprises. He recently founded Crypto IQ, a media and advisory business with a team of seasoned Wall Street veterans that aims to simplify the crypto world and bring virtual currencies mainstream. InsurePal works on a similar premise and aims at wider acceptance of the crypto economy by fortifying new insurance services on the blockchain.
“I’m excited to join the advisory team on this project, and our company, Crypto IQ, is getting involved as well,” Shrem said. “InsurePal is a very interesting concept, and I like to get involved in blockchain projects that are not finance-related. This team has its past success. It has been involved with other companies and has performed well. I believe we can be the bridge between crypto and non-crypto insurance, which will be a very interesting thing.”
In taking an advisory role, Charlie Shrem will help InsurePal become a bridge between tradition and innovation that will shape the insurance industry moving forward. With his connections, business insights and interdisciplinary experience, he is one of the most well-known names in the cryptocurrency community and will help InsurePal achieve and exceed its goal of developing a technologically advanced blockchain platform that is easy-to-use for the widest audience.
“InsurePal will bring this innovative concept of social proof and blockchain insurance to the people who have yet to be involved in crypto and provide an insurance solution for them,” Shrem said. “That is the most interesting part of it.”
The dedicated experts at InsurePal have lived for the project since day one. Their efforts have been recognized by many individuals, who are respected in the industry as well as principals at established blockchain startups, among them Mattereum and Hive. The team also recently welcomed Peter M. Moricz, founder and CEO at Moricz.io, in an effort to build strategic partnerships and give its endeavors credibility. This will ensure the long-term success of the InsurePal platform.
“I think we all have to understand this is the beginning of the long process,” Moricz said. “InsurepPal is building something from the “get go” to make sure that people can see what opportunities are out there. And I think that people should come along, join their team and ICO to make sure it works out in the long run, as it is a great ride to be on.”
Charlie Shrem and Crypto.IQ join a well-rounded team of experts, partnering on projects that will harness the power of social proofing on the blockchain and help InsurePal lead the way to a different future for the insurance industry. The public is invited to help make this vision reality by participating in a public token crowd sale, beginning Jan. 16.
Charlie Shrem is a Bitcoin pioneer, a social economist and digital currency trader. His work in this field is legendary. In 2011, at the dawn of the crypto era, he founded BitInstant, the first and largest Bitcoin company. In 2013, he founded the Bitcoin Foundation and serve as its vice chairman. Since then, Charlie has advised more than a dozen digital currency companies, launched and managed numerous partnerships between crypto and non-crypto companies, and is the go-to guy for some of the world’s wealthiest entrepreneurs. In short, he is the ultimate insider at the epicenter of the crypto universe.