And once again about the blockchain…

The use of the blockchain technology in the insurance industry highlights all the imperfections and weaknesses of the industry, eliminating most of them. This automatically increases the level of customer expectations, as new players start to appear on the market, setting new standards for the size and speed of payments.

What opportunities does the blockchain technology application open for SurruS project?

Ø Conducting of the token sale with the aim of attracting to the project the necessary funds for its implementation and further development.
Ø Reward to users who are involved in the search for a car.
Ø Remuneration to holders of a security token of the project.
Ø Efficient algorithm for finding a stolen vehicle.
Ø The most transparent information about the occurrence of the insured event and the results of its consideration, available to both the insurer and the policyholder.

The main motivating factor that guides the consumer in choosing an insurance company is trust in the brand. For this reason, to enter the insurance market is a very difficult task for a small business or startup. Blockchain technology eliminates the gap between large companies and newcomers, as thanks to a transparent transaction register, any buyer can monitor the implementation of a brand of its obligations to the client.

Read more about our project SurruS on the website https://surrus.io