Review on FidentiaX by Pedro O. Alvino M.
Project based on the insurance policy market
A project developed in order to provide an insurance policy market given the barriers that traditional systems offer to consumers and the few benefits they provide.
The services included in the project is to have a marketable insurance policy market where the insured can have the tokenization of said insurance policies, so that they can be negotiable for buyers, also thanks to the structure of the project design all These commercial activities are recorded in the chain through a ledger, so that no one can alter said data.
The current function of the project in the market is inactive, so no update has been made on the project by the founders and developers of the project, so that a large part of the services it contained can generate great potential to In the future, however, even traditional systems continue to govern the market and it requires time and a great development of marketing so that the project can be consolidated in the long term.
Pros
- Pioneers in the insurance policy market with the blockchain.
- allows the tokenization of existing policies of policyholders.
- Proposes a general ledger for policyholders to manage and record their insurance policies on the blockchain.
- It has a market for the purchase of tradable policies.
- It has custody services for buyers and administration of a portfolio of insurance policies.
Cons
- Implementing an insurance policy market system based on the blockchain will take time to adapt to the current market.
- The project token in the market is inactive.
- They do not have an update of the project functions or news on social networks of the project.
