Inchain

Inchain

Created using Figma
A decentralised insurance platform that mitigates risks associated with total or partial losses of crypto assets due to cyber attacks and hacks
Risk: Very High
Oct 26, 2016
Nov 26, 2016
100% completed
Raised funds - no Data
past
Company Details
Registered Country
Russia

About Inchain

InChain details will be updated as soon as we get all the information from the project. Please find information of token sale dates, goal, token name and token price at token sale info. Detailed information about team, whitepaper and roadmap is available in the corresponding section of the ICO page. Are you an ICO owner? You can update information of your project here (log-in required) or contact us via live chat or email.

Features

- Mitigates risks associated with total or partial losses of crypto assets due to cyber attacks and hacks
- Transfers risks to investors by issuing insurance­-linked bonds. Investors take on the underlying risks and receive coupons as rewards
- The insurance funds are managed by token holders, who choose investment strategies through voting. Investment returns are spent on bond coupons and then dividends are paid to token holders

Technical Info

Technical details:  Inchain is a decentralised insurance platform based on Ethereum smart contracts. Inchain tokens are a type of DAO token which does allow you to take some ownership and control of Inchain. Token holders will be eligible to receive dividends, vote and take part in Inchain’s management. Having a DAO as an investment management vehicle lines up with the decentralised nature of the blockchain. This approach provides both transparency and full control over Insurance funds by Inchain token holders. Of course, insurance terms such as duration and risks may vary and the smart contracts would be adjustable for different cases. Inchain proposes offering different templates for smart contracts designed for the most widespread cases. The templates will also be open sourced and their number will increase. The policyholder receives an Ethereum smart contract, which contains all the terms and conditions of the policy. In order to define coupon rates, every bond will be ranked. Inchain develops an adjustable risk-scoring system for wallets and exchanges. The most important features of Inchain are: - Decentralisation and Ethereum smart-contracts - Decentralised insurance to mitigate crypto-economy risks - Insurance-based bonds (tokens) as investment instruments - DAO-like principles for managing investment portfolios their approach Ethereum smart contracts are accountable for: - Insurance policies and premiums - Managing insurance-based bonds - Maintaining a balance in the interests of stakeholders - Monitoring insurance claims through specific oracles - Coupon repayment - Insurance claim payouts The source code:  no Proof of developer:  Public team

Inchain Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Dmitry Lazarichev :...
unverified
Sergey Primatchik: F...
unverified
Andrey Zamovskiy: Bl...
unverified
Oleksii Matiiasevych...
unverified
Aleksei Shakhov: Fro...
unverified

Advisors

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Serge Umansky: Busin...
unverified
Martin Galas: Busine...
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22 ICOs

$73 692 257

Richard Kastelein
Advisor/ PR/marketing partner
unverified

Inchain Last News

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