Bitpark is the new P2P insurance platform. The goal is to provide new insurance services through P2P insurance and digital currencies. We will use Running Coin (BPC) to screen costs and payment processes, which are linked to local currency prices – ensuring exchange rate fluctuations have minimal impact.

Project Vision

We see mutual aid systems work at all sizes and levels, whether through insurance, mutual aid organizations or like-minded individuals who gather and buy items together. We believe that the mutual aid process can be made more efficient and simple when leveraging cryptocurrency and blockchain technology. By using these technologies, we believe that the insurance industry will expand as a whole.

Insurance and mutual aid organizations add third parties to the equation in the fund management process, while our system removes the middleman and uses blockchain technology instead. In this way, contractual obligations related to remittances and payments can be enforced. With the help of cryptocurrency technology, funds can be managed quickly and smoothly without bank intervention.

In addition, by separating the billing fee from the combined funds, billing filtering can be performed in users through a user-based evaluation system where the screener receives a reward.

We believe that when providing this user-oriented insurance platform, we can target both price increases and provide the best response to insurance-related needs.

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