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3232Blockchain Startup Hi Mutual Society Rolls Out Three Decentralized Mutual Support Insurance Products
https://www.digit.info/blockchain-startup-hi-mutual-society-rolls-out-three-decentralized-mutual-support-insurance-products/
Sun, 27 May 2018 15:30:21 +0000https://www.digit.info/2018/05/27/blockchain-startup-hi-mutual-society-rolls-out-three-decentralized-mutual-support-insurance-products/Read more]]>In modern society, insurance is almost a fundamental requirement for a human being; financially protecting oneself against risk or illness is essential. However, the present industry is making vast sums of money while providing low standards of service. Disclosure: This is a Sponsored Article Traditional centralized insurance systems suffer from a few issues that are cause for concern in the modern age. Firstly, higher operational costs often mean the consumer is paying a lot more than they should, long payout periods and high rejection rates are inefficient and problematic for those in need. Furthermore, user data collected, kept and sold