TheMerkle
2018-05-27 15:30:21

Blockchain Startup Hi Mutual Society Rolls Out Three Decentralized Mutual Support Insurance Products

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