Bitrust - Cryptocurrency Insurance Platform!

in #ico7 years ago

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The attractiveness of investments in cryptocurrency increases as cryptocurrency payment systems fit into the global economy. Microsoft, Google and other high-tech corporations are already accepting certain types of cryptocurrencies to pay for the offered products and services. Companies and even States that use cryptocurrency coins as a means of payment, every year becomes more. Accordingly, investments in cryptocurrency bring more income.

Due to the constantly growing demand, the price of cryptocurrency is growing, which means spending a relatively small amount on the purchase, in a few years increase tenfold, or even less - my personal example: began with 351 dollars at the end of 2016 and today the capital has grown to 50 100 dollars. The main thing is to correctly determine the type of cryptocurrency for investment, which is really supported by the activities and focusing on the size of the Commission, the level of data security and the speed of transactions.

At first glance, for a novice investor, all this seems so inaccessible. Many will think that in order to understand all this, it will take years to study the laws of the economy and investment. But this far not so. Today, financial literacy is in trend and it is not so difficult to understand such a sphere as investments in cryptocurrency.

The problem is more that a lot of new types of cryptocurrencies enter the market and you can easily get to the fraudulent, not insured against such a loss - this is the reason that stops many people from buying this digital money. But I got acquainted with the Bitrust project, which set a goal to solve this task.
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Bitrust team creates a centralized platform for insurance of investments in cryptocurrency directly between its participants. It turns out there is a person who doubts any cryptocurrency, and on the other hand, someone who is sure that it will necessarily grow in price and he is ready to insure the money first for a certain reward.

The transaction will be concluded with the help of smart contracts, which further protects against fraudsters and increases the reliability of such cooperation. If you're not familiar with such contracts, I would help you with that: it is a special protocol designed for parties who can participate in negotiations, check their terms, implement agreements and monitor the performance of the contract.
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This allows reliable, traceable and irreversible transactions to take place without the involvement of third parties. The smart contract contains all information about the terms of the contract, and all actions stipulated by the contract are performed automatically.

This is the first company of its kind to offer a pretty attractive idea, and it will suit retail investors who operate from $ 100 to $ 100,000 each month. So you can say you can double win: the digital currency can rise in price and you have insured a possible decrease!

In other words, you hedge your risks, but the current well-known hedge funds work with investors who have a capital of more than $ 100,000, or even one million. So this is the most optimal and quite profitable offer available to almost everyone. As you know a large pool allows more maneuvers and varied diversification rational.

The platform itself is the product of an officially registered company BTF Project Limited and it is planned to launch no later than January 2019, provided that there will be enough funds in tokensale.

More information you can find on these links:

Website: https://bitrust.co.uk/

Whitepaper: https://bitrust.co.uk/files/whitepaper.pdf

Bountyhive username: Aivaryamal

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Wonderful post ..thanks for sharing...Best of luck friend ✫

Insanely creative idea! I wish success to the team! Well, thank you for the review of the project!

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This post is resteemed and upvoted by @bestboom

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Wonderful post ..Best of luck friend ✫
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长知识了!

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nice solution in insurance market

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Great idea! In this time everyone currency can damp or "to the moon" and for many people this project can be interesting

Good article !

I'm following the project!