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Showing posts from June, 2021

Determine your path in blockchain NFT investment

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  The market is set for the rise of NFT initiatives that come from the down-to-earth demand. Earlier this year, a surge in the trading value of NFT creations caught the attention of investors all over the world. But is this latest investor craze worth these impressive valuations? The blockchain NFT market contains many types of players, including individual artists/creators, collectors, individual investors, technology companies, and innovative product companies. Each type tries to harness appropriate values in different approaches. NFTs start with an epic appearance with a speculation fever Investors are quite sensitive to new investment channels. They found out that blockchain NFTs have satisfied true collectors, providing them with the ability to completely own a unique digital asset. When collectors are willing to shell out a large amount of money to own the things they want, it creates an opportunity for a wave of speculation in NFTs. Speculators have been constantly looking ...

Blockchain solutions are setting a new foundation for microinsurance

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  Blockchain solutions are setting a new foundation for microinsurance. The goals are simplifying the claiming process and approaching more customers.  [caption id="attachment_4954" align="aligncenter" width="2250"] Blockchain solutions-NEW[/caption] Microinsurance models with small premiums are very beneficial for low-income people, mostly farmers in developing countries. However, both the insurance companies and the farmers showed little interest in this model due to factors such as low-profit margins, high operation costs, and complex payment processes. Some analysts believe that the growth of digital transformation and blockchain solutions is bringing new opportunities to turn microinsurance into a new phase. Accordingly, when designing a reasonable blockchain and smart contracts model, microinsurance will become a business with the potential for sustainable and profitable development. Determine the essential of digitization in microinsurance The und...