Blockchain Startups to Provide Decentralized Insurance

Bee Token and WeTrust companies partnered to provide a decentralized insurance layer based on crowdsourced security deposits for Bee Token users
29 January 2018   250

Bee Token, a San Francisco-based startup utilizing an ERC-20 ​utility ​token for its Beenest decentralized home-sharing network, announced on Friday a new partnership with WeTrust, a blockchain-based platform for financial empowerment, to provide a decentralized insurance layer based on crowdsourced security deposits for Bee Token users, and improve risk assessment capabilities by integrating user history on the Beenest platform.

Bee Token and WeTrust will collaborate to incentivize good behavior among users by sharing information around trustworthiness and creditworthiness, thus minimizing risks associated with property damage to hosts’ rentals at cheaper insurance rates that cover both property and/or furniture damage.

This collaboration is exactly the sort of innovative use case that we believe will demonstrate the advantages of our platform in managing the complex processes involved with decentralized insurance and insurance-like products across diverse industries.

 

George Li

WeTrust, CEO

Recently, we have reported that Bermuda is aiming to make the government more efficient switching its property deed system to blockchain.

UCLA Blockchain Crypto Conference to be Held in LA

The UCLA Conference will be held on February 17-18 of 2018, gathering together the most experienced and exciting thinkers
17 February 2018   218

UCLA's Blockchain Lab and Far from LA are holding the Blockchain Cryptocurrency Conference, gathering together the most experienced and exciting thinkers across SoCal, in order to foster both economic and educational progress. The conference will concern cybersecurity, cryptocurrencies, and blockchain.

The UCLA Conference will be held on February 17-18 of 2018.

Location: The University of California, Humanities Building, 415 Portola Plaza, UCLA 90095, Los Angeles

The headline speakers will include Kathleen Breitman, the co-founder of Tezos; Sandra Ro from UWIN Lab; David Moss from EOS; Jeremy Rubin, the Bitcoin core developer, and many more.

The agenda of the conference is as follows: the future of blockchain keynote, bringing humanity to the blockchain, cybersecurity, autonomous vehicles, blockchain's influence on the development of art and culture, blockchain in the music industry, government adoption of blockchain around the world, and more.