Insurance Blockchain Startup Inchain Cuts Deal with Livecoin Exchange

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Insurance Blockchain startup Inchain and Livecoin Exchange have signed a deal this week awarding Livecoin Exchange an exclusive one week post ICO contract to provide its trade platform for Inchain tokens after its official opening.

“We are extremely please to sign this deal with Livecoin and look forward to a long, strong relationship with them as we take this journey into revolutionising the insurance industry with Blockchain technology,”  said Sergey Primatchik,  co-founder of Inchain. “We really like the user interface and design of Livecoin… it’s easy to use for both non-experienced and crypto-veterans alike.”

Inchain is a decentralised insurance platform that mitigates risks associated with total or partial losses of crypto assets due to cyber attacks and hacks that places Ethereum smart contracts at the core of the platform so it requires minimal human involvement.

The InChain team plan is to first build Blockchain insurance products for the cryptocurrency community then expand into more comprehensive industry solutions for the general insurance industry within two years. A key feature of the platform is that the insurance fund is managed in line with the principles of distributed autonomous organizations (DAOs).

To manage the insurance fund efficiently and earn healthy returns for Inchain token holders—as well as to pay out bond coupons—a certain part of the fund is invested in various assets and ventures in accordance with the strategies approved by token holders.

Inchain’s Initial Coin Offering (ICO) is to kick off October 12 and open to all investors.

“We at Livecoin are pleased to announce cooperation with the Inchain project and reaffirm our interest in participating in a pilot project together with them. Livecoin will have exclusive rights for a period of time after launch and we hope that this project will shine a new light in the altcoin world – as well as the security and confidence to all participants cryptocurrency market,” said Livecoin CEO Svetlana Geller.

Livecoin is a modern service for accessing cryptocurrency exchange markets which provides users with a comfortable, practical and profitable platform with which to work with cryptocurrencies – suitable for both beginners and experienced traders and offers a trading between a range of currency pairs, including multiple fiat currencies.

On most exchange websites you only have the option to trade altcoins against BTC, which can make things a lot more complicated when calculating profit and loss, and also adds a layer of unnecessary expense because you need to pay fees on two sets of exchanges rather than one.  The Livecoin exchange offers a good range of options to let you trade altcoins for fiat directly.

Livecoin’s benefits briefly:

  • Easy registration, no verification required;
  • Easy to use, intuitive and powerful interface;
  • Flexible trading fee, which depends on the trading volume;
  • Different types of orders: Market, Limit, Pending;
  • Low fees for deposit and withdrawal of funds, a wide choice of payment systems;
  • Modern 2–level account security system: 2-factor authentication, white list of IP-addresses, pluggable e-mail and sms notification;
  • Friendly and fast support;
  • Profitable affiliate program, that allows you to choose interest rate.

For more information please contact Sergey Primatchik at sergey AT inchain.io

About Richard Kastelein

Founder, Publisher and Editor in Chief of industry leading online publication, Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC. Kastelein is also an advisor with a number Blockchain startups doing ICOs including Humaniq.co where hs is interim CMO, DECENT.ch, Inchain, Chronobank, eGaas and others. He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List.

As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven, Bucharest, Nairobi, Tel Aviv, Manchester, Brussels, Barcelona etc, where he helped spread the cause for Blockchain technology and cryptocurrency and, consequently, has built a notable network in the scene.

He’s also a director of a Dutch foundation called The Hackitarians and has run innovation events in London, San Francisco, Berlin, Amsterdam and other cities around the world on topics such Blockchain, Health, Energy, Internet of Things, AI etc.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

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