SafeInsure (SINS) is currently priced at $ 0.00128535, with a market cap of $ 32.0K, and ranked #4308 in the global cryptocurrency market.
SafeInsure (SINS) is a decentralized cryptocurrency that creates a direct link between insurance policy shoppers and the insurers worldwide. This marketplace built on blockchain technology brings equitable price discovery and global access to insurance seekers, putting the power right back into the hands of consumers. This system promises to be accountable, transparent, and democratic.
The team behind SafeInsure is comprised of blockchain experts and insurance industry professionals. However, specific team member details are not disclosed on their website. Their combined knowledge and expertise has allowed them to establish a blockchain-based platform that aims to revolutionize the current insurance marketplace.
SafeInsure is designed to benefit insurance shoppers by providing a platform that facilitates fair price discovery and offers access to insurance companies worldwide. By using blockchain technology, SafeInsure can eliminate the need for lengthy paper trails, increase transparency and accountability in the process, and reduce the risk of fraud. All transactions and insurance contracts on SafeInsure platform are stored as digital records on the blockchain, providing a reliable and secure way to buy insurance.
What sets SafeInsure apart from other digital currencies is its direct application to the insurance industry. While many cryptocurrencies focus on generic financial transactions, SafeInsure aims to specifically disrupt and democratize the insurance marketplace. Its use of blockchain technology promises an equitable, transparent, and accountable system for insurance services, providing a crucial solution to many existing pain points in the industry.
There is currently a circulating supply of 24.9M SINS tokens. However, the total supply of SafeInsure tokens is 21.0M.
The 24-hour trading volume for SafeInsure (SINS) is 403.4. This number essentially represents how much of the currency has been bought and sold in the given time period, and it indicates the liquidity and popularity of the coin in the market.
SafeInsure can be purchased on the following cryptocurrency exchanges: SouthXchange, CREX24, Graviex. It's important to note though, before you purchase any cryptocurrency, do your own thorough research and understand that investing in cryptocurrencies can come with high risks.
SafeInsure claims their network of blockchain is secure due to the decentralized nature of the technology. This implies that no single entity has control, making it hard for fraud or hacks to occur. Furthermore, all transactions and contracts recorded on the platform are immutable, boosting the network's security. However, it's still crucial for users to adopt good safety practices to add an extra layer of protection for their digital assets.
SafeInsure is focused on continuously enhancing their platform to meet the needs of their growing user base and evolving marketplace. While there are no specific future developments disclosed, it can be expected that the team will follow the trends and changes in both blockchain technology and the insurance industry to continually innovate and deliver a competitive product.
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