Connect with us

Blockchain

iXledger – Peer to Peer Blockchain-based Insurance Solutions

Blockchain is a radical new technology that creates a distributed ledger that is verifiable between two parties and does not require an intermediate third party. It is quickly having a profound impact on a number of industries, especially in finance and healthcare. In fact, the first killer application of the blockchain was Bitcoin, a digital…

The post iXledger – Peer to Peer Blockchain-based Insurance Solutions appeared first on Blockchain Healthcare Review.

Published

on

Blockchain is a radical new technology that creates a distributed ledger that is verifiable between two parties and does not require an intermediate third party. It is quickly having a profound impact on a number of industries, especially in finance and healthcare. In fact, the first killer application of the blockchain was Bitcoin, a digital money. Healthcare insurance is a logical next step because it combines the properties of verifiable financial transactions, and the intense demand for solutions in this sector. Fortunately, iXledger has emerged to create a new platform for consumer health insurance on the blockchain. The firm has created a substantial new system that could be a game changer.

ixledger

iXledger serves primarily as a transparent platform for buying insurance and verifying insurance information. For consumers, the blockchain record is an extremely useful feature that has no comparison. This platform allows others to use the blockchain to verify all of your insurance information including:

  • Name of the Insured Person, Group or Asset
  • The insurance company registration number
  • Registered insurance products
  • Policy inception date
  • Policy status

This data, which the user will have complete discretion over, is instrumental and is commonly required. However, most people were not able to easily prove their status in the past without having a inconvenient and unreliable card.

The process is fairly simple. The user first signs up and completes an assessment of what they need. They include all of their background information and finally submit it for various insurance offers. The client receives quotes and chooses the one that most fits their needs. They finally make the payment and complete the order. The insurance policy is now in place.

Potential Adopters

Accessing Medical Care

First and foremost, iXledger’s primary benefit is for individuals to easily prove acquire and demonstrate electronically that they have insurance as soon as they enter a medical clinic. When they walk in, they can produce the QR code or iXledger link that proves the insurance they already have. The clinic simply scans the code or clicks the link and receives the 100% proof of the insured contract.

The patient is no longer sitting and waiting to see if the clinic can find the healthcare or if it meets the standards. All of that information is already stored and ready for delivery. That reduces stress, smooths the payment process and makes life easier for everyone.

Home Refinancing

Many consumers seek to refinance their homes. However, in order to get a great rate and convince the bank they are worthy borrower, they must prove they have sufficient insurance in case anything happens. The iXledger platform quickly proves this insurance coverage. Consumers do not have to go back and forth between the bank and insurance firm with different documents. Rather, they can simply point to the iXledger platform for all of the data required.

Professional Driver Applicant

There are millions of professional drivers around the world. These individuals drive cabs, buses, private cars, trucks, motorcycles and many other types of vehicles. However, when they are applying for a new job, the hiring manager often wants to see that the vehicle is insured for cargo. At the very least, every person needs to be insured for accidents.

Using iXledger, drivers can simply point their potential employers or contractors to the site. All of the data will be there and will be completely fraud-proof. Employers will have more confidence in their drivers and will be more willing to hire them quickly.

subscribe

Source: https://blockchainhealthcarereview.com/ixledger-peer-to-peer-blockchain-based-insurance-solutions/

Blockchain

Robinhood Testing New Cryptocurrency Wallet as Demand Rises

Published

on

The millennial-focused trading portal is edging closer to launching a long-awaited app that will enable its growing user-base to send and receive cryptocurrencies.

A beta version of Robinhood’s iPhone app showed the company’s latest upgrades on the new digital asset features, according to Bloomberg.

There is a hidden image showing a waiting list for users eager to get their hands on the app and code referring to crypto transfers, it added.

Delving Deeper into Crypto

Robinhood users can already buy and sell cryptocurrencies on the platform but they need to convert them to and from USD. With a native app, users will be able to send crypto assets to each other directly and set up two-factor authentication for additional security.

Robinhood Chief Executive Officer Vlad Tenev stated that adding crypto wallets is a priority for the company’s developers and they are actively working on such.


ADVERTISEMENT

“The ability to deposit and withdraw cryptocurrencies is tricky to do with scale, and we want to make sure it’s done correctly and properly.”

He did not specify a launch date, but the beta app leak suggests it is not too far away. Users of the new functions will need to activate crypto sending and receiving and the registration page will require an identity check, the report added.

On Sept. 11, CryptoPotato reported that Robinhood had launched incentives to promote longer-term cryptocurrency investing. The zero-fee recurring purchase feature enables users to schedule digital asset purchases for regular intervals with buys as low as a dollar.

This will encourage customers to build their cryptocurrency portfolios over time and “become a whole coiner,” stated Robinhood.

Robinhood Users Hungry For Crypto

Cryptocurrency trading has been one of the biggest drivers of revenue for Robinhood this year. Dogecoin has been the crown jewel, according to the company. It reported that 62% of its $233 million in second-quarter crypto income came from DOGE trading.

It added that more than half of all transaction-based revenue on the platform came from digital asset trading. The firm did warn that Q3 would not be as prosperous due to “seasonal headwinds and lower trading activity across the industry.”

Robinhood share prices have already fallen 43% since their all-time high of a little over $70 in early August. They are currently trading down 1.68% since Monday’s open at $40.70 according to Yahoo! Finance.

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

You Might Also Like:


PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://cryptopotato.com/robinhood-testing-new-cryptocurrency-wallet-as-demand-rises/

Continue Reading

Blockchain

Snoop Dogg Reveals His Connection With Twitter Account on NFTs

Snoop Dogg Twitter

Rate this post American rapper Snoop Dogg tweeted on Monday that he’s the owner of a Twitter account that talks about nonfungible tokens (NFTs). The account, named @CozomoMedici, shares “insights and tales from the wild world of NFTs” and has 27.7K followers at the moment. Snoop Dog Claims to Be Popular NFT Advocate on Twitter Snoop Dogg left the crypto community stunned this week after he revealed himself as the owner of a Twitter account dedicated to NFTs.  The account Cozomo de’ Medici, named after an Italian banker, is only a month old. However, it has already garnered attention from industry watchers and even a mention from crypto-focused news outlet The Block.   According to The Verge, the person behind the Medici account had been creating hype around their real identity for “at least a few days” and even conducted a poll for their followers to take a guess. The poll featured Democratic congresswoman Alexandria Ocasio-Cortez and Matt Bellamy, the lead singer of the rock band Muse. Snoop, however, was not mentioned in the poll. On September 20, @CozomoMedici tweeted that they were about to reveal their identity from their account. Shortly after, Snoop Dogg tweeted “I am @CozomoMedici.”   Interestingly, after making this revelation, the Medici account bought two weed-themed collectibles from an artist named NyanDogg, The Verge reported. Additionally, Snoop’s alleged OpenSea account has been sent  “a cloud of blunt and Snoop-themed NFTs” following the reveal. Is Medici Account an Elaborate Prank? The Medici account could likely turn out to be an elaborate prank, one that Snoop might have engineered himself or just participated in. Many reactions to Medici’s reveal have also expressed skepticism about Snoop’s involvement. “I have a hard time accepting that this account is Snoop Dogg. Like seriously Snoop Dogg muted his live stream for a week (?) by accident. And he is that deep into NFTs out here owning crypto punks… Owning Eth using OpenSea. Would love that to be true but I can’t believe it,” Twitter user @Brandolf485 wrote in the comments. Nonetheless, the crypto community will have to continue looking for concrete proof till Snoop’s involvement with the account is confirmed. 

The post Snoop Dogg Reveals His Connection With Twitter Account on NFTs appeared first on Cryptoknowmics-Crypto News and Media Platform.

Published

on

American rapper Snoop Dogg tweeted on Monday that he’s the owner of a Twitter account that talks about nonfungible tokens (NFTs). The account, named @CozomoMedici, shares “insights and tales from the wild world of NFTs” and has 27.7K followers at the moment.

Snoop Dog Claims to Be Popular NFT Advocate on Twitter

Snoop Dogg left the crypto community stunned this week after he revealed himself as the owner of a Twitter account dedicated to NFTs. 

The account Cozomo de’ Medici, named after an Italian banker, is only a month old. However, it has already garnered attention from industry watchers and even a mention from crypto-focused news outlet The Block.  

According to The Verge, the person behind the Medici account had been creating hype around their real identity for “at least a few days” and even conducted a poll for their followers to take a guess. The poll featured Democratic congresswoman Alexandria Ocasio-Cortez and Matt Bellamy, the lead singer of the rock band Muse. Snoop, however, was not mentioned in the poll.

On September 20, @CozomoMedici tweeted that they were about to reveal their identity from their account. Shortly after, Snoop Dogg tweeted “I am @CozomoMedici.”

Interestingly, after making this revelation, the Medici account bought two weed-themed collectibles from an artist named NyanDogg, The Verge reported. Additionally, Snoop’s alleged OpenSea account has been sent  “a cloud of blunt and Snoop-themed NFTs” following the reveal.

Is Medici Account an Elaborate Prank?

The Medici account could likely turn out to be an elaborate prank, one that Snoop might have engineered himself or just participated in. Many reactions to Medici’s reveal have also expressed skepticism about Snoop’s involvement.

“I have a hard time accepting that this account is Snoop Dogg. Like seriously Snoop Dogg muted his live stream for a week (?) by accident. And he is that deep into NFTs out here owning crypto punks… Owning Eth using OpenSea. Would love that to be true but I can’t believe it,” Twitter user @Brandolf485 wrote in the comments.

Nonetheless, the crypto community will have to continue looking for concrete proof till Snoop’s involvement with the account is confirmed. 

PlatoAi. Web3 Reimagined. Data Inteligence Amplifed.
Click here for Free Trial.

Source: https://www.cryptoknowmics.com/news/snoop-dogg-reveals-his-connection-with-twitter-account-on-nfts/

Continue Reading

Blockchain

TA: Ethereum Breaking This Confluence Resistance Could Spark a Recovery

Published

on

Ethereum started a major decline below the $3,200 support zone against the US Dollar. ETH price traded as low as $2,807 and it is now attempting a recovery wave.

  • Ethereum started a fresh decline below the $3,300 and $3,200 support levels.
  • The price is now trading below $3,200 and the 100 hourly simple moving average.
  • There is a key bearish trend line forming with resistance near $3,020 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could a steady recovery wave if there is a close above $3,050 in the near term.

Ethereum Price Corrects Losses

Ethereum started a major decline from the $3,500 resistance zone. ETH traded below many important support zones near $3,300 and the 100 hourly simple moving average, similar to bitcoin.

The bears gained strength below the $3,200 support zone. Finally, ether spiked below $3,000 and extended its decline. A low is formed near $2,807 and the price is now correcting losses. There was a break above the $2,920 and $2,950 resistance levels.

The price recovered above the 23.6% Fib retracement level of the recent decline from the $3,455 swing high to $2,807 low. An immediate resistance on the upside is near the $3,020 level. There is also a key bearish trend line forming with resistance near $3,020 on the hourly chart of ETH/USD.

Ethereum Price

Source: ETHUSD on TradingView.com

A close above the $3,020 and $3,050 levels could start a decent recovery. The next major resistance might be near the $3,130 level. It is near the 50% Fib retracement level of the recent decline from the $3,455 swing high to $2,807 low. A clear break and close above the $3,130 level could start a steady increase. The next major resistance sits near $3,300.

More Losses in ETH?

If ethereum fails to correct higher above the $3,020 and $3,050 resistance levels, it could start another decline. An initial support on the downside is near the $2,960 level.

The next major support seems to be forming near the $2,900 level. A downside break below the $2,900 support zone could lead the price towards the $2,800 zone. The next major support is near the $2,750 level, below which ether price might decline towards the $2,640 support zone.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is slowly losing pace in the bearish zone.

Hourly RSIThe RSI for ETH/USD is still well below the 50 level.

Major Support Level – $2,960

Major Resistance Level – $3,050

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://www.newsbtc.com/analysis/eth/ethereum-confluence-resistance-3050/

Continue Reading
Uncategorized5 days ago

Swissquote Confirms European Expansion Plan, Focusing on Crypto

Uncategorized5 days ago

Bingbon Launches its Carbon Free and Afforestation Project

Blockchain5 days ago

Massive NFT and Token Giveaway from Polker as Staking is Announced!

Uncategorized5 days ago

Nickelodeon All-Star Brawl will include DLC fighters post-launch

News4 days ago

Gods Unchained and Guild of Guardians Layer 2 Solution Immutable Raises $60 Million

Blockchain3 days ago

Over 40 days after Ethereum’s EIP-1559, here’s where it stands

Blockchain5 days ago

Opensea NFT marketplace Accuses Senior Employee of Insider Trading

Blockchain5 days ago

Grab a spot in Tomi’s presale by bagging an NFT – 260+ ETH raised!

Blockchain5 days ago

Kanga Exchange Partners with Tenset for an Exclusive Public Sale of KNG Token

Blockchain3 days ago

Cardano Sees an Influx in Smart Contracts ! But There’s a Twist

Blockchain5 days ago

If Shiba Inu is a ‘shitcoin,’ why are exchanges still listing it

Blockchain5 days ago

Over $1B Worth of ETH Burned in the Aftermath of Ethereum’s London Upgrade

Blockchain5 days ago

Ethereum, NEO, Dogecoin Price Analysis: 16 September

Uncategorized2 days ago

NBA 2K22 Limitless Spot-Up and Chef Badges Explained

News5 days ago

MicroStrategy Issues a Response to FASB’s 2021 ‘Invitation to Comment’

Uncategorized4 days ago

Laos Green-Lights Cryptocurrency Trials

Blockchain5 days ago

Bitcoin Cash: A 40% hike may be incoming from this setup

Uncategorized4 days ago

DeFi comes to Cardano (ADA) as EMURGO announces ‘Astarter’

Uncategorized5 days ago

Tether Claims to Hold no Commercial Paper From Struggling Evergrande

Blockchain4 days ago

Bitdefender Releases Tool To Decrypt Files Affected by REvil/Sodinokibi Ransomware

Trending