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/biz/ - Business & Finance


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8979979 No.8979979 [Reply] [Original]

What do we think about the blockchain insurance industry initiative?

"In March 2017, we commenced our first project as a Proof of Concept (POC) to create a Property Catastrophe XOL “smart contract”. This product was chosen as it represents the simplest form of contract on which to base our development and test the capability and viability of the technology."

https://b3i.tech/home.html

>> No.8980273

Didn't we get info from a self-claimed insider that called himself MrB3i? Very bullish for chainlink!.

>> No.8980444

>>8980273
This is correct

>> No.8980484

B3i May also refer to Basel 3, which is a much bigger deal

https://www.bis.org/bcbs/basel3.htm

>> No.8980917

>>8980273

yes, need to dig it up.

"The consortium introduced its first product - a blockchain prototype for property catastrophe excess of loss reinsurance contracts - in 2017, and the new company expects to kick off the first live trades on the platform by the end of the year. It also revealed in the statement that it has several other products in development, though it did not provide further details."

https://www.coindesk.com/blockchain-insurance-consortium-b3i-pivots-full-fledged-startup/

>> No.8980949

Just say I'm larping I don't care.

>No relation to ChainLink
>Creating own Blockchain solution
>Will take at least 5 years dev

>> No.8980970

>>8980273

here's link anon

>>/biz/thread/8753711#p8756575

>> No.8981231

>>8980484
I remember the guy coming back here and saying his trip was misleading. I got the impression he was hinting at Basel 3 not B3i. Either one isn't a bad thing.

>> No.8981749

>>8981231
I got impression it was more likely the other way around. This most recent info aligns more with his previous posts.

>> No.8981861

>>8981749
Not doubting you senpai. Have been out the loop the last couple days.

>> No.8982017
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8982017

>>8979979

>> No.8982372

>>8981231
>>8981749
he came back and basically said stop looking into his name...meaning we got too fucking close.