About PolicyPal Network
PolicyPal Network is a platform built with a twofold vision of addressing key issues that overlap the fields of both insurance and cryptoassets in the world today.
- Giving a peace of mind to the cryptocurrency community with CryptoProtect.
- Providing the unbanked the access to protection with mutual aid insurance.
- Brings transparency, accessibility and cost savings to all stakeholders.
- Mitigate elements of conflict in traditional, centralized insurance models.
Features
- CryptoProtect – Cyber security service in partnership with Insurers to protect cryptocurrency assets.
- Inclusive Insurance for Emerging Markets
- Smart Insurance Contracts - weather condition triggers, fraud detection, pricing algorithm adjustments, claims submission and payout.
- Instant settlement and issuance of policies.
- Secured blockchain design for privacy to protect sensitive policyholder details.
PolicyPal Network Roadmap
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Q1 2018
- Launch of Website and WhitePaper
Announcement of Partnerships in emerging countries
Proof of concept for CryptoProtect insurance with global insurer
Alpha Release: PolicyPal Network on Ethereum Testnet
Token Generation Event ("Token Generation Event").
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Q2 2018
- Alpha Release: PolicyPal Network on Ethereum Testnet with Partner in new country
Beta Release: PolicyPal Network on Ethereum Mainnet with Partner in new country
Alpha Release: Testing of CryptoProtect insurance with Partner
Launch: Cryptocurrency insurance with Global Insurer
Alpha Release: Testing of bonus in PYPL tokens with selected community members
Launch: Bonus in PYPL tokens for members who purchase policies.
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Q3 2018
- Alpha Release: PolicyPal Network Blockchain
Beta Release: PolicyPal Network Blockchain with Proof of Stake
Launch: PolicyPal Network Blockchain with exchange of erc20 tokens onto PolicyPal Network Mainnet
Launch: P2P Mutual Aid Insurance – Personal and Life Insurance on PolicyPal Network Blockchain.
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Q4 2018
- Further expansion of PolicyPal Network into other Asian countries
Proof of concept for new insurance products with global insurer on Blockchain
Launch: P2P Mutual Aid Insurance – Agriculture and Property Insurance on PolicyPal Network Blockchain
New product ideas and ongoing iteration.