Decentralized Insurance for the Blockchain, Safeinsure is a decentralized insurance marketplace bringing equitable price discovery and global access to insurance policy shoppers worldwide. SafeInsure puts consumer power back in your hands with an honest, accountable, and democratic insurance marketplace on the blockchain.
How the SafeInsure Coin Works? The SafeInsure marketplace has a native currency which is the SafeInsure coin (SINS). All transactions made between insurance policy providers and consumers will require SINS.
Additionally, insurance-related products and the insurance pools will require SINS. In effect, the only currency accepted within the SafeInsure ecosystem is SINS. Masternodes Apart from being used as the primary currency in the SafeInsure ecosystem, SINS is required for operating a masternode to secure the SafeInsure network. Masternode operators get rewards for their work with a return on investment (ROI) commensurate with their collateral.