Ratified by Superintendence of Private Insurance plan, 88i encourages inclusion and innovation in insurance policies by deploying the Artificial Intelligence and Threat Design and style tactic in 100% Cloud natural environment, Blockchain, and IoT. The investment decision by Dash will not only improve the mass adoption of Blockchain technologies and cryptocurrencies in Latin The usa but will also guide to the democratization of insurance plan in Brazil.
The workforce at 88i intends to use the invested quantity to employ the highly developed Blockchain engineering of Dash for the revolutionization of insurance policies organization solutions by much better shipping and delivery of coverage goods, enhancement in digital advertising, growth of infrastructure, and acceleration of the commercialization of insurance policies innovations. With the enable of the investment decision fund, 88i will be capable to use the higher-velocity network of Dash for the registration of nano and micro insurance policy in real-time. The community shall allow brief and effortless recording and verification of policies and make sure timely remuneration of coverage claims. The superior Blockchain technologies of Sprint assists in the generation of rely on in the trustless ecosystem of insurance plan.
It is envisioned that 88i can increase a earnings of close to R$7 million by marketing extra than 50,000 insurance insurance policies by the conclusion of 2021.