London-based company InsureX has said it will launch an initial coin sale on 11 July to raise funds for the development of a blockchain-based platform for the trading and management of insurance products. "We want to add greater speed and security to the process," said Ingemar Svensson, the CEO of InsureX. Contributors will receive Insurance and Insurtech tokens enabling them to pay for transactions and data on the Ethereum-based platform.
London-based company InsureX has said it will launch an initial coin sale on 11 July to raise funds for the development of a blockchain-based platform for the trading and management of insurance products. "We want to add greater speed and security to the process," said Ingemar Svensson, the CEO of InsureX. Contributors will receive IXT tokens enabling them to pay for transactions and data on the Ethereum-based platform.