UNIZON - InsurTech Innovation Through Blockchain Technology A mutual aid protocol that returns to the origins of insurance.

In a return to the origins of insurance, as it was with mutual aid associations of the past, we will not be providing insurance, rather we will provide a venue where users can freely design there own insurance

ICO Status

Status
Successful
Symbol
UZN
Start Date
2018-03-15
End Date
2018-07-22
Soft Cap
6,000,000 USD
Hard Cap
36,000,000 USD
Initial Price
1 UZN = 0.2 USD
Token Supply
180,000,000
ICO Website Owner of UNIZON?
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Basics

PlatformN/A
TypeN/A
AcceptingOthers
Circulating Supply34.6%
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

About

In a return to the origins of insurance, as it was with mutual aid associations of the past, we will not be providing insurance, rather we will provide a venue where users can freely design their own insurance.

On this platform, users can freely create insurance plans, and users can freely join any insurance plan that has been launched that is meaningful to them. Unizon is an innovative mutual aid protocol (escrow platform) that utilizes blockchain technology.

For many who work in the insurance industry who agonize over the divergence between the ideals that insurance companies espouse and the actual products they offer, this will make is possible to create an entirely new insurance plans that are truly needed, from design to delivery.

Recognizing that asset management is not an essential element of insurance, we believe pooling premiums collected within member groups as shared assets will enable mutual risk hedging. Therefore, we will implement this natural mutual aid mechanism in Unizon.

Doing so will allow us to reduce unnecessary business processes and costs, and avoid falling into the trap of opaque fund management. Additionally, if uncertain risks do not become a reality, a surplus is produced in the shared assets, and is distributed to insurance plan members.

We will collect small fees to support efforts to improve and expand Unizon, but will not pursue profitability beyond that. We will also establish an escrow platform free of conflicts of interest by building a service design that prevents this.

Team

Donald Barnes
Donald Barnes
CEO / Founder
James Schmitt
James Schmitt
CSO / Co-Founder
Stephen Berezny
Stephen Berezny
CTO / Co-Founder