Best Individual Crypto Insurance Policy for You
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Insurance for cryptocurrencies is important when you take the insecurity of the cryptocurrency ecosystem into consideration.
The valuation of cryptocurrencies has lately soared and are trading for billions of bones and have a concerted request cap of around$ 300 billion, an quantum that’s prognosticated to be as high as $5 trillion in a many short times. This has redounded in substantial thefts of online holdalls and exchanges. The average investor holds thousands of bones worth of these digital coins, and because these coins are held in a virtual space, and not a physical vault, they’re more exposed.
Cryptocurrency investors and businesses do n’t have the luxury of the same forms of protection and security as other further palpable diligence, and that’s where cryptocurrency insurance comes in.
This insurance provides the security that an investor needs and allows them to grow their investment safe in the knowledge that they will be covered in the doubtful event it’s stolen.
Fraud & Risk Prevention
The insurance industry benefits from blockchain’s functionality by using it to simplify and automate the user onboarding process. More specifically, blockchain allows the verification of various identity documents provided by a new customer.
It then gives specific access rights to the relevant people involved in the process, replacing centralized databases for managing data and documents. This makes KYC (know your customer) and due diligence procedures easier and faster for the client, and more reliable and simple for the insurer.
Professional Insurance Of Your Cryptocurrency And Digital Assets
· Secure key storage to government grade standard.
· Business Continuity Planning.
· Recovery of your crypto funds if your business or your customers lose access.
· KYC and AML compliance.
· Protection against theft and fraud.
· The ability to offer your customers enhanced cover options.
Safety From Crypto Experts
Multi-million worth of cryptocurrency and digital assets get lost every year through different means. And since we now practically live our lives digitally, the insurance industry too has joined the digital evolution. Best Crypto Insurance Company
Our technology at Cryptocurrencyinsurance.io comprises a team of the most professional specialists. Their wide range of expertise span; blockchain experts, cyber security experts, insurance experts and law enforcement agents.
So when you adopt our standard, you automatically access:
· Expertise in creating and securely storing private keys
· Government-standard security and insurance protocols as well as access control
· Cryptographic Key materials stored offline in Federal Standard (FED STD) 832 Class A vaults
· Optional recovery time-lock controls for additional collusion protection
· Business continuity and disaster recovery protection for your crypto assets
Secure Partnership Across Industries
Our Partners include:
1. Exchanges and wallet Providers: Make trading safer and boost income from your customers
2. Infrastructure Providers: Integrate Cryptocurrencyinsurance into your technology to be able to provide world-beating safety.
3. Institutional Investment Providers: Get the scalable safety infrastructure you need to take advantage of crypto
Additional Crypto Protection Offers
DeFi Insurance
You buy coverage against a specific event, as well as a number of multiple events. This ensures you are protected against capital loss due to the covered event(s).
Nexus Mutual
A digital cooperative that operates as a discretionary mutual. Offering a decentralized insurance / an “alternative to insurance” for Ethereum users.
Smart Contract
An automated contract with the terms of the agreement between buyer and seller. It is directly written into lines of code. Read More Info…
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