KUVERIT: Combines Peer To Peer Trade Assurance, Which Is Designed To Remove Peer To Peer Fraud:

Francis Odinigwe

OVERVIEW OF THE KUVERIT PLATFORM:

Introduction:

Kuverit is an innovative solution from the developers of the project under consideration, which combines a peer-to-peer network and Blockchain Technology into a single whole. Such a unified system will contribute to the elimination of fraud between two persons interested in obtaining mutual benefits. Kuverit is the first launching peer-to-peer (P2P) insurance application. The company gives you a two-way transaction. It is a rule of thumb for a new buyer. It should be noted. It is simply that the statement will be made. Kuverit will not help clients with guarantors.

Global fraud is reaching epidemic levels with an annual economic price tag of more than £3.2 trillion. The UK economy alone loses more £110bn to Fraudsters each year. Fraud professionals are urging organizations to focus more of their resources on fraud prevention, estimating that doing so could add an astounding £44 billion annually to the UK economy. Kuverit’s innovative mainstream solution will combine peer to peer guarantee trading, designed to eradicate peer to peer fraud, with the world’s first “fully independent” amplified Blockchain insurance company, designed to protect everything for everyone, everywhere.

Research shows that 37% of insurance customers would prefer using smart technology rather than speaking to an agent. Personal experience, automation and amplification is what will gain consumer confidence moving forward. Daily life is demanding enough, we live in the age of the smartphone where consumers demand speed and efficiency. Kuverit’s Smart Insurance application will harness Blockchain to power instant its payments and decentralized claims processing system. Kuverit will increase choice, meet consumer expectations and most importantly build a friction-less, modern insurance application.

THE ADVANTAGES OF KUVERIT PLATFORM:

a. Customer Smart Insurance:

According to recent studies, it became clear that users prefer innovative technologies (Blockchain), rather than a lively conversation with each other to conclude an agreement on paper or words. This is Kuverit’s undoubted advantage.

b. Instant Payments:

Since the Blockchain technology is used, there is no need to pay through the banking system (third party).

c. Security:

Since smart contracts are used instead of paper contracts, all agreements are protected at a high level. It is impossible for one person to change an item. For these purposes it is necessary to involve all representatives by agreement.

d. Reputation:

Before you sign a possible agreement, you need to know the person with whom you can deal in the future. The Kuverit application provides this opportunity, since all the customer information is stored in the database. This means that cooperation with a dishonest person is cut off at an early level.

P2P FRAUD PROTECTION:

· Protect Yourself

· Protect Your Friends

· Protect Your Family

· Protect the Vulnerable

The Kuverit application will allow you to check the reputation of a stranger before dealing with them and protect you from financial loss if the transaction goes wrong. The widespread fraud, the inefficiency of payment solutions, the lack of protection between the buyer and the seller, and costly interim functions, all of which impede business transactions and the return of the economy and individuals back. Kuverit innovative, innovative solution will implement a trade guarantee aimed at eradicating peer-to-peer fraud, with the world’s first fully independent Blockchain of insurance companies designed to protect everything, everyone and everywhere.

The threat of fraud is growing and the method of fraud is improving every day. Insurance industries must, therefore, take a proactive approach both to detection and prevention, to provide security systems to protect the interests of their customers. And for this, Kuverit’s innovative core solution will combine peer-to-peer guarantee trading designed to eradicate peer-to-peer fraud, with the world’s first “fully independent” specialized insurance a Blockchain company designed to protect everything for everyone and everywhere.