Zeusshield System is a new blockchain AI insurance solution that has appeared on the blockchain market. It is an open source decentralized program that has been in development in Github for a while.
The main goal of this platform is to give more security for insurance companies by applying blockchain solutions to solve their problems and building a new insurance ecosystem that can use AI to improve its results.
How Does The Zeusshield System Work?
This company utilizes the blockchain technology to apply trust management techniques to insurance services. The company can offer services like digital identities by using smart contracts, for example. As the blockchain is considerably stable and it cannot be altered, you can use to check identities easily and this might help to prevent frauds.
As editing is possible on the internet, it is less trustworthy than information that will be stored on the blockchain forever. Also, the Zeusshield System can be used for personalized policies and pricing. The AI modules of the system can provide accurate solutions for the users about the risks that they may have and give them the necessary tools for the creation of personalized policies for every different type of client.
Other utilities of the Zeusshield System include precision marketing, which can be made with the analysis of data for more accurate marketing strategies and verification and acceptance of insurance via the AI system. The modules can be a helping hand whenever you need to deal with the acceptance of new accounts, which can be useful for cutting costs.
The platform is still in development and it will probably be until 2019 at least. Zeusshield is only an idea that still has a not of work to do to get where it wants. The team is planning the ICO to sell the tokens of the company in the middle of 2019, when development with have been in a further stage.
Zeusshield System Partners And Team
The founding team of Zeusshield is formed by Logshan Fangshu, Huang Wei, Xie Shaushoai and Chen Meiyi, which are all experts in banking and blockchain technology from China and Southeastern Asia and decided to open this project on Github. The company has a board of directors, but the development has freedom to develop the platform as the developers see fit to the situation.
They are aided by the technical team composed by Yao Yong, Jiang Wei, Li Pengyu and Want Yunqiao. The consultants of Zeusshield System are Tim Michael Buhr, Russel Muzenmda and Li Hongyin. Some partners of Zeusshield are All Binary Solution Provider, XSina, Gameport and HitBTC. The company is currently looking for more partners.
The Zeusshield System Verdict
If you work with insurance, the Zeusshield System can certainly be a good tool for you, so it would be a good idea to keep an eye in this project if you do not have another tool that you already use. The ICO is still a long time away from now, but it is never too early to start to monitor companies that can be interesting for you.