Bitrust - The First Cryptocurrency Insurance Platform

BITRUST offers a simple, affordable, secure and easy-to-use risk mitigation solution for cryptocurrency enthusiasts around the world.
Overview
At BITRUST they truly believe that cryptocurrencies have several advantages over fiat currency. However, if you decide to participate in the ultra-dynamic and constantly evolving cryptocurrency market, which is still admittedly in its infancy, it soon becomes obvious how extremely complex it is to forecast market fluctuations. This is how the idea of creating the BITRUST platform came into being.
BITRUST is an affordable, decentralized, easy to use peer-to-peer (P2P) cryptocurrency insurance marketplace that is based on Ethereum, a blockchain-leveraging smart-contract technology. The objective of BITRUST is to be affordable for retail digital currency investors with an average monthly trading volume of between $100 and $100,000.
Blockchain technology is constantly developing and the cryptocurrency market is growing, and we couldn’t be happier about it. This represents not only a significant technology breakthrough in data architecture and in terms of security providing distributive or decentralized networks, but we also get the feeling that a major movement is happening globally.
BITRUST aims to promote the even greater involvement of blockchain technology in our daily lives by reducing the risks associated with investments in cryptocurrency, thereby allowing new and existing projects to flourish for the benefit of the entire system.
How Bitrust Works
Typically, peer-to-peer networks involve two or more parties. Bitrust, being a p2p network, usually engages two or parties in its smart contracts. These parties are the buyers and the sellers.
The Ethereum smart contract requires consent from both parties before a contact is implemented. In this regard, both sides have to lock their funds before a transaction is validated. The funds are temporarily held in the form of either BITRUST Tokens (BTF) or any other permitted digital currency. Once the insurance period expires, the system automatically executes the smart contract. This process eliminates the possibility of fraud
Main Features
Decentralized
The foundation of BITRUST cryptocurrency insurance platform is a decentralised exchange and transaction clearing system which eliminates possible fraud and single-point-of-failure risks and prevents the system from external regulation.
Anonymous
BITRUST does not ask you for any personal data because we believe that your opportunity to manage your own assets and trade should not be affected by who you are.
Intuitive and easy to use UI
The user interface of BITRUST cryptocurrency insurance platform is one of the simplest and user-friendly you’ve ever seen in the cryptoworld. It was our priority from the start to make our product as easy and as intuitive as possible for our users. We are inspired by the best mobile banking applications and services, so that you feel familiar working with BITRUST platform.
Top notch security
The smart contract technology based on Ethereum blockchain, which is the foundation of BITRUST cryptocurrency insurance platform, ensures that all your data will be secured and nobody will be able to cheat and take over your assets.
Ethereum-based smart contract
BITRUST utilizes Ethereum smart contract technology, which guarantees the execution of a transaction that has been pre-agreed by both parties.
The entire transaction within BITRUST requires both parties — the buyer of insurance and the seller of insurance — to lock their funds in BITRUST tokens (BTF) or a certain set of other cryptocurrencies as permitted by our platform. After the insurance contract date expires (as pre-agreed by both parties) and based on the conditions provided, the BITRUST smart contract is executed in a decentralized and automated way — ensuring the agreed terms are carried out.
BITRUST Tokens
The Ethereum ecosystem allows for the deployment of Turing-complete trust less smart contracts on top of its blockchain. This flexibility and extensibility has made the ERC20 token interface the most frequently-used token issuance standard.
Ethereum-based tokens rely on a well-established Ethereum infrastructure that benefits from several features:
1 Security and predictability (as opposed to, for example, having to run an independent blockchain network).
2 Use of robust and well-supported clients (Ethereum-based tokens can be managed with official Ethereum clients).
3 High liquidity (interchangeable with other Ethereum-based tokens or Ether), means easier listing on exchanges with existing infrastructure.
Roadmap
Team
Alex Duhamel — CEO — Alex’s core expertise is in derivative functionalities and hedging strategies used in various forms of insurance against asset depreciation.
Elina Krumina — CFO — Elina has a long record of accomplishment in various banking sectors. Following her BA degree in Business Administration from the School of Business and Finance she has spent the last 12 years gaining comprehensive knowledge and experience at leading Nordic corporate bank SEB.
Serge Silin — CTO — Segey has built his career in IT, working as an IT specialist, developer, and manager, coordinating the work of international teams.
Token Metrics
Symbol : BTF
Type : ERC20
Token Price : 1 BTF = 0.0001 ETH
Accepted Currencies : ETH, BTC, LTC
Classification : Utility Token
Decimals : Not Specified
Token Sale Company : BTF PROJECT LIMITED (COMPANY NUMBER : 11055339)
ICO Start Date : Apr 02, 2018
ICO End Date : May 31, 2018
Token Distribution : Within 48 hours or less after ICO sale ends
Soft Cap : 6,000 ETH
Hard Cap : 12,000 ETH
Total Tokens : 250,000,000 BTF
Verdict
With BITRUST, investors who are interested in coins that are new to the market will be able to hedge the risks associated with such pitfalls. They offer a secure and easy-to-use risk management solution for cryptocurrency enthusiasts which enables cryptocurrency investors and day-to-day users to significantly mitigate risks.
By granting cryptocurrency enthusiasts access to BITRUST will lower barriers to entry for new investors, scale up the amounts invested by current market participants, and increase the liquidity of altcoins.
For More Information Please Visit Here :
* Website : https://bitrust.co.uk


Eth Address: 0x20A89b32E2d643395D8Bc33Db1558750424Cd2c3

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