Bee Token for creating a decentralized AirBNB in San Francisco and WeTrust, a financial services platform, are aiming to create an insurance platform based on community-based security deposits. In other words, the deposits received from Bee Token’s users will be used as insurance funds for both property owners and leaseholders.
The two initiatives aim to share a wealth of information among themselves, including the credibility of tenants and property owners. The partnership, which seeks to reduce the burden on the cost of insurance policies made against a possible property damage, said they are looking to create a housing-based sharing economy.
WeTrust CEO George Li; He believes that this partnership with BeeToken will show how advantageous their platforms are in the application of anticentral insurance policies and similar products, which are a very complex structure, among different industries.
Jonathan Chou, a BeeToken founder, told a San Francisco Chronicle. said that their primary objective is to create a platform where they can spend their money on crypto money rather than just serving people in the crypto ecosystem and trying to attract new people to the crypto ecosystem.
BeeToken has its own crypto-money (BEE). At the end of this month, a total of $ 10 million of open sales will occur.Tags: blockchain entrepreneurs insurance policies san francisco