iXledger (IXT)
Details about iXledger cryptocurrency
iXledger
IXT
1+ (click to see list)
2017-07-11
€59
65,778,844
1
Unknown
https://www.ixledger.com/
@insurextech
8006190x
€19598
iXledger price charts
IXT exchanges
iXledger, the crypto
iXledger (IXT) is a blockchain-based platform that aims to provide a decentralized market for the insurance industry. It uses smart contract functionalities of blockchain technology to connect insurers, reinsurers, and brokers with each other, enabling transparency and securely sharing data across the network.
The point
The main point of iXledger (IXT) is to digitize and streamline the antiquated insurance industry by utilizing blockchain technology to create a transparent and efficient marketplace. The platform facilitates the process of obtaining insurance coverage by enabling companies and individuals to connect directly with underwriters, removing the need for intermediaries, and creating cost savings and faster transactions.
The problem
iXledger (IXT) aims to solve several problems that exist in the insurance industry, such as lack of transparency, inefficiency, high transaction costs, and fraud. By providing a decentralized platform that utilizes blockchain technology, it removes intermediaries and introduces trust, speed and transparency. This helps improve the overall customer experience by enabling direct interaction between insurers, reinsurers, and brokers, reducing the time and costs associated with settlement and ultimately reducing the cost of premiums paid by individuals and companies.
Compare IXT and BTC performance
Timeframe | IXT | BTC |
---|---|---|
1h change | -0.0369204 % | -0.434243 % |
24h change | 29.88 % | 0.748949 % |
7 day change | 30.23 % | 6.28102 % |
14 day change | 30 % | 4.81165 % |
30 day change | 99.9 % | 23.3841 % |
200 day change | 172.02 % | 170.377 % |
Year change | 81.94 % | 155.76 % |