InsurChain Weekly Report (Oct 29th – Nov 4th)

Business & Cooperation

1. InsurBox data update
Data for this week: Weekly Active User: 40.8 thousand, Daily Active User: 27.5 thousand.

InsurChain is a decentralized insurance blockchain platform, committed to building a peer-to-peer insurance market and ensuring the normal operation of this insurance market through a series of rules and mechanisms, and striving to become the world’s largest decentralized insurance blockchain ecosystem.

2. Starfire Insurance

Starfire Insurance is a P2P insurance designed to solve medical problems. It has mining and P2P insurance functions. Users can participate in the program and get covered. When a claim occurs, we will introduce a verification committee to verify the claim.

Starfire insurance will be launched when it reaches 10 thousand members. Join now and enjoy a daily dividend.

Techs
We have designed Trust Execution Environment (TEE) for Trusted Cooperative Computing.

Goals:
1. Protect sensitive data
2. Protect hardware

Protection intensity:
1. 128-bit security level

Defense level
1. Weaker than SE
2. No internal security measures in SoC

TEE need to be launched in safe mode

TEE can provide trusted storage:
1. Protect the authenticity, confidentiality and integrity of data
2. Can be used for unsecure area
3. Provide roll-back mechanism.

In conclusion, the principal of Collaborative Trusted Computing is transmitting results of data analysis rather than the data itself. It can be mutual beneficial for both parties.

Community Partners Project

The weekly review of group leaders has been completed and rewards been delivered. InsurChain Community Partners Project is always an important part of our mission. And the recruit is still ongoing.

How to become a partner: Add InsurChain assistant and send a message “Group leader participation”.

Besides, the campaign for standard node is also ongoing. You can add assistant to know more.

Market

Last week, the trading volumes of INSUR reached 2.822 billion and 403 million daily trade. Among all the trading, the trading volume of INSUR/BTC, INSUR/ETH and INSUR/USDT on OKEx reached 139, 65 and 199 million respectively.

Community

Community data update:
Telegram: members (17922)
Twitter: subscribers (4982)
Weibo: subscribers (1581)
Wechat assistant: friends (3294)

InsurChain official channels:
Homepage: www.insurchain.org
Twitter: @InsurChain https://twitter.com/InsurChain
Weibo: @InsurChain https://weibo.com/insurchain
Email: customer@insurchain.org
Wechat Assistant account: InsurChain or InsurWallet
Wechat official account: insur666