InsurChain Weekly Report (July. 2nd – July. 8th)

INSUR buyback plan Despite of the downtrend of crypto market, InsurChain team is still working towards the goal. To help users keep faith, InsurChain team decides to initiate a second round of buyback plans.

The INSUR we bought back will be sent to following address: 0x35812608be0753a6756ea4d549a39bb1c6d537fb.

We promise the INSUR bought back will be used for ecosystem development. We have bought back 1.39 billion in total. Business & Cooperation 1. InsurBox data update Data for this week: Weekly Active User: 13.5 thousand, Daily Active User: 8.5thousand. InsurChain is a decentralized insurance blockchain platform, committed to building a peerto-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. InsurBox new version

In order to provide a better service experience, InsurBox has undergone a comprehensive system upgrade, with the success release of a beta version on June 21th. And now the final version is under the improvement.

Techs

Techs We put forward the InsurChain Performance Benchmark index last week. And listed some of the benchmark. This is the result of the last week.

The test details are as follows:

Name trx Execute Successful Rate 100% SendRate 136tps Max Latency 2.746s Min Latency 0.202s Interval Occupancy 57.6528% Verification Success Rate 92.6471% Delay Deviation Rate 50.8696% Low Latency Occupancy 50.2% Low Latency TX Volume 1004 Delay Interval Value 745.748ms

In addition, we had completed the following work this week:

1、We completed partial packaging of the smart contract public library; 2、We called the smart contract broadcast interface. 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”. Our email address: customer@insurchain.org Market
Last week, the trading volumes of INSUR reached 1.837 billion and 0.262 billion daily trade. Among all the trading, the trading volume of INSUR/BTC, INSUR/ETH and INSUR/USDT on OKEx reached 62, 57 and 144 million respectively. Community Community data update: Telegram: members (7186) Twitter: subscribers (3786) Weibo: subscribers (1581) Wechat assistant: friends (3410) 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