InsurChain Weekly Report (July. 30th – August. 5th)

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 1.41 billion in total. Business & Cooperation 1. InsurBox data update Data for this week: Weekly Active User: 10.2 thousand, Daily Active User: 6.5 thousand. 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 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 99.9% SendRate 133tps Max Latency 2.747s Min Latency 0.201s Interval Occupancy 58.641% Verification Success Rate 93.2331% Delay Deviation Rate 48.4.73% Low Latency Occupancy 49.75% Low Latency TX Volume 995 Delay Interval Value 722.72ms

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

1. We fixed the problem of the witness_node crash; 2. We optimized the contract persistence storage; 3. We optimized the assert-related API interface.

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: Market Last week, the trading volumes of INSUR reached 1.635 billion and 0.234 billion daily trade. Among all the trading, the trading volume of INSUR/BTC, INSUR/ETH and INSUR/USDT on
OKEx reached 48, 53 and 143million respectively. Community Community data update: Telegram: members (6708) Twitter: subscribers (3774) Weibo: subscribers (1575) Wechat assistant: friends (3428) InsurChain official channels: Homepage: Twitter: @InsurChain Weibo: @InsurChain Email: Wechat Assistant account: InsurChain or InsurWallet Wechat official account: insur666