InsurChain Weekly Report (August. 6th – August. 12th)

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 1.415 billion in total. Business & Cooperation 1. InsurBox data update Data for this week: Weekly Active User: 9.9thousand, Daily Active User: 5.9 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 99.95% SendRate 135tps Max Latency 2.747s Min Latency 0.202s Interval Occupancy 58.1139% Verification Success Rate 93.3333% Delay Deviation Rate 49.5605% Low Latency Occupancy 50.05% Low Latency TX Volume 1001 Delay Interval Value 733ms

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

1, we optimized the object_database creation process; 2. We have fixed the problem of incorrect statistics on active board members; 3. We optimized the connection between p2p nodes.

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 1.494 billion and 0.213 billion daily trade. Among all the trading, the trading volume of INSUR/BTC, INSUR/ETH and INSUR/USDT on
OKEx reached 49, 38 and 126 million respectively. Community Community data update: Telegram: members (6579) Twitter: subscribers (3780) Weibo: subscribers (1574) Wechat assistant: friends (3448) InsurChain official channels: Homepage: Twitter: @InsurChain Weibo: @InsurChain Email: Wechat Assistant account: InsurChain or InsurWallet Wechat official account: insur666