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BTCARE Global Mutual Aid Pioneer

Published

3 years ago

on

BTCARE is global first decentralized mutual aid plan, which is also the first product and solution that combines blockchain technology with health care and accidental injury protection. With strategic investments from 5 Wall Street Institutions, BTCARE was invited to show on NASDAQ in Time Square, New York.

The history of mutual aid plan can be dated back to the 17th century. Workers with common requirements and the same risks united together. Each of these volunteers prepaid a share of contribution for risk loss. After centuries of development, mutual aid plans are now very common in western countries, occupying more than 1/3 of the market.

Since 2019, the worldwide pandemic of Covid-19 causes physical, mental and property damage to people of many countries. At the same time, the economic stagnation brought by Covid-19 also greatly weakened people’s ability of risk resistance. The lack of social security in many countries and expensive commercial insurance make people to unite together urgently and help each other to resist risks.

The global population is about to exceed 10 billion soon. However, more than 3.5 billion people lack basic medical insurance, and nearly 5 billion poor people do not have access to any medical service. There are as many as 100 million people becoming very poor because of medical expenses every year. BTCARE hopes to build a mutual aid community and provide everyone equally with high-quality and low-cost mutual aid services.

Blockchain + Insurance is an important application scenario of blockchain. BTCARE Mutual Aid is a new type of insurance method that combines the advantages of both blockchain and traditional mutual aid plans. With the characteristics of decentralization and immutability, BTCARE overcomes the shortcoming of traditional insurance like complex purchasing process, high fee rate and low coverage in underdeveloped areas. Increasing misleading sales have reduced people’s trust in commercial insurance. Different from commercial insurance, BTCARE is transparent and equal. Thanks to blockchain technology and tokenomics, BTCARE Mutual Aid can save up to 90% of the cost as that of commercial insurance. Every penny paid by users will be spent on people in real need of help.

BTCARE has launched 2 products in 2021: Critical Illness Mutual Aid Plan and Traffic Accident Mutual Aid Plan. The Critical Illness Mutual Aid Plan provides health care protection of 30 common critical illness and severe Covid-19. The Traffic Accident Mutual Aid Plan provides benefits for accidental death and dismemberment. BTCARE will operate in different areas and countries around the world at the same time.

BTCARE Token, serves as the value circulation carrier of the entire BTCARE mutual aid community and ecosystem. It enables all transaction behaviors, value transfers and information transfers of the entire platform to proceed simultaneously. By staking stable coins and mining FREE BTCARE, users can enjoy FREE protection. Every month, the BTCARE team will destroy the same amount of BTCARE as the users lock up in the current month. The deflation mechanism helps the healthy growth of BTCARE value.

During the mutual aid period, BTCARE members can apply for mutual aid if suffering specified accidental injuries or illnesses. After investigation and confirmation, the member will get up to $50,000 aid fund. Each member is supposed to pay for the share of contribution (UP to 2$/Month). The whole Procedure is simple and easy to operate. Report and publicity rules are set up to prevent cheating cases.

Different from the traditional insurance, every member who participates in BTCARE Mutual Aid is not only an insured, but also an insurer, an investor in the BTCARE community. The community is an important part in the mutual aid plan. Global investigators/partners, community juries, and every community member participate in the BTCARE community management, supervision, operation and other functions together. The community, jury, and investigators/partners form a fair and upward community atmosphere based on public accounts and proof of work, thereby promoting the development of the BTCARE mutual aid system. Every user can join the community and contribute to the development of the mutual aid plan. They together create an intelligent, efficient and robust ecosystem.

BTCARE brings insurance back to the original purpose. That is to protect people’s lives, not just for profit. The BTCARE community takes into account the harmonious development of humanity and technology, individuals and communities, giving and receiving. Now, BTCARE has already got more than 62,000 users all over the world. BTCARE is dedicated to becoming a model of a community with a shared future for mankind in this era.

Learn more about BTCARE:

Website: https://www.btcare.global/

Community: https://t.me/BTCARE_Global

Twitter: https://twitter.com/BTCARE_Global

Whitepaper: https://www.btcare.global/whitepaper/BTCARE-WhitePaper-en.pdf

Contract address: https://bscscan.com/token/0x4d62dfb0e61ccaaa78fe864826770b103d44388c

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

UVKXE Releases Anti-Scam Guide, Enhancing User Security Protections

Published

22 hours ago

on

November 23, 2024

By

DENVER — Recently, the globally renowned cryptocurrency trading platform UVKXE has published its latest anti-scam guide to address the escalating threats of online scams, establishing a comprehensive protective barrier for users worldwide. The guide focuses on various scamming tactics prevalent in the cryptocurrency sector, highlighting what users should be aware of during transactions and asset management, while also providing effective preventive measures.

Kevin Anderson, CEO of UVKXE, noted: “As the cryptocurrency market continues to expand, more cybercriminals are turning their attention to cryptocurrency users, developing sophisticated scam techniques. As a well-known platform in the cryptocurrency trading field, UVKXE has a responsibility to help users identify and mitigate these potential risks. Through the release of this anti-scam guide, we aim to further enhance user awareness and safeguard their digital asset security.”

The guide outlines the common characteristics of these scams, such as phishing emails that typically use UVKXE or similar official-sounding names, along with forged logos and links, to deceive users into providing their login credentials and sensitive information. It also advises users to always choose official channels when downloading applications to avoid malicious software. Furthermore, UVKXE emphasizes that the platform will never proactively request users to provide sensitive information such as passwords or verification codes in any form.

In addition to the anti-scam guide, UVKXE will launch a series of interactive activities, utilizing community forums and video tutorials to educate users about safety knowledge and help them recognize and respond to potential threats. The UVKXE security team stated that these activities will not only provide real-time updates on scams but also offer users opportunities for direct communication and inquiries.

The investment in technology and education is reflected not only in the publication of the anti-scam guide but also in daily operations and maintenance. Kevin Anderson concluded: “Every protective measure and security technology implemented by UVKXE is designed to ensure the safety of user assets. In the future, we will continue to advance this mission, providing users with safer and more convenient cryptocurrency trading services.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Press Release

UVKXE Clarification Statement: A Legally Compliant Trading Platform with International Accreditation

Published

22 hours ago

on

November 23, 2024

By

DENVER — Recently, the Securities Commission Malaysia (SC) published a list on its official website of cryptocurrency trading platforms that have not met its local registration requirements, mentioning UVKXE. UVKXE takes this matter seriously and wishes to clarify its credentials and compliance status to its users.

Global Compliance Credentials of UVKXE

UVKXE is committed to operating under legal and compliant principles, upholding a user-first core value. The platform has obtained several certifications from international authoritative regulatory bodies, including but not limited to:

U.S. MSB License
UVKXE has obtained the MSB license issued by the U.S. FinCEN. This certification represents the highest recognition by the U.S. government for financial service institutions, ensuring that UVKXE can legally conduct cryptocurrency-related business.

U.S. SEC License
As one of the few cryptocurrency trading platforms registered with the U.S. Securities and Exchange Commission (SEC), UVKXE complies with securities and investment-related legal regulations, providing users with a safer and more transparent investment environment.

Background on the Malaysian Public List

The list published by the Securities Commission Malaysia mainly targets trading platforms that have not met local registration requirements, such as Binance and Bursa Malaysia, rather than denying the platform legality. UVKXE has obtained multiple authoritative licenses internationally, and its compliance is beyond doubt. UVKXE is in communication with relevant departments to understand local specific regulations and to advance the registration process, ensuring compliance with local market requirements.

Commitment to Legal Compliance and User-Centric Values

UVKXE will use this event as an opportunity to further enhance its global compliance framework, actively adapting to regulatory environments in various countries, and providing users with more professional and diversified financial services. We sincerely thank all users for their trust and support! UVKXE promises that no matter where it operates, the platform will always adhere to the core philosophy of “user-first”, moving together with global users towards a safer, more open, and transparent new era of the digital economy.

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

UVKXE Strengthens Security Strategy, Leading Innovations in Anti-Scam Technology for Crypto Platforms

Published

22 hours ago

on

November 23, 2024

By

DENVER — Recently, the globally recognized cryptocurrency trading platform UVKXE officially announced the completion of its latest security system upgrade. This upgrade significantly enhances the cybersecurity defenses of the platform and introduces cutting-edge anti-scam technologies. Through this technological update, UVKXE demonstrates its commitment to user asset security and proactive measures against potential future cyber threats.

Kevin Anderson, CEO of UVKXE, stated: “User trust is the foundation of UVKXE, and ensuring the security of user assets is always our top priority. This security system upgrade incorporates AI deep learning, real-time risk control, and efficient anomaly detection algorithms, aiming to create a safe and trustworthy trading environment for users. We will continue to optimize the security measures for user assets, ensuring that every user can trade confidently on UVKXE.”

The focus of this security system upgrade is primarily on anti-scam technologies. In response to the ever-evolving online threats and scam tactics in recent years, UVKXE has strengthened its multi-layered protective mechanisms, effectively enhancing the security and responsiveness of the system. The upgrade introduces AI-driven anti-scam technology, which intelligently analyzes user behavior through deep learning algorithms, allowing for rapid identification and isolation of suspected scamming activities. The AI anti-scam system can monitor and analyze large volumes of trading data in real time, immediately freezing any suspicious transactions or account activities to safeguard user assets.

Kevin Anderson further explained: “Traditional anti-scam methods often rely on post-event analysis, whereas the new system of UVKXE can identify risks promptly before incidents occur, taking immediate action to prevent losses.”

In terms of anomaly detection, the system of UVKXE combines the transaction histories, asset conditions, login locations, and other multidimensional data of users to accurately pinpoint potential security vulnerabilities. Through anomaly detection technology, each user login and transaction can be monitored in real time, with timely alerts prompting users to confirm actions, further enhancing the security of the platform.

Kevin Anderson concluded: “We hope every user can enjoy a secure trading experience on UVKXE. By continually optimizing our security strategies, we aim to provide a safer and more convenient cryptocurrency trading experience for our users.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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