Inmediate (DIT)

Inmediate is the platform that connects Consumers, Insurers, and Distributors using Smart Contracts.

Whitepaper

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What is Inmediate

DIT tokens will be the native medium of the network. Any intra network settlement will take place via DIT tokens. For a premium, fiat currency can also be used. The token will be used for payments such as API calls, oracle calls, settlement costs, and distribution fees. Token holders of the platform will benefit from the increasing utility and use of the tokens as velocity and participation increases.

Consumers can choose cover, specify details, and pay in their preferred currency. Either fiat, crypto, or Inmediate’s native DIT tokens. Depending on the payment method, consumers will be eligible to differential prices and rewards. Inmediate will provide a suite of solutions which can integrate with multiple steps of the ordering process, for example enabling distributors to use their own payment gateway.

The DIT Token is used to power the Inmediate network and works as a means to settle transaction fees, to reward or to get rewarded for participation in the marketplace. Access to the network and each activity on the network has an associated cost. Premiums and claims can be paid either in tokens, crypto or fiat currencies based on what has been provided for in the insurance contract.