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What is Kuverit
The Kuverit P2P application will give anyone, anywhere the opportunity to have their transactions guaranteed, whilst also providing a new revenue model via a fully transparent fee structure. This guarantee system can be used in any situation in which the transaction between two parties relies upon trust or involves risk. Someone who is tending a service to a stranger, may use the application to demonstrate their professionalism and increase Trust.
The Kuverit P2P Application
Soon to be available on both iPhone and Android, the Kuverit P2P application will give anyone, anywhere the opportunity to have their transactions guaranteed, whilst also providing a new revenue model via a fully transparent fee structure.
Clients will be able to request the backing of a Guarantor on the application by simply providing details concerning the nature of the contract and the amount of cover required. Kuverit will not facilitate the pairing of Clients to Guarantors, instead this request will go out into the open marketplace where Guarantors can do their own due diligence and decide if they want to back the client.
This guarantee system can be used in any situation in which the transaction between two parties relies upon trust. Someone who is tending a service to a stranger, for instance, may use the application to demonstrate their professional reputation or provide that extra level of reassurance needed to push a deal through.
To utilise a guarantor, a client must pay a fee set by the guarantor, 10% of which goes to Kuverit. The client has the right to refuse a guarantee and shop around for a better deal, however, if they agree to a guarantor’s proposal they must have the requisite number of tokens inside their wallet to pay the fee. If not, they will not be able to use the service. Importantly, guarantors will be able to judge the veracity and reputation of clients by checking their history. The first port of call will be their ‘baseline reputation score’
Launch Contributor Community Forum
Commence P2P Application Development
Begin Communication with Exchanges:
Formation of Official Contributor Committee
Launch Beta P2P Guarantee Trading Application
Establish Maltese Insurance Company
Commence P2P App Online Marketing
Commence P2P App Media Campaign
Purchase Existing Global Insurance Company
Establish London Operation Headquarters
Submit Application to become a Lloyd's Syndicate
Founder - CEO- Kuverit Ireland Ltd
Co- Founder Finance Director
Guido S Krummacher
Advisor - Contributor Committee NED
Advisor - Contractor
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