Laurent Benichou
1 min readJan 10, 2019

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Hi Vincent,

I understand your point 2. Today, an Ethereum tx to save the AXA commitment towards the customer is immediately created after policy is bought. I understand from your point, you would like the policy to be cancelled in case this commitment is not recorded x minutes after purchase. We could do it but it would not be satisfactory for the customer. I guess we should better publicly describe the automated process that will record a commitment on Ethereum. I will ask the dev team.

For your point 3, the timeout clause is not enough in my view from a consumer point of view since you could have an insurer that decides to never send dates of arrival if it anticipates it will have to compensate. A typical protection for the customer should be something like “if no data was sent 14 days after expected arrival, full indemnity is provided”. it is technically possible to imagine the implementation of such a feature but it is hard to sell within insurer premises, as risk analysts will refuse to pressure the organization so much

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Laurent Benichou
Laurent Benichou

Written by Laurent Benichou

Bitcoin, SHA-256, humor, freedom, entrepreneurship, standup comedy & innovation.

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