Launched in London the first insurance company deposits bitcoins

Launched in London the first insurance company deposits bitcoins

Why a milestone?

Essential part of any complex society, the insurance industry can distribute among the members of a community the negative consequences of unforeseen events, and thus makes the risks calculable probabilities. Without a dense network of insurance companies, most capital-intensive projects and long-term demand civilization would be impossible.

The launch of Elliptic Vault could lead to a burgeoning market of insurance companies competing to provide reassurance to bitcoiners.



Source: http://elbitcoin.org/tres-hitos-en-la-historia-de-bitcoin-consecutivos/