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About Asure Network

Social security is an essential element in the economic and political development of societies. However, there are over 4.1 billion people worldwide without access to social security systems.[1] And on the other hand, the existing social systems have other challenges that have to be overcome for demographic reasons (e.g. birth rates 1.5 compared to the world average of 2.5) or cost reasons (administrative costs of more than 50% or even more than 100%). The Ethereum blockchain is currently only able to carry out a maximum of 1.3 million transactions per day.[2] Social security systems are based in part on several hundred million transactions per month and thus cannot be sustainably implemented using the blockchain as of today.

Blockchain-based social security systems have several advantages in comparison to conventional social security systems. They ensure a constant and much higher quality of the data used and stored through process integrity, immutability and the sustainability of the system, enabling accurate real-time analysis of those. The transparency and immutability of the transactions ensure the system’s security against manipulation and corruption. By using Blockchain to remove the cumbersome and error-prone manual labor it is possible to achieve a high degree of automation, cost-efficiency, as well as easy to follow business processes.

The past developments of blockchain technology and their results show that financial transactions executed through them can be carried out securely, automatically and without intermediaries. This suggests that social security systems, as systems serving the public and using rule-based financial transactions, are a reasonable use-case for public blockchains.

The Ethereum Blockchain corresponding solutions such as Casper, and Sharding in the pipeline that will eventually solve the scalability problem on Layer 1. Even regarding the people that don’t have access to any social security systems the number of transactions required for pay-ins and payouts amounts to at least the number of people involved, i.e billions of transactions on a monthly basis for the pension system alone.

The aim of this paper is to examine a Layer-2 solution for optimal scalability while maintaining all the benefits of blockchain technology regarding decentralized social security systems.

Team
Advisors
Roadmap
1
2023+
MILESTONE 4: GLOBALISATION
2
Aug. 2015
Artificial Intelligence Research. First research projects about Artificial Intelligence, Machine Learning, Big Data, and Predictive Analytics.
3
Nov. 2016
AI Kiev Labs. Paul Mizel and his team started the development of a prototype for an AI-driven insurance advisor and full-automated chat assistant. He has also built up an office in Kiev and coordinated the efforts as a product manager to further accelerate the development.
4
Apr. 2017
Smart Contract Research. First research projects on the Ethereum blockchain platform and proof-of-concepts about smart contracts.
5
Jun. 2018
Prototype I. Develop prototype of the German pension system. The prototype can be found here.
6
Dec. 2018
Prototype II. Develop prototype of a decentralized pension system. The results can be found here.
7
Jan. 2019
Research decentraliced pension. We propose the development of a decentralized, globally available pension system using the redistribution scheme and to use a public blockchain infrastructure to operate it. The research is summarized in our DEPOT paper
8
Apr. 2019
Develop Asure.Network and testnet. Develop first reference implementation of the Asure.Network using the blockchain framework Substrate and provide a public testnet. The network is reviewable by the community. The Asure.Network testnet explorer can already be found here.
9
Aug. 2019
TGE PreSale. Please find all details regarding our public TGE PreSale in our TGE paper.
10
Dec. 2019
TGE MainSale. PLease find all details regarding our public TGE MainSale in our TGE paper.
11
2020
MILESTONE 3: LAUNCH NETWORK AND GROW COMMUNITY
12
May 2014
Blockchain Research. First research projects in cooperation with University of Applied Sciences and Arts of Dortmund to investigate the possibilities of blockchain for insurance industry and the development of first prototypes.
Financial
Token info:
Token: ASR
Platform: Ethereum
Token for sale: 45,000,000
Investment Info:
Token price currency: ETH
Token price: 1 ASR = 0.85 USD
Minimum investment: 100 USD
Hard cap: 40,000,000 USD
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Code
Upcoming
102d. 3h.
Token: ASR
Price: 1 ASR = 0.85 USD
Platform: Ethereum
Hard cap: 40,000,000 USD
Min. invest: 100 USD
MVP/Prototype: Available
Country: Switzerland
Bounty: Available
Whitelist/KYC: KYC & Whitelist
Pre-sale start: 01 Aug 2019
Pre-sale end: 15 Aug 2019
ICO start: 01 Dec 2019
ICO end: 31 Dec 2019
Restricted countries:
Belarus, Burundi, Central African Republic, Cuba, Iran, Iraq, Lebanon, Libya, North Korea, Somalia, Sudan, Syria, United States, Venezuela, Yemen, Zimbabwe
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