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FidentiaX (FDX) to Won (KRW) Conversion Table
fidentiaX is building the World's 1st Marketplace for Tradable insurance policies by leveraging on blockchain technology. Most people do not realize that insurance policies with cash value can be traded in the market for a higher cash value, that is, an individual could sell his policies to a 3rd party instead of surrendering the policy. In 2014, policies lapses and surrenders were in excess of US$112billion in the US alone, of which it was estimated US$57billion could have been resold in the open market. The minority of policyholders who knows they can extract higher value from their policy face challenges in finding interested buyers as there is no recognizable marketplace. Buyers looking to add insurance policies to their investment portfolio are confronted with similar, if not more, barriers to safely execute the purchase. Our vision is to create a trading marketplace and repository of insurance policies for the masses by leveraging on blockchain technology. This blockchain-powered marketplace will provide a trustless, immutable, auditable and transparent environment to disrupt the status quo.