Bailsman

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Average Ratings

Risk?

Measures absolute and relative price fluctuations over several time frames and other variables.

★★★★☆
Roi?

Calculates returns in comparison to moving averages and other factors.

★★★☆☆
Tech?

Measures the ability to scale, upgrade and other technological weaknesses or strengths.

★★★☆☆
Team?

Evaluates public acceptance, participation of developers and other key factors.

★★★★☆
Total
★★★☆☆

Website:

https://ico.bailsman.co/en

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Exchanging security deposits for guarantees through blockchain

The ultimate plan of Bailsman is to ensure a quick and easy, effective blockchain guarantee solution. It aims for clients who would otherwise lack the funds required. It sees to “bridge the gap” between the two….

Bailsman will be entirely blockchain based, and the plan is to provide each established merchant, who passes through the platform, with a third-party guarantee, as applicable through a small monthly fee, which the client will pay. This will fall in place of traditionally having to pay a security deposit and thus tying up the cash. The business plans to also put the merchant at greater ease than before since he or she will not stand at risk of not receiving the claim amount requested.

Bailsman will only offer guarantees that have first been 100% backed by licensed telecom companies or financial institutions. The Bailsman team has stated that such guarantees will still be paid, regardless of the current financial situation of the client. Furthermore, Bailsman plans to additionally further expand into residential real estate.

Exchanging security deposits for guarantees through blockchain

The ultimate plan of Bailsman is to ensure a quick and easy, effective blockchain guarantee solution. It aims for clients who would otherwise lack the funds required. It sees to “bridge the gap” between the two….

Bailsman will be entirely blockchain based, and the plan is to provide each established merchant, who passes through the platform, with a third-party guarantee, as applicable through a small monthly fee, which the client will pay. This will fall in place of traditionally having to pay a security deposit and thus tying up the cash. The business plans to also put the merchant at greater ease than before since he or she will not stand at risk of not receiving the claim amount requested.

Bailsman will only offer guarantees that have first been 100% backed by licensed telecom companies or financial institutions. The Bailsman team has stated that such guarantees will still be paid, regardless of the current financial situation of the client. Furthermore, Bailsman plans to additionally further expand into residential real estate.