Asure Network - First scalable decentralized social security network!
People around the world enjoy their lives without having to worry about any risks or losses.
Asure Network is a layer 2 scaling network that enables fast, easy and secure transactions for not only payment transactions, but also generalized smart contract. Founded by German insurance and technology experts, the network enables everyone to quickly build, operate, and use highly scalable business applications through innovations in multi-chain scaling techniques and incentive-aligned crypto economics mechanism designs.
What Problems Does Asure Network Solve?
We are developing Asure Network as an infrastructure for social security systems of the future. Our goal is to provide access to 4.1 billion people worldwide who have no access to social security systems today. The existing social security systems are based on centralized databases, intransparent processes, fraud, corruption, labor-intensive processes and lack of trust in systems are the challenges we solve with the help of blockchain and thus we create a global inclusion in the social security market, just as Bitcoin allows for inclusion in the financial market. Asure Network is a public blockchain that enables you to run complex business applications such as social insurance systems. By using a multi-chain architecture, individual applications are distributed and scaled using sub-chains, resulting in high transaction throughput. The integrity, traceability, and transparency of the blockchain technology can create a high level of confidence in the accuracy and fairness of the implemented business processes. This is in direct conflict with the protection of user-related data and privacy standards such as the EU General Data Protection Regulation (GDPR). Integrating zero-knowledge-proofs and decentralized identities give Asure Network the ability to resolve this conflict. In the future, there will be many specialized blockchains for various applications. Asure Network uses bridging technologies to connect to other blockchains and allows the use of business processes across block boundaries. Ethereum is the first blockchain to be connected to the Asure Network.
Asure Foundation is a non-profit organization incorporated in Zug, Switzerland. The purpose of the organization is to educate, research, develop and improve social security systems by using blockchain technology. Asure Foundation is building Asure Network to provide a public blockchain infrastructure that is capable of hosting social security systems and related business applications and offers advanced features to support the development of these.