Conclusion

The many restrictive factors of current digital and traditional insurance providers have caused widespread dissatisfaction and low participation as well as significant costs and inefficiencies.

QolaQ aims to build on the successful, historical models of mutual aid associations. This is a time-tested approach is based on the fundamental bond that humans have supported each other in times of need.

To realize such a model today, where the scale is international and the objective is to increase global inclusiveness and empower Members to participate in a decentralized community, blockchain technology is a key driver.

QolaQ’s seeks to create a new future via its Web3 MAP leveraging blockchain technology in which anyone can become a Member and participate for the benefit of the global community.