tharwat

3 ms·

1. 1.▲
   by tharwat 8y ago

   The concept of bail has been around since 399 BC with Plato tried to get a bond for his friend Socrates. It's been a problem a long time. If you read the whitepaper, part of the platform is to do exactly what the big insurance companie
2. 2.▲
   by tharwat 8y ago

   When bail is paid in full it's returned by the courts when the person attends trial (regardless of the trial outcome). What this platform does is get many people "token holders to make small contributions to paying someone's
3. 3.▲
   by tharwat 8y ago

   Again, the risk assessment is simply used to provide a risk factor to token holders who are contributing to bail payments. So "Bob" is willing to help contribute to bail payments for any low-risk offender. While someone else may b
4. 4.▲
   by tharwat 8y ago

   Not just family. But anyone can apply for bail. Even the offender can dial a tollfree number to apply. The risk assessment is used to predict the likelihood of FTA (same risk assessment being using in court systems today). This factor is pr
5. 5.▲
   by tharwat 8y ago

   Mainprise is a startup building a peer-to-peer bail payment platform on NEM Blockchain. The BAIL Token platform will enable family and friends to request low fee bail payments. Instead of throwing money away on bail bondsmen. Families apply