IXT is a blockchain-based cryptocurrency token developed by InsureX Technologies Ltd. It is an Ethereum-based token that acts as a medium of exchange on the InsureX platform. IXT is the ticker symbol for InsureX Token, the native cryptocurrency of the InsureX platform. IXT tokens are used to facilitate transactions on the platform. This means that when companies, insurers and brokers contract with each other on the platform, they will make payments using IXT tokens, as opposed to credit cards or other payment methods. InsureX Technologies Ltd is a UK based company founded in 2016 by François Prudent, who is also the CEO of the company. The company is focused on the development of the InsureX platform, which is a blockchain-based marketplace for insurers, brokers and other financial services companies. The platform is designed to simplify and streamline the insurance process while improving the trust between the parties involved. The IXT cryptocurrency makes InsureX unique from other traditional platforms. It allows users to transact securely and privately over the blockchain. It also enables fast, low-cost transactions as there are no middleman or costly fees with the blockchain-based system. Furthermore, IXT also has a loyalty program which rewards users for each successful transaction. This incentivizes users to use the InsureX platform to contract and transact with each other. As a cryptocurrency, IXT is currently used as a payment means on the InsureX platform. Users can use IXT to purchase insurance products and services as well as pay any applicable fees. To buy or sell IXT tokens, one can do so through the official website of the coin where one can find a list of exchanges which offer trading pairs of IXT. Currently, popular cryptocurrency exchanges such as Bittrex, HitBTC, and EtherDelta offer trading pairs between IXT and Bitcoin, Ethereum, and Tether. IXT is a unique concept that is gaining traction as a cryptocurrency. Its decentralized, blockchain-based platform allows for secure, trusted and low-cost transactions. Furthermore, in an industry that is known to be slow to adapt to change, InsureX’s use of blockchain-based smart contracts helps to facilitate smooth transactions. This makes InsureX a great platform to use if you’re looking for a secure and cost-effective way to make insurance transactions.