GEC NEWS WIRECould you please provide a brief on Nimoniks? When was the company established and what are your key mission and values?
Nimoniks operates in the InsureTech space with our iCover micro-insurance delivery platform powered by Blockchain and Artificial Intelligence. We also provide professional services and technical expertise to organizations deploying Blockchain-based solutions. Nimoniks takes pride in building practical solutions using Blockchain technology. Established in 2017, our mission is to be one of the key players in the Blockchain and AI space.
Take us through your products portfolio. What are your offerings for the modern enterprises?
Our main product iCover is a Micro-insurance platform powered by Blockchain and enriched with patent – pending Artificial Intelligence and Risk-Sharing features. This is a new way of looking at risk sharing for coverage providers by leveraging the power of Blockchain.
We also built our proprietary Blockchain based Digital Identity platform that counters Piracy through trusted identity management. Pirate block, our Digital Identity platform is designed for SaaS based subscription providers, content streaming services and web-based license key subscriptions.
How do you see Blockchain as a disrupting power for the next-gen enterprises? How are your solutions backing up the same?
Blockchain is already disrupting many industries but the true value to enterprise lies in the Blockchain ecosystem. Once companies start viewing Blockchain as an economy versus a storage platform it will propel the next-gen enterprise. Our solutions reflect our beliefs since we build practical ecosystems through Blockchain versus treating it as a storage platform.
Would you like to share some of your success stories so far?
I don’t know where to begin, we are a two year old company but have two products in Blockchain, several consulting engagements with fortune 500 companies, speaking with multiple insurance companies to collaborate on our iCover platform and working with government organizations in several countries. We recently partnered with a popular education provider to disrupt the education space.
Which are the various industries that you cater to?
Our product iCover is built for the Insurance industry but our consulting practice is industry agnostic, we pretty much cater to any industry that could benefit from Blockchain.
What is your global go-to-market strategy, especially for the Middle East? Do you go with your partners or directly approach the customers?
Our strategy is to go with partners, we are building alliances and strategic partnerships in multiple markets. The hospitality is overwhelming in the middle east market; we are collaborating with some great partners in the Middle East.
What does your 2018 roadmap look like?
Our 2018 roadmap is more than what we expected on the product and consulting front, its going to be an exciting and busy year.
