Ayre Ventures was founded by entrepreneur and philanthropist Calvin Ayre and provides capital to scalable, high-growth businesses within the Bitcoin SV blockchain ecosystem.
Over-C has adopted blockchain technology to enable peer-to-peer contractual behavior on an industrial scale. The adoption of the Bitcoin SV blockchain will allow Over-C to automate the entire “First Notification of Loss” interaction directly from an incident location via a two-way, automated conversation secured by blockchain.
Calvin Ayre, founder of Ayre Ventures, said the company was pleased to support “the type of utility-focused company that will benefit from exploring BSV’s unmatched capacity for immutable data storage”.
Over-C provides a digital platform to high-footfall, high-risk venues to reduce costs for operators and losses for insurers. Its partners include Hitachi, ScotRail, Eli Lilly, Savills, Munster Rugby and Belfast Airport.
Over-C Founder and CEO Michael Elliott, believes that the company’s adoption of blockchain technology will create a trusted, tamper-proof industry-wide record to defend potential claims and reduce fraud by eliminating data silos and paper processes.
The use of blockchain technology also allows the creation of a trusted tamper-proof industry-wide record to defend potential claims while reducing fraud. Over-C creates this record by eliminating data silos and paper processes.
The adoption of the Bitcoin SV blockchain will enable the company to automate insurance claims, as well as provide a trusted and tamper-proof record for insurers.
Over-C is leading the way in the risk management arena with its adoption of blockchain technology, which simultaneously answers the challenges of scalability, single points of failure, time stamping, privacy, trust, and reliability.