1st Quarter Ending

I would like to start by thanking our community for its support and patience during the initial phase of the company. Some of you have been with us since day one and helped us to understand the token markets and shape our interaction with the community. I am personally very grateful to all of you.

Starting a new company with large-scale ambitions is very challenging. Combined with being funded by an ICO and leveraging bleeding edge technology like blockchain, is making it even tougher. At the same time, this has given us opportunities, the ability to scale up quickly and to attract interest from the insurance markets.

Since January this year, our focus has been to find a way to go to market with the following goals:

– IXT to be leveraged in a fundamental way in the platform

– Provide innovative solutions to the insurance markets as well as the blockchain community

– Work with high-profile & established insurance companies

We have been fortunate enough to find an opportunity which matches the above goals and this has made it necessary to adapt our approach and our platform.

The first version of the iXledger platform is a solution which is slightly different from the longer term vision. It will be based on an inquiry form and associated quantitative assessment model for a very interesting target market. Currently, we have two well-known global insurance partners backing.

If you have followed our updates over recent times, you would have seen that we were joined by senior insurance professionals. Dick Stuip, Asian Regional Director, is now heading up our Singapore office, and which works closely with fidentiaX, our global partner. He has been tasked with shaping up our offering with-in the region and beyond.

In London, we have been joined by Andrew Hodgett, a senior Lloyd’s Insurance Broker and Ciaran Sainty, a senior Canopius Underwriter. We are extremely pleased to have attracted such great talent and this level of expertise we now have onboard sets us apart from our competition.

With all that said, once again, thank you for all of your support! I’ll now pass you over to our Co-Founder, Mikael, to share his views.

Sincerely,

Ingemar Svensson, iXledger Ltd, Founder & CEO