B3i Services
The business, the turning points, and the decisions behind them.
01 / WHAT IT BUILT
What the company did
B3i developed blockchain-based systems for insurance and reinsurance transactions.
02 / B3i Services FAILURE REASONS
Failure reasons
The company could not complete another funding round after its earlier financing. That funding shortfall triggered insolvency and cessation of activity; the reviewed materials do not establish technology failure or consortium governance as the confirmed cause.
03 / EVENT HISTORY
Events in the structured record
- Operating company formed
B3i Services was incorporated in Switzerland to develop the insurance initiative commercially.
- Insolvency and cessation announced
July reporting confirmed insolvency after unsuccessful fundraising.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
Insurance systems needed continued development funding
- 02
Further funding round could not close
- 03
Funding shortfall triggered insolvency
- 04
Operating activity ceased