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Decentralized Insurance Platforms: Leveraging Smart Contracts
30.10.2024
Decentralized insurance platforms are part of the broader field of decentralized finance (DeFi), offering a new approach to managing and […]
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Decentralized Insurance Alternative Nexus Mutual Provides Cover to UK Shopkeepers
8.8.2023
A partnership with InShare sees Nexus adding some of its $274 million on-chain capacity to the retail mutual insurer comprising over 5,000 shopkeepers and small retail businesses
Crypto Assets Held in Self-Custody Wallets Have ‘a Non-Zero Chance’ of Getting Stolen — Fairside Network CEO
4.8.2023
According to Brandon Brown, the co-founder and CEO of Fairside Network, self-custody crypto wallets generally lack inbuilt insurance coverage to protect against theft or loss. Brown attributes this to the challenges encountered when assessing digital asset risks as well as “the absence...
Verida and Nimble Join Forces to Create Decentralized Insurance Protocol
13.1.2022
Verida has announced its partnership with Nimble to enhance Nimble’s decentralized insurance platform and protocol by leveraging Algorand networks. Nimble is most likely to create its democratized or decentralized insurance solution with Verida’s help. The collaboration will offer digital identity...
Risk Harbor set to take over decentralized insurance protocol Ozone on Terra network
4.11.2021
The peer-to-peer insurance service provides DeFi users coverage in case of technical glitches on the Terra blockchain
Decentralized insurance could save DeFi from contagion, according to ShapeShift report
27.4.2021
ShapeShift has identified two unaffiliated projects as promising DeFi insurance protocols
Tidal to Launch Balancer LBP Following 500x Oversubscribed Polkastarter IDO
26.3.2021
PRESS RELEASE. Tidal Finance, a high-yield insurance platform, offers the ability to hedge against the failure of a DeFi protocol or asset. While reinventing the way decentralized insurance works, Tidal Finance plans to attract participation from the community through a Balancer liquidity...
Ethereum-Based Nexus Mutual Expands Its Decentralized ‘Insurance’ to Centralized Exchanges
12.1.2021
A way to be covered in the event of an exchange hack
Decentralized insurance protocol Cover holds vote to cover Pickle hack
22.11.2020
If the vote passes, the claim will move to a validity committee to approve a possible payout of $340,000
Watch Decentralized Insurance As Another Emerging DeFi Trend
7.11.2020
Source: Adobe/H_Ko
Decentralized finance (DeFi) is about more than just lending and borrowing. While platforms such as Maker (MKR) and Compound (COMP) account for the lion’s share of the total value locked (TVL) into the entire DeFi ecosystem, decentralized insurance networks are also increasing...