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Insurance

cryptocurrency December 24, 2021

Key Takeaways Bridge Mutual is an innovative risk coverage platform that lets users buy and underwrite insurance for crypto assets and protocols. Using Bridge Mutual’s Leveraged Portfolios feature, users can underwrite insurance for multiple coverage pools simultaneously and earn a relatively high, stable yield on USDT deposits. Unlike other similar protocols, Bridge Mutual has no […]

cryptocurrency February 13, 2020

Opyn, a new DeFi product, has introduced an options-based insurance market for investors to hedge against black swan events and insure their Compound deposits. By leveraging options, the insurance mechanism is less centralized and more efficient than competitor Nexus Mutual. Advertisements Ensuring Security for DeFi Investors Despite strong traction within the DeFi ecosystem, there is […]

cryptocurrency June 6, 2019

Two ethereum startups have teamed up to help bring bank account-like protection to users of the second-largest blockchain. Advertisements Insurance cooperative Nexus Mutual and wallet provider Argent plan to offer a combination of smart contracts and insurance to keep Argent users’ funds safe from hackers. First, the smart contract is designed to prevent thieves from […]

cryptocurrency July 5, 2018

R3 has scored another win in the insurance sector, giving the startup a wide lead over other distributed ledger technology (DLT) providers in the sector. Advertisements Revealed exclusively to CoinDesk, the RiskBlock Alliance, whose members include such insurance heavyweights as Chubb, Marsh and Liberty Mutual, has decided to build its first set of use cases using […]

cryptocurrency May 3, 2018

The concept of microinsurance is getting a shot in the arm from new technologies, not least among them blockchain. Advertisements A term coined at the turn of the millennium, “microinsurance” is often defined as coverage for people on very low incomes. However, the concept has run up against many of the problems faced by microfinance […]