Introduction
InsureDAO is an Ethereum smart insurance contract designed to solve a perceived pain point for users of the decentralized archiving network. By harnessing the power of blockchain-based computation, we have created an insurance contract that increases resource efficiency while mitigating DDoS attacks and financial uncertainty in the event that a decentralized organization gets hacked.
InsureDAO is the core of a platform for developers to create and sell insurance products on Ethereum. Smart contracts along with a decentralized application platform called Mist will allow these developers to build decentralized applications that are able to interact with a wide range of insurance services. These applications will be able to function with other services offered by the platform and may even be integrated in other platforms.
InsureDAO is a new way for developers to create and sell insurance products on Ethereum. This is an open-source project which offers a wide range of insurance services on the blockchain. The platform allows users to insure against anything from flight delay compensation to luggage loss. The first product from InsureDAO, Risk Profiles, helps users to understand their risk tolerance by providing a profile based on 8 different factors that affect risk behavior.
InsureDAO offers a decentralized and secure alternative to traditional insurance contracts, managed by a decentralized application platform. The network employs a novel consensus-based approach to secure the network against attacks; as a result, an attack involving a large number of cryptographic keys can be effectively thwarted. The system is designed to operate with a minimum amount of resources, allowing for a more convenient user experience while still remaining resistant to DDOS attacks and Sybil attacks.
InsureDAO is the core of what is designed to help developers and entrepreneurs create and sell insurance products on Ethereum. This is a new type of platform for developers that allows insurance providers to build and manage their own products on the Ethereum blockchain. Through using Ethereum smart contracts along with a decentralized application platform called Mist, developers can build decentralized applications that will be able to interact with a wide range of insurance services. These applications will be able to function with all other services currently offered by the platform, and may even be integrated at a later date into other platforms
How it works
The platform aims to be a fully transparent and decentralized solution that will never operate in the red. Of course, there are already a couple of product offerings in this space, but we feel that there's an opportunity here to build something much more robust and scalable.
InsureDAO’s straightforward interface puts the power of decentralized insurance in the palm of your hands.
A simple overview shows you what powers your insurance contract allowing you to choose from a list of powers, customize them as needed, and review your options at any time. Whenever you need insurance that From the ground up is built with blockchain technology this is what you will find. Whether you’re considering building your own decentralized insurance platform or wish to integrate existing decentralized services;
InsureDAO offers a decentralized and secure alternative to traditional insurance contracts, managed by a decentralized application platform. The network employs a novel consensus-based approach to secure the network against attacks; as a result, an attack involving a large amount of cryptographic keys can be effectively thwarted. The system is designed to operate with a minimum amount of resources, allowing for a more convenient user experience while still remaining resistant to DDOS attacks and Sybil attacks.
InsureDAO is a Blockchain-based, self-directed fully autonomous insurance fund intended to be the fundamental structure and underlying technology for the decentralized application economy. Unlike other such schemes, ours will be built to last, making it harder for governments or large corporations to take it down with anti-social or coercive measures. Our interface will be governed by a simple, easy-to-understand set of guidelines that anyone can easily read and follow; and where decisions on investments and investments-related activities are made by the community instead of giant intermediaries.
InsureDAO’s mission is to make insurance more accessible and affordable to everyone. Providing essential life and death protection to a community of users, we strive to un-burden consumers with overwhelming administrative and interpretive costs that often times result in over-insurance and under-performance. Our goal is to simplify the lives of everyone in our community by reducing or eliminating the need for Premium Accounts that rapidly consume budgets, time, and resources.
InsureDAO is the next generation in decentralized insurance. The goal of the platform is to increase innovation and entrepreneurship by making it easy for developers to create insurance products on Ethereum through a decentralized application platform.
InsureDAO is a platform that creates decentralized applications that are managed through smart contracts. These applications enable insurance service providers to create and sell new insurance products, and can interact with other offers on the platform.
InsureDAO is a decentralized application and platform that allows developers to build, sell, buy, and manage their own insurance products and services.
Want to create and sell insurance products on Ethereum? Then you’ll need the core of our software platform along with a decentralized application platform that connects your insurance products to users.
InsureDAO intends to make a range of insurance services available to developers and entrepreneurs on the Ethereum blockchain. We offer our customers cost-effective, novel products that help them to reduce legal costs.
Equipped with blockchain-based computation, this insurance contract helps decentralized apps stay on track while mitigates the consequences of a DDoS attack or financial uncertainty.
Benefits
What would happen if you lost your website because of a DDoS attack? That risk is why InsureDAO was created, an insurance contract that offers peace of mind.
The public address and immutable nature of smart contracts make them a target for DDoS attacks and hacks. Using blockchain technology, InsureDao enables users to purchase insurance on ERC20 tokens held by decentralized organizations, giving users peace of mind in the event that a hack occurs.
The decentralized archiving network is a new way for keeping important data safe and open to the public. We protect users by creating a reliable insurance contract through blockchain technology. We can protect your data from being hacked and lost forever.InsureDAO is a DAO and insurance platform. We tackle one of the biggest issues in fintech, cyber-attacks on decentralized organizations.
We’re guaranteeing the growth of Decentralized Autonomous Organizations with an Ethereum smart insurance contract.
InsureDAO is a dapp that allows users to insure their Ethereum holdings against any risk imaginable in the future.
