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Matthias Zimmermann joins the Etherisc Team

Matthias Zimmermann joins the Etherisc Team

MediumMedium08 Jun 2021 | 16:21 pm
Matthias is an outstanding developer with many years of experience in the insurance space. He has been involved in large open source projects, most notably in the Eclipse Foundation, where he was project lead for many years and served a year in the Board of Directors. Matthias will put his full energy in the further development of the Decentralized Insurance Protocol and Generic Insurance Framework.
Etherisc earns support from the Climate Ledger Initiative (CLI) and Swiss Agency for Development…

Etherisc earns support from the Climate Ledger Initiative (CLI) and Swiss Agency for Development…

MediumMedium04 Jun 2021 | 10:15 am
Etherisc Impact has received a grant from the Climate Ledger Initiative (CLI), an international, multi-stakeholder initiative at the intersection of climate change and blockchain technology. The initiative is supported by the Swiss Agency for Development and Cooperation (SDC), allowing the development of concrete use cases to foster digital innovations and climate action.
YIELD App partners with innovative DeFi insurance protocol Steady State

YIELD App partners with innovative DeFi insurance protocol Steady State

MediumMedium20 May 2021 | 10:49 am
YIELD App has announced a partnership with Steady State, an insurance protocol for decentralized finance (DeFi) platforms and protocols. The protocol will allow anyone to participate in its insurance ecosystem, with users of any size able to stake assets inside the coverage pools of individual protocols in return for a premium. Users will be able to trade their stakes on a secondary market to support the entire protocol.
Ethereum for the Next Billion: Announcing the EF Fellowship Program

Ethereum for the Next Billion: Announcing the EF Fellowship Program

blog.ethereum.orgblog.ethereum.org07 May 2021 | 12:41 pm
The Ethereum Foundation has launched a new fellowship program to support projects in emerging economies. The program aims to support the development of projects that have high potential to create impact in developing countries by using blockchain technology. The Fellowship Program is a pilot project that has been launched by Next Billion, a team at EF that focuses on seeking opportunities in emerging countries.
Etherisc launches 50 Million DIP Token Grant Program

Etherisc launches 50 Million DIP Token Grant Program

MediumMedium08 Feb 2021 | 18:14 pm
The Decentralized Insurance Foundation has approved a grant program for developers and teams working to further develop decentralized insurance on the Etherisc platform. The first grant has been awarded to the project of ACRE Africa in Kenya. The funds will be used to develop the platform to support ACRE’s specific insurance product.
World Economic Forum Global Council on Cryptocurrencies Publishes Inaugural Review

World Economic Forum Global Council on Cryptocurrencies Publishes Inaugural Review

17 Dec 2020 | 15:52 pm
New Advisory Body Draws on Global Network of Experts to Advance Understanding of Cryptocurrencies and Highlight its Applications in Finance and Beyond. The members of the Council include chief executives, risk and strategy officers from leading cryptocurrency companies, and executives at financial institutions. The Council will work on technical knowledge products for regulators and policy-makers.
Etherisc’s crop insurance initiative in Kenya earns support from Ethereum Foundation

Etherisc’s crop insurance initiative in Kenya earns support from Ethereum Foundation

MediumMedium14 Dec 2020 | 15:11 pm
Etherisc has received a grant from the Ethereum Foundation Ecosystem Support Program to fund its project aimed at providing crop insurance to smallholder farmers based on blockchain technology in cooperation with ACRE Africa. The grant is a crucial element to complete the financing for the first phase of the project in Kenya. The Foundation is seeing opportunities in emerging markets as part of their scaling strategy to reach the next billion users.
Which products would you like to see next on our Platform?

Which products would you like to see next on our Platform?

Etherisc Community ForumsEtherisc Community Forums25 Nov 2020 | 09:51 am
FlightDelay insurance Baggage insurance Crop Insurance (impact insurance) Mobile / Electronics Insurance Household insurance Carbon footprint insurance Wedding insurance (bad weather) Smart Contract Insurance (Hacks/exploits) Crypto Wallet insurance Hurricane insurance Life insurance Health insurance Car insurance 0 voters
Here is our plan for the next few months.

Here is our plan for the next few months.

MediumMedium23 Nov 2020 | 07:17 am
Etherisc is working with Acre Africa and Chainlink on the design of crop insurance for Kenya. A first prototype will be available in Q1/2021. DIP token holders will be able to provide liquidity to the first Flight Delay Risk Pool on the public xDai chain. A Public Grant Program for developers and teams working to create their own insurance products is also being finalized.
Etherisc teams up with Chainlink to deliver crop insurance in Kenya

Etherisc teams up with Chainlink to deliver crop insurance in Kenya

MediumMedium14 Nov 2020 | 16:00 pm
Etherisc has partnered with Chainlink to develop a crop insurance solution for smallholder farmers in Sub-Saharan Africa. The initiative aims to provide 250,000 farmers in East Africa with insurance coverage, who will be able to pay premiums in small installments as low as $50 cents. Etherisc’s smart contract technology will reduce the costs required to issue a policy by up to 41%.
Watch Decentralized Insurance As Another Emerging DeFi Trend

Watch Decentralized Insurance As Another Emerging DeFi Trend

07 Nov 2020 | 12:00 pm
Decentralized finance (DeFi) is about more than just lending and borrowing. The DeFi insurance sector might expand into conventional insurance products over the coming months. The emergence of oracle networks, as well as the general adoption of cryptoassets will help this sector grow too.
Come on in — we’re open!

Come on in — we’re open!

MediumMedium22 Sep 2020 | 12:46 pm
Etherisc has received approval by the German Financial Authority to offer its protection products with a new legal model. Etherisc does not give a legal guarantee of payouts in case of a loss. Instead, the payouts are governed by algorithmically controlled smart contracts. The registration process is simple and consists only of providing name, email and address.
A new legal model for blockchain based insurance

A new legal model for blockchain based insurance

MediumMedium26 Aug 2020 | 06:33 am
Etherisc, a German insurance startup, has a new legal model for blockchain-based insurance based on smart contracts and smart contracts. The company claims to be able to provide a "bullet-proof" insurance product without the need for a legal guarantee for a payout in case of a loss. Etherisc claims that its policy is processed by a smart contract and can be checked directly by examining the code and the transaction.
Top 5 Blockchain Insurance Projects - Crypto Skillset

Top 5 Blockchain Insurance Projects - Crypto Skillset

Crypto SkillsetCrypto Skillset08 Feb 2020 | 09:36 am
The insurance industry is a multi-trillion dollar industry that is ripe for disruption. With 81% of insurers anticipating blockchain’s mass adoption, we shall likely witness the majority of insurance companies integrating blockchain solutions into their business. Etherisc is a platform that enables anyone to build any type of insurance product through a common infrastructure, insurance templates, and license-as-a-service.
Blockchain Insurance Projects on the Rise - HedgeTrade Blog

Blockchain Insurance Projects on the Rise - HedgeTrade Blog

HedgeTrade BlogHedgeTrade Blog12 Jul 2019 | 17:33 pm
Blockchain insurance projects are now creating innovative ways to meld this new technology with the traditional insurance industry. Insurance is one of the better examples of an industry where blockchain can potentially reconstruct its entire operation. Insurance companies are looking into blockchain’s potential applications within their diverse organizations.
Blockchain-Based Insurance Platform for Farmers Launches in Sri Lanka

Blockchain-Based Insurance Platform for Farmers Launches in Sri Lanka

CointelegraphCointelegraph01 Jul 2019 | 17:49 pm
An insurtech firm Etherisc has launched a blockchain-based insurance platform for Sri Lankan farmers to cover crop losses. The platform is the result of a partnership between the insurance company Aon and the charity Oxfam in Sri Lanka. The aim of the platform is to provide a way for farmers to access risk protection in the face of potential crop-obliterating weather conditions.
Etherisc and Nexus Mutual — bonus tokens for DIP holders

Etherisc and Nexus Mutual — bonus tokens for DIP holders

MediumMedium14 Jun 2019 | 09:02 am
Etherisc and Nexus Mutual have announced a collaboration to bring together the community of decentralized insurance enthusiasts. Nexus Mutual has recently launched on mainnet and is currently in an initial phase where it will fully activate after 12,000 ETH (approximately $3m USD) in contributions have been made in exchange for NXM — the native Nexus Mutual token. Etherisc’s DIP tokens are used in the Decentralized Insurance Platform as a method of coordinating various aspects of the insurance value-chain.
GIF Tutorial: Part 1

GIF Tutorial: Part 1

MediumMedium14 May 2019 | 12:55 pm
Etherisc’s Generic Insurance Framework (GIF) lets you build decentralized insurance products on top of a single smart contract. GIF provides a simple and clean interface to build insurance products. A product contract acts as a client and utilizes generic methods which are important parts of every policy lifecycle. In this tutorial, we will go through all the steps of creating your very first product on GIF.
The Ideal Crypto Wallet Insurance Should Cover Hacks, Theft, and Fraud: Survey

The Ideal Crypto Wallet Insurance Should Cover Hacks, Theft, and Fraud: Survey

MediumMedium07 Dec 2018 | 10:34 am
Etherisc surveyed 375 people about their crypto wallet insurance needs. 75% of respondents would feel better if their crypto wallets were insured, but fewer than 5% actually have some protection element, according to the poll. Etherisc is working to develop an insurable multisig wallet with a target coverage of up to $1 million.
A Business Case for Blockchain-based Micro-insurance to Solve the Property & Casualty Premium Growth Problem

A Business Case for Blockchain-based Micro-insurance to Solve the Property & Casualty Premium Growth Problem

20 Nov 2018 | 13:21 pm
Aon plc, Oxfam and Etherisc are working together to deliver micro-insurance using Ethereum blockchain to thousands of field farmers in Sri Lanka. "Not everyone can see a potential strategic value (which I estimate in upper single digit $billions worth of premium income over 5 years) hidden in this and a couple of other projects," writes Aon's Hugo Wegbrans. "Even fewer can spot, design or deploy mechanisms capable of creating and capturing this value at scale," he adds.
Etherisc Updates: Flight Delay, HurricaneGuard, and ILS/Lending Insurance Group Advances Moving…

Etherisc Updates: Flight Delay, HurricaneGuard, and ILS/Lending Insurance Group Advances Moving…

MediumMedium27 Sep 2018 | 16:38 pm
HurricaneGuard is moving forward with plans to bring HurricaneGuard to Puerto Rico. The startup is also working on the Generic Insurance Template, which will enable developers to deliver smart contracts. HurricaneGuard is also planning to write policies for the next hurricane season in the Caribbean and Eastern US.