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What is Etherisc?

Select your crop and determine the location of your field, as the automated compensation system activates in response to drought or flood reports from governmental bodies. This marks the groundbreaking stage of decentralized insurance. The compensation is not only automatic but also delivered with remarkable speed. Now fully validated, this system is specifically designed for low-income individuals and small business owners. Immediate payments are triggered by wind velocity readings from weather stations within a 30-mile radius of the insured's primary residence. It also includes protections against theft and cyber threats targeting smart contract wallets. Furthermore, it provides affordable and easily accessible coverage against potential losses resulting from the death or serious illness of a community member. The provision of rapid emergency funds ensures individuals can better cope with adversities they face. This forward-thinking insurance model has the potential to significantly bolster the resilience and stability of at-risk communities, ultimately fostering a sense of security and hope in difficult times.

What is Chainproof?

Chainproof, founded in 2022 as a compliant and regulated provider of decentralized finance insurance, emerged from an initiative led by Quantstamp, a leader in blockchain security and auditing. This innovative platform focuses on delivering insurance for smart contracts specifically designed for institutional investors, which notably lowers expenses for professional validators. In addition to reducing costs, Chainproof also offers audit coverage for DeFi protocols, creating a more secure investment landscape. By prioritizing safety and compliance, Chainproof aims to enhance trust in the decentralized finance ecosystem.

Media

Media

No images available

Integrations Supported

Ethereum

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Etherisc

Date Founded

2016

Company Location

Germany

Company Website

etherisc.com

Company Facts

Organization Name

Chainproof Digital Asset Insurance

Date Founded

2021

Company Location

Bermuda

Company Website

www.chainproof.co

Categories and Features

Categories and Features

Popular Alternatives

Popular Alternatives

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