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What is PolkaInsure Finance?

A new peer-to-peer insurance marketplace is being developed within the Polkadot ecosystem, entirely managed by participants in decentralized finance (DeFi). As users join this marketplace, they will be awarded the PIS governance token, which plays a crucial role in the platform's operations. In this groundbreaking model, anyone can apply for insurance while others have the option to provide coverage. The intention is to migrate Polkainsure to a specialized Polkadot parachain once product development is finalized. For now, the PIS token is issued on Ethereum to cater to high trading activity. Users can secure coverage via PolkaInsure without the need for KYC verification, thus promoting wider accessibility. All smart contracts related to PolkaInsure will undergo meticulous audits and will be deployed and verified on the Polkadot blockchain, ensuring their dependability. The claims process is driven by smart contract code, enabling instant payouts and confirming that all insurance agreements are fully collateralized. The platform will integrate seamlessly with assets like DOT and ERC-20 tokens, as well as crucial infrastructure services including Chainlink and TheGraph. We have recently introduced our products on the Moonbeam testnet, which operates as the smart contract parachain within the Polkadot Network, marking a pivotal achievement as we launch Shield Mining in this ecosystem. This initiative is expected to significantly alter the landscape of how insurance is conducted within the realm of decentralized finance, paving the way for unprecedented innovations. As we progress, we aim to enhance user experience and trust in DeFi insurance solutions.

What is Agoric?

Agoric operates a Proof-of-Stake blockchain that utilizes secure JavaScript smart contracts, facilitating the rapid development and deployment of decentralized finance (DeFi) applications. By taking advantage of our pre-built smart contract components and decentralized applications (dapps), developers can significantly shorten their development timelines. These components are designed to be both secure and composable, allowing for the quick launch of projects. Our platform boasts an extensive library of reusable components created by experienced community developers, ensuring that you have the resources needed to succeed. With the use of familiar tools, you can craft smart contracts securely in JavaScript, streamlining the development process. As your project grows, you can be confident that a network of adept developers will be readily available for collaboration. Agoric enhances security by addressing various complex vulnerabilities, providing builders with a trustworthy environment to refine their contracts effectively. Founded on the principles of open-source collaboration well before "blockchain" became a buzzword, Agoric draws on decades of smart contract experience to cultivate a flourishing public economy. By leveraging Agoric's components, developers can concentrate on building their application without being hindered by complicated protocol integrations or external code dependencies. Ultimately, our mission is to enable innovators to efficiently and securely create groundbreaking applications within the DeFi landscape, fostering the next wave of financial technology. The future of DeFi is bright with Agoric, as we continue to support developers in their quest for innovation and excellence.

Media

Media

Integrations Supported

Ethereum
Chainlink
MetaMask
Polkadot
Telegram
WalletConnect

Integrations Supported

Ethereum
Babylon
Cosmos
Kado
Tres Finance

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Not specified

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

PolkaInsure

Date Founded

2020

Company Website

polkainsure.finance/

Company Facts

Organization Name

Agoric

Date Founded

2018

Company Location

United States

Company Website

agoric.com

Categories and Features

DApps

Not specified

DeFi Projects

Not specified

Categories and Features

DApps

Not specified

DeFi Projects

Not specified

Smart Contract

Not specified

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