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What if the traditional insurance industry could be utterly transformed by blockchain technology? Are you ready to explore how decentralized platforms could bring about peer-to-peer insurance, or even insurance based on climate information for African farmers? That's exactly what we're discussing today with our guest from FIDA Finance. They introduce us to their revolutionary Fund 10 project catalyst proposals, which aim to set up a workflow for insurance on the Cardano blockchain. Their approach combines multiple decentralized platforms with a fascinating exploration into how Cardano-associated NFTs could provide insurance coverage.
We don't just stop at the conceptual level - we also delve into the practical aspects such as funding and implementation of FIDA's decentralized insurance protocol. How could reinsurance work in this new paradigm, with larger companies creating portfolios of insurance contracts and investors collecting premiums? And what if this protocol was open-sourced, making it accessible to everyone in the world? We tackle these questions and more, promising an illuminating exploration of how blockchain technology can breathe new life into traditional industries. Join us on this exciting journey into the future of insurance with FIDA Finance!
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Support Cardano Over Coffee by delegating ADA to one of the single SPO host pools
TICKERS:
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By Brian, Epoch, Jenny, Lido, Block Jock, Noodz5
22 ratings
What if the traditional insurance industry could be utterly transformed by blockchain technology? Are you ready to explore how decentralized platforms could bring about peer-to-peer insurance, or even insurance based on climate information for African farmers? That's exactly what we're discussing today with our guest from FIDA Finance. They introduce us to their revolutionary Fund 10 project catalyst proposals, which aim to set up a workflow for insurance on the Cardano blockchain. Their approach combines multiple decentralized platforms with a fascinating exploration into how Cardano-associated NFTs could provide insurance coverage.
We don't just stop at the conceptual level - we also delve into the practical aspects such as funding and implementation of FIDA's decentralized insurance protocol. How could reinsurance work in this new paradigm, with larger companies creating portfolios of insurance contracts and investors collecting premiums? And what if this protocol was open-sourced, making it accessible to everyone in the world? We tackle these questions and more, promising an illuminating exploration of how blockchain technology can breathe new life into traditional industries. Join us on this exciting journey into the future of insurance with FIDA Finance!
Support the show
Support Cardano Over Coffee by delegating ADA to one of the single SPO host pools
TICKERS:
EPOCH
LIDO
INFI

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