Parametric insurance built on top of decentralized infrastructure is one of the most exciting frontiers of innovation in the insurance industry. Not only does this insurance model foster new product designs and increase market participation, but it redefines underlying trust dynamics between insurance providers and policyholders.
Etherisc continues to push the boundaries as the market-leading protocol for developing decentralized insurance products.
Etherisc´s Generic Insurance Framework (GIF) is growing and becoming the home of more and more insurance products backed by blockchain technology. The platform allows to automatize insurance products end-to-end, speeding up the complete process & saving overhead costs while creating trust through absolute transparency on the blockchain.
Active products
Real-world use-cases like parametric crop insurance for smallholder farmers (with tens of thousands of active policies on-chain), Flight Delay Insurance, where you get a payout the moment your flight is delayed or cancelled, but also true DeFi products like de-peg protection. Etherisc´s de-peg protection gives you peace of mind in case of a stablecoin de-pegging event. Etherisc´s platform for decentralized insurance is multi-chain and deployed on several blockchains, including ETH Mainnet, CELO, Polygon, Avalanche and many more. Etherisc´s code is open source, and templates and pre-designed product modules allow easy onboarding, product design and deployment.
Etherisc aims to become the leading platform for decentralized insurance, powered by parametric data, validated & verified on-chain by Chainlink´s decentralized oracle network.
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compiance, and pirvacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
