CARECHAIN: Supporting CARE through microinsurances using blockCHAINs
From Eurostar and BISITE research group (University of Salamanca, Spain), we propose CARECHAIN project, to research in DLTs, including blockchain and DAGs/tangles, to build an environment for executing of smart contracts to manage parametric microinsurances. Oracles will be exploited to read external conditions, execute SCs and provide the coverage. The main results of CARECHAIN will focus on the construction of an online platform and an environment for the execution of smart contracts for contracting and managing parametric microinsurances.
CARECHAIN online platform will allow to contract and manage parametric microinsurances in a simple secure and transparent way, automatically triggering compensation when conditions are verified. Targeted users focus especially on lower income individuals (niche for microinsurances).
Not available yet
This SOFTWARE is provided by THE PROVIDER as is and with all faults. THE PROVIDER makes no warranties of any kind concerning the safety, suitability, inaccuracies, or other harmful components of this SOFTWARE. There are inherent dangers in the use of any software, and you are solely responsible for determining whether this SOFTWARE is compatible with your equipment and other software installed on your equipment. You are also solely responsible for the protection of your equipment and backup of your data, and THE PROVIDER will not be liable for any damages you may suffer in connection with using, modifying, or distributing this SOFTWARE.
NGI Project: Ontochain
Status: Early research demo