CARECHAIN: Supporting CARE through microinsurances using blockCHAINs
NGI-ONTOCHAIN:PROJECT-20
OntochainPrj20
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.
Not available yet
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Country: Spain
NGI Project: Ontochain
Status: Early research demo