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Description
Founded in February 2021, Bright Union is dedicated to optimizing risk markets within the DeFi sector. Our team comprises specialists in cryptocurrency, technology, and insurance, all committed to integrating web3.0 innovations into the insurance realm. We focus on aligning the supply and demand for crypto coverage while ensuring seamless and transparent transactions across various decentralized risk platforms. Since our inception, a variety of risk products tailored for crypto assets have been introduced. Smart contract insurance now safeguards crypto holders from vulnerabilities arising from coding errors. The blockchain’s open and transparent framework allows any community member to offer risk coverages, expanding beyond traditional insurance companies. The rapid influx of diverse participants providing these sophisticated products creates a significant opportunity for a consolidated platform to effectively match supply with demand. As an aggregator, Bright Union is strategically positioned to deliver structured products that enhance diversification in investment opportunities, catering to the evolving needs of the market. Our vision is to transform the landscape of risk management in the digital asset space.
Description
Choose your crop and the site of your field, as automated compensation is activated by drought or flood incidents reported by government agencies. This represents the pioneering phase of decentralized insurance. The payouts are not only automatic but also nearly instantaneous. Now fully authorized, this system is tailored for individuals with low incomes and small business proprietors. Instantaneous payouts are triggered by wind speeds detected by weather stations located within a 30-mile radius of the insured's permanent residence. It also offers safeguards against the risks of theft and cyber attacks on smart contract wallets. Additionally, it provides cost-effective and easily accessible protection against the potential loss due to the death or serious illness of a community member. The provision of immediate emergency payments ensures that individuals can navigate through challenging times with greater ease and support. This innovative approach to insurance can significantly enhance the resilience of vulnerable communities.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Bright Union
Founded
2021
Country
Netherlands
Website
brightunion.io/index.html
Vendor Details
Company Name
Etherisc
Founded
2016
Country
Germany
Website
etherisc.com