Is decentralized insurance the next big DeFi trend?
Asked 5 years ago
Hey guys, I'm looking for trends to jump in on, and it seems as if decentralized insurance is one of them. What do you think?
Laurence Weaver
Wednesday, March 23, 2022
Decentralized insurance is the next big DeFi trend since insecurity is a significant DeFi threat. DeFi insurance protocols provide insurance products and services against risks, like smart contract risks, custodian service risks, Initial Decentralized Offering risks, and exit scams. The protocols offer these products in a multi-chain environment, ensuring insurance protection covers many blockchain categories. Besides these insurance products and services, insurance protocols offer insurance businesses – high-end business models for DeFi insurance protocols.
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