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P2P Insurance

OctoInsure - A Decentralised P2P cross chain insurance protocol

P2P Insurance

Created At

ETHGlobal Istanbul

Project Description

Problem with current insurance products is we pay big insurance companies a monthly premium and in most cases nothing happens to your product. We loose whatever monthly premium we pay. Hence, decentralised peer-to-peer insurance, so we get our money back if nothing happens to anyone’s product in the pool.

How it's Made

We want to make it easier for anyone to use. So we used Safe Authkit for signing in, will be using EAS for attesting insurance policies, Hyperlane and CCIP for cross chain transfer of assets.

Ideally we should be showing all the insurance policies on all networks and then letting the user choose the policy on any network and then transfer their tokens to take part in the insurance policy.

I didn't get to the CCIP/Hyperlane and the EAS part.

The contract needs more work.

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