Day: February 1, 2024

Decentralized blockchain insurance is an innovative approach to security and interest protection through the use of blockchain technology. This innovative insurance trend eliminates the role of intermediaries and is based on smart contracts, making the process more efficient, transparent and accessible to participants.

One of the main features of decentralized insurance on blockchain is the absence of central management. Blockchain technology allows the creation of smart contracts that are automatically honored when certain conditions occur. This eliminates the need to trust insurance companies or intermediaries, as the terms of the insurance are written in code and executed automatically.

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