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What is crypto insurance?

Crypto technology is starting to be used within the legacy insurance industry to improve their products, at the same time as decentralized insurance protocols in DeFi are creating a new class of on-chain insurance products. Blockchain-based insurance enables gains in efficiency and transparency over traditional insurance systems. This article looks at how blockchain-based insurance is improving insurance in traditional finance, and how it is being deployed in DeFi.
What is crypto insurance?
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Table of Contents

  1. How does insurance work?
  2. Crypto in Traditional Insurance
  3. DeFi Insurance
  4. The Benefits of DeFi Insurance
  5. How does DeFi insurance work?
  6. DeFi Insurance Use Cases

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