Let’s take a look at the latest developments in the Etherisc ecosystem:

🔹 D1Conf in Istanbul, Turkey🇹🇷
🔹 Annuity prototype / partnership with HBA
🔹 Train delay protection 🚃🤝
🔹 DIP Dashboard 👩‍💻
🔹 Healthcare partnership with Veritycare 🩺

We had a great time hosting D1Conf 2023 in Istanbul: Only builders, no shillers, outstanding speakers, and a great audience made our conference memorable.

Thanks to all of you who visited us from all over the world, we had great conversations with many participants and fellow community members.
Thanks to everybody who helped us to make this possible, we are very grateful to have such a fantastic team, incredible partners @Chainproof, visitors from all over the world, and last but not least our great community.

🤩 Annuity prototype & HBA partnership

In a recent AMA, Etherisc and HBA Consulting provided insights into their dynamic partnership and upcoming ventures. Here’s a snapshot of the key highlights — check out our blog post for more info

Meet HBA Consulting: Maximilian Sourisseau introduced himself as the driving force behind Blocksurance, HBA’s blockchain consulting brand.

The Genesis of Partnership: The collaboration found its roots during a workshop with the University of Mittweida

Mutual Benefits and Complementary Models: HBA Consulting used Etherisc’s GIF for its robust infrastructure, enabling them to concentrate on the intricate mathematical aspects of their projects. The collaboration thrives on the synergy created by their complementary business models.

Navigating Regulatory Challenges: While discussing regulatory intricacies, Christoph shed light on the complexities faced in both European and US markets. Despite the challenges, Germany’s regulatory guidelines, designed to be technology-agnostic, were acknowledged for fostering an environment conducive to innovation.

😱 DIP dashboard fixed

Thank you to our community members for your support in fixing the Etherisc DUNE DIP dashboard! More updates in the pipeline for this

🚊 Train Delay Protection

In collaboration with Mittweida CSI (Community Supported Insurance), Etherisc has harnessed its cutting-edge platform to bring you a parametric insurance solution, initially available in Germany 🇩🇪.

Now, policyholders can easily purchase coverage with FIAT currency through a user-friendly interface, and all policy details, premium payments, and claims information are securely recorded on the Polygon blockchain. In the event of a train delay, Etherisc’s smart contract seamlessly verifies claim criteria, ensuring policyholders receive immediate compensation through the blockchain-based payment system.

👉🏻 Are you planning to travel via DB in Germany?
👉🏻 Check it on YT
👉🏻 Find the Train Delay Protection blog post here!

🩺 Healthcare insurance — Veritycare partnership

Etherisc & Veritycare have partnership leverages the innovative capabilities of both organizations to create a seamless, efficient, and cost-effective healthcare insurance solution that puts the needs of patients and healthcare providers first. The partnership will use blockchain technology to create a transparent and secure system for processing parametric, value-based health insurance transactions. Patients and healthcare providers can expect faster reimbursements and reduced administrative overhead.

Check out our blog for more info

🤝 That´s it for now! Have a great week ahead, and thank you for your continued support of Etherisc!

Check out our blog at blog.etherisc.com for the latest news and insights on our decentralized insurance platform.

Linktree

Etherisc Community Update: December was originally published in Etherisc Weekly Updates on Medium, where people are continuing the conversation by highlighting and responding to this story.

Dear Etherisc Community, time for a new Update.

🤝 D1Conf in Istanbul

In November, Istanbul will host the D1Conf, an event co-hosted by Quantstamp and Etherisc, two prominent blockchain and decentralized technology players. This gathering serves as a platform for these two organisations to showcase their latest innovations and contributions to the industry. Quantstamp, a leading blockchain security company, and Etherisc, a decentralized insurance platform, will jointly present their pioneering developments in the world of blockchain, decentralized finance (DeFi), and beyond.

D1Conf attendees can look forward to engaging with representatives of both companies, participating in informative workshops, and gaining insights into how Quantstamp and Etherisc are shaping the future of decentralized technologies. Stay tuned for event updates, as this conference promises to be an essential occasion for those deeply involved in the decentralized tech ecosystem.

🪢 Staking version 1.2

In the dynamic world of decentralized finance (DeFi), change is the only constant. We are excited to introduce a transformation that promises to redefine your staking experience.
What´s new:

• Gasless DIP Staking and Restaking: Say goodbye to high gas fees for DIP staking. Etherisc covers your initial wallet´s staking fees, allowing you to start your first DIP staking without upfront costs.
• Easy DIP restaking: Seamlessly transfer this from one risk bundle onto another (once the existing bundle has expired) without having to un-stake and re-stake your DIP.
• Extended USDT Bundle Renewal: Plan ahead with bundles extendable up to 30 days before the expire. The bundle can be extended 30 days or less from the date of expiration for another 14–120 days.

→ https://staking.etherisc.com/

Your support and feedback have been pivotal in shaping this significant update, thanks!

🚊 Train Delay Protection

Exciting news! The upcoming Train Delay Protection is in its final stages of development, and the dedicated team behind it has already achieved a significant milestone. They’ve successfully sold the very first policy on the Polygon Mainnet, marking a significant step toward making train travel less of a headache for commuters. Stay tuned for more details about this innovative solution, which aims to provide peace of mind and financial protection in the event of train delays.

🤫 Our team has two exciting new projects in the pipeline. We will cover these projects extensively as soon as we agree on communications with these partners. Both projects are real-world use cases.

👀 We are updating our General Insurance Framework, short GIF, which will soon be released as version 3.0. This version makes it easier to onboard and monitor applications in the Etherisc ecosystem.

🤝 Have a great week ahead, and thank you for your continued support of Etherisc!

Be sure to check out our blog at blog.etherisc.com for the latest news and insights on our decentralized insurance platform.

Linktree

Hello, and welcome to the September 18 Etherisc community update! was originally published in Etherisc Weekly Updates on Medium, where people are continuing the conversation by highlighting and responding to this story.

Hi everybody!

We have a few announcements to make, let´s kick it off with…

🤩 D1Conf
Etherisc and Chainproof are hosting the D1Conf in Istanbul, Turkey 🇹🇷!
As part of the DevConnect conference, taking place from November 13th to 19th, we are once again opening our doors to the D1Conf. We are expecting renowned speakers from both the decentralized insurance and traditional insurance sectors. The entire community is warmly invited to attend, meet our team, connect with industry professionals, and save the date of November 16th, 2023! Stay tuned for an upcoming press release, and be sure to visit our official website.

🎤 A.M.A.
We think our community is great! That´s why it is time for another round to host an A.M.A. with Christoph! Send us your questions asking anything related to a topic like the GIF, Staking, or whatever crosses your mind! Inbox for questions.

🏗️ Staking
We are considering migrating our staking mechanism to the Layer 2 zkEVM Polygon Blockchain. This migration offers a more sustainable and cost-effective way to stake, reducing transaction fees. If this proposed migration to staking on L2 zkEVM resonates with our community, we are committed to actively pursuing ways to streamline and optimize the staking process. Our goal is to ensure simplicity and cost-effectiveness throughout the staking process.
Please note that in order to stake, the DIP-token will need to be bridged to the Polygon Blockchain. Please do not bridge DIP token before the official announcent is made! We encourage everyone to do their own research and understand the associated risks.
👉🏻 zkEVm Polygon
👉🏻 zkEVM Bridge

We would greatly appreciate your feedback on the potential migration of our staking mechanism to the Layer 2 zKEVM Polygon Blockchain. Your thoughts and input are essential in helping us make an informed decision that best serves our community. Please share your feedback with us on our Social Media channels.

🔥 Introducing the Renovated GIF-Sandbox and Fire Insurance Demo! 🔥Our GitHub repository, GIF-Sandbox, has undergone a renovation.
It features smart contracts, helper scripts, and documentation for a fire insurance product. This demo showcases the basic functionality of the GIF platform, offering a parametric insurance solution that pays out USDC based on fire event triggers and categories.

For detailed setup and usage instructions, visit the Sandbox documentation page:
https://github.com/etherisc/gif-sandbox. Get hands-on experience with parametric insurance innovation!

🤝 That´s it for this week! Have a great week ahead, and thank you for your continued support of Etherisc!

Be sure to check out our blog at blog.etherisc.com for the latest news and insights on our decentralized insurance platform.

Linktree

Hello, and welcome to this week’s Etherisc update! was originally published in Etherisc Weekly Updates on Medium, where people are continuing the conversation by highlighting and responding to this story.

Hi everybody!

First of all we´d like to say thanks to our ambassadors! We had a team call to onboard & brief our Etherisc Ambassadors. We are looking forward to working with you to expand our presence, and share knowledge, both online and offline.

💈 Over the last weeks, the team was present at a few events and industry meet-ups, for example the Web3Berlin, Greentech Berlin, The Micro Insurance Annual Meeting, Symposium Digital Transformation, Global Shield Bonn, Swiss Re Institute — The Next Web.

A little peak behind the curtain: In the tradition of “a new broom sweeps well”, we have temporarily brought in reinforcements to increase our team. Marketing, communications, social media, our homepage and other topics & ressorts offside of Etherisc´s tech are under the microscope. We are constantly looking for ways to improve and innovate, the Etherisc Community plays a big role here: Your feedback makes us happy!

We are busy with Acre Africa and the LCCC. More seasons, more farmers, more policies on the GIF. While we are seeing a steady increase in the number of farmers we are onboarding in Kenya, the Etherisc Impact team is finalizing steps for our cooperation with ARC and YelenAssurance. Burkina Faso is a new market entry for us, where we can make use of our many years of experience to get the project off the ground quickly.

🚊 The CSI Train Delay is in it´s final pilot phase, we will cover this outstanding project in a different format soon. Check out: https://csi.hs-mittweida.de if you haven´t already!
(Only available in Germany for starters)

🤝 Have a great week ahead, and thank you for your continued support of Etherisc!

Be sure to check out our blog at blog.etherisc.com for the latest news and insights on our decentralized insurance platform.

Linktree

Hello, and welcome to this week’s Etherisc update! was originally published in Etherisc Weekly Updates on Medium, where people are continuing the conversation by highlighting and responding to this story.

Hi everybody!

We have good news to share after a long period of preparation. Our participation in the WFP Innovation Accelerator Sprint Programme has resulted in a collaborative project with ARC and YelenAssurance. We have put significant effort into making this possible and are proud to announce our latest market entry in Burkina Faso 🇧🇫.
We are starting our journey by partnering with 4,000 farmers, marking a significant milestone for us.

Our team is also consistently working on advancing the LCCC project, aiming to improve its scalability and operational effectiveness. We´ll keep you updated on further developments and milestones.

👉🏻 In the coming month, members of Team Etherisc have an divers lineup of events, congresses, and blockchain conventions where they will be presenting and networking. These include gatherings such as Web3Berlin, Berlin Greentech Festival, Global Shield Bonn, Micro Insurance Annual Meeting, and more.

We would like to invite our community and everyone interested to join us at these events and take the opportunity to mingle with Team Etherisc. It’s a chance to connect, exchange ideas, and learn more about our innovative projects and initiatives. We value engaging with the broader community and believe that these events provide a platform for fruitful discussions and collaborations.

Whether you’re a blockchain enthusiast, an industry professional, or simply curious about our work, we encourage you to join us at these upcoming events and be a part of the conversation. We look forward to meeting you and sharing insights, ideas, and possibilities for the future.

Stay tuned for updates on specific dates, times, and locations of these events. We hope to see you there!

Have a great week!

🤝 Have a great week ahead, and thank you for your continued support of Etherisc!

Be sure to check out our blog at blog.etherisc.com for the latest news and insights on our decentralized insurance platform.

Linktree

Hello, and welcome to this week’s Etherisc update! was originally published in Etherisc Weekly Updates on Medium, where people are continuing the conversation by highlighting and responding to this story.

Hi everyone!

This week, we don’t have any major updates to share. We’re still working hard behind the scenes to bring you the best possible products and services.

However, we wanted to let you know that we’ll be attending the Web3Berlin event on June 10–11.
Web3Berlin is a two-day event that will bring together bright minds of the Web3 space. It’s an excellent opportunity to learn about the latest trends in the industry and network with other like-minded individuals. We´ll be presenting on the main stage, come by and say hello!

Parametric insurance has the potential to revolutionize the insurance industry. By removing the need for human intervention, parametric insurance can provide faster, more efficient, and more affordable coverage to people around the world. We are excited to be at the forefront of this revolution, and we are committed to making parametric insurance accessible to everyone.

🤝 Have a great Sunday, and thank you for your continued support of Etherisc!

Be sure to check out our blog at blog.etherisc.com for the latest news and insights on our decentralized insurance platform.

Linktree

Hello, and welcome to this week’s Etherisc update! was originally published in Etherisc Weekly Updates on Medium, where people are continuing the conversation by highlighting and responding to this story.

We’re excited to announce the return of our weekly updates in a shorter format but with the same commitment to providing consistent output for our community.

Our $DIP token staking has reached an impressive 15 million tokens staked. However, we’re not stopping there — we’re aiming for even more! As an added incentive for investors, we’re reimbursing gas fees for staking.
The same goes for the depeg protection; we´re offering a gas-less option for interested parties. Meme coins are pushing the gas fees on Mainnet again. What a time to be alive 🐸

Etherisc’s staking mechanism is an innovative way for investors to participate in the development and growth of the platform actively. By staking their $DIP token, investors not only benefit from the potential appreciation of their investment but also contribute to the overall security and decentralization of the Etherisc network, positioning themselves as early movers in the emerging decentralized insurance industry.

In other news, we want to share with the Community that we have received coverage from multiple crypto- and blockchain outlets for our $DIP staking launch and USDC depeg protection. Wachsman PR coordinated our marketing efforts.

Be sure to check out our blog at blog.etherisc.com for the latest news and insights on our decentralized insurance platform.

🤝 Thank you for your continued support of Etherisc!

Linktree

Hello, and welcome to this week’s Etherisc update! was originally published in Etherisc Weekly Updates on Medium, where people are continuing the conversation by highlighting and responding to this story.

📣 Greetings, Etherisc Community. Long time no see!
This week, we have exciting updates for you, including progress on our upcoming de-peg protection product and public staking.

The current state of financial markets has shown us that we´re on the right path with our De-Peg Protection. Recent crashes of crypto-backing banks in America and the accompanying de-peg of USDC have emphasized the importance of our upcoming product. We sense that many voices in the crypto space are becoming more cautious about what was considered “too big to fail” concerning the leading stablecoins. We’re excited to provide a solution that will benefit the entire blockchain community.

🚀 De-Peg Protection: We’re happy to announce that the launch of our De-Peg protection product is around the corner, and we can’t wait to share it with you. We’ve deployed the smart contracts for registry staking on Goerli Testnet, and we’re currently testing all functions before moving on to the ETH Mainnet. We’re conducting a complete integration test, combining oracles, price feeds, and all other components in real life. Thanks to the bug-bounty program and feedback from our community, we’ve improved the product to a point where we’re confident about launching it.

🔒 Public Staking: We’re launching public staking in a Risk Pool along with De-Peg Protection. You can stake your DIP tokens and other stablecoins, earning rewards while providing collateral for various insurance products on the GIF. Eventually, staking DIP tokens will also make you a part of the Governance of the GIF platform. Initially, the first Risk Pool will have a limit of ∽5,000 USD. We will gradually unlock more staking volume to ensure security. Check out our overview in slides for more details:

As announced, there will be a dedicated blog post accompanying the launch. You will find an FAQ section designed to help you navigate the product. If you want any questions included in the FAQ, spam ´em in the known Etherisc channels.

🐛 Bug Bounty Program: Our bug bounty program is still live and has been super-duper helpful for our dev team. Thank you for your support and contributions. We look forward to continuing to work together to build a better product. The new URLs for the staking and de-peg web apps have changed and are now available at
New URLs: https://staking.goerli.etherisc.com/ https://depeg.goerli.etherisc.com/

💨 We’re increasingly engaging in the carbon market, exploring carbon offsetting certificates and their trade. We’re working with Floodlight, Coorest, and Chainlink to dive deeper into this space.
By collaborating with these companies, Etherisc can gain more insight into the carbon market and potentially participate in carbon offsetting activities. This can help reduce the global carbon footprint and contribute to efforts to mitigate climate change.
However, it’s important to note that carbon offsetting should not be the solution to address climate change. It’s crucial to prioritize reducing emissions through sustainable practices and transitioning to clean energy sources to achieve long-term, meaningful progress.

😱 Last but not least, we plan to engage our community more by involving them in little side-quests for Etherisc, with compensation in eternal honour and $DIP tokens. Bug hunting, design, and other exciting opportunities are on the horizon. Keep your eyes open for updates!

🏟️ Past and upcoming events:

-CryptoKang x Christoph on Binance Live re-watch here (more AMA streams coming to accompany the de-peg and staking launch.

-> June 10/11Web3Berlin, Main Stage! https://berlinweb3.com/
-> June 13 Next Web Exclusive Conference in Zurich

👉🏻 What we are working on at the moment:

• Launch de-peg and staking
• Overhaul of website
• Scaling LCCC
• Scaling Acre Africa
• Carbon Offset Certificate Insurance

🤝 As always, we appreciate your support and feedback. Thank you for being a part of the Etherisc community!

🎙 Stay in touch & become a part of the community
https://linktr.ee/etherisc

Etherisc Centennially Update was originally published in Etherisc Weekly Updates on Medium, where people are continuing the conversation by highlighting and responding to this story.

📣 Dear Etherisc Community,
🚀 Welcome to the Etherisc Weekly Community Update!

🔹 Carbon Offsetting
🔹 De-Peg
🔹 Staking

💨 We are excited & happy to share some important updates with you this week. As you all know, the carbon offsetting industry has been under scrutiny lately, with many companies being called out for their lack of genuine carbon reduction efforts. At Etherisc, we take this issue very seriously and have been working on a new project that will address this problem head-on. We are proud to announce that we have partnered with Chainlink, Coorest and Floodlight to develop a new carbon offsetting project. This project will use the latest technology and data from Chainlink’s oracle network to measure and verify carbon reduction efforts accurately. Link to our blog post.

🚀 De-Peg Protection: The crypto market is highly volatile, and one of the biggest concerns for crypto holders is the potential for de-pegging. To address this issue, we at Etherisc have been working on a de-peg protection product that allows users to protect their assets from market fluctuations. We are excited to announce that this product is nearing completion and will be launched very soon. This innovative product utilizes smart contracts to automatically trigger when a specified threshold is reached, ensuring that your assets are protected in times of market instability. We value the community’s help in further testing the prototypes. We would love to hear your feedback and suggestions as we continue to improve the product. Please keep on testing and reporting. Thank you!

🔒 Public Staking: In tandem with the launch of our de-peg protection product, we will also be introducing public staking in the belonging Risk Pool. With our public staking feature, users will be able to stake their DIP tokens and other stablecoins in our risk pools, earning yields while helping to provide liquidity and collateral for various protections and insurance models on the GIF. We are still in the testing phase for this feature and would appreciate the community’s help in testing the staking prototype before we go live with it. The prototype is about to be released in the next few days. Thank you for your patience.

🪅 The start of 2023 has been quite dynamic for our team, with a lot of developments and progress taking place. Our Impact team has been taking advantage of the opportunities to introduce Etherisc’s vision to a wide range of individuals and organizations at various events and gatherings. We are proud to see our efforts gaining momentum and overcoming the challenges of the bear market. A big thank you to our supportive community!

A few events that we will be attending:

👉🏻 Feb 11th, Chainlink Meetup in Ho Chi Minh City, Vietnam. (no link yet)

👉🏻 Feb 16th, Chainlink Meetup in London x Coorest

That’s it for this week!

🎙 Stay in touch:

Check out our forum and blog for more about Etherisc
Follow us on Twitter
Find us on LinkedIn
Join our Discord if you haven’t already!
Re-activating our subreddit r/etherisc
Visuals on our Youtube channel

Etherisc Weekly Community Update was originally published in Etherisc Weekly Updates on Medium, where people are continuing the conversation by highlighting and responding to this story.

📣 Dear Etherisc Community,
🚀 Welcome to the Etherisc Weekly Community Update!

We conclude the year and look back. What was going on this year, what did we accomplish, and where are we?
As you all know, this year was hardcore for the whole blockchain space: Stablecoin de-pegs, DeFi projects implodes.
S(ca)ms, Billion$ Frauds and hacks as far as the eye can see. The crypto market is in deep crisis. Nevertheless, we are in good spirits at Etherisc and will get through this crypto winter, which seems like it will turn into an ice age. So what, one more bear market under the belt? No, all this does not pass us by without a trace. We need to keep our resources in-house and manage them well. We will soon celebrate Etherisc’s sixth birthday, and many more years will come!

Etherisc 𝟮𝟬𝟮𝟮

Flight Delay Protection went live at the beginning of the year: From now on, you can insure yourself against things going wrong in IATA air traffic: delays, cancellations, flight cancellations due to strikes or volcanic eruptions; we got you: Fully automated processing from booking the coverage to payout makes for one less travel planning headache. The first version of the protection served as a showcase to demonstrate that the travel industry can be brought together with blockchain. To make the product available to a broader audience and achieve mass adoption, we still have a few nuts to crack: Extraordinary events anticipated by smart individuals at a very early stage can lead to an abuse of the System and thus to a financial loss for risk capital providers (people who invested in Risk Pools). Wisdom of the Crowd CAN be ONE approach to risk mitigation, but the vector for clever attacks is still significant.
Flight Delay is a heart project; we know the product's strength. In a revised version and adapted to the post-audit GIF, Flight Delay Protection 2.0 will be released by us.

In March, we became a Founding Member of the Lemonade Crypto Climate Coalition or LCCC for short. Together with the Lemonade Foundation, Avalanche, Chainlink, Pula Advisors, Hannover Re, DAOstack and tomorrow.io, we have set ourselves the goal of helping smallholder farmers in Kenya, Africa🇰🇪 to protect themselves against crop failures caused by climate change. Etherisc has, among other things, created the blockchain infrastructure utilising the GIF to automate the off-chain/on-chain project. Avalanche Mainnet serves as the home for this unique project, where so many different components merge to create something great. We are incredibly proud to be able to compensate farmers affected by climate change BEFORE the end of the current season: no fine print, no discussion. No intermediaries and no complicated bureaucracy.
The Lemonade Foundation and all of its strong partners are looking to expand and scale this project further, with more countries and markets in focus for our coordinated efforts. And the first season proved us right: we exceeded our goal in November: With more than 1,600 farmers onboard and on-chain, we are happy to see we hit a nerve. Season 2 starts soon, and we expect a five-digit number of farmers insured.
The infrastructure provided for the LCCC serves as a blueprint for other projects: Once developed and proven in practice, it can now easily be licensed for different use cases, and after only a few adjustments to the desired parameters, the roll-out can take place.

April was all about D1Conf in Amsterdam. The entire team came together in the Netherlands to co-host a meetup with Nexus Mutual that attracted many attendees and speakers from a wide range of fields around Insurance, Finance, Crypto & Blockchain. The full stream.
An entire day was centred around Decentralized Insurance and questions such as, ‘How do we connect TradFi to what we’re trying to do’ or ‘How can we bring insurance business models to the Blockchain and the GIF and achieve mass adoption’.
Speakers from traditional and long-established companies such as Munich RE (Re-Insurance) joined with pioneer Blockchain Companies such as Chainlink Labs. Nexus Mutual and Etherisc are together on the front lines for Blockchain-powered Insurance and will continue to fight until we have ported the insurance market holistically to Blockchain😎
See you all @ the next D1Conf!

🧰 Audits from June to October.
In June, we started preparing for code audits. As part of the LCCC project, we started staking in a closed risk pool, and an audit became necessary because we wanted to have an independent guarantee of the security of our code. The audits continued into October and produced several findings.
Now we can gradually open Risk Pools and all other features of the GIF framework to other projects. With the De-Peg Protection, there will be a Public Risk pool for the first time. Risk pools were previously “closed-shop” which were only accessible to the respective instance owners.

The SmartCon at the end of September in New York City, annually hosted by Chainlink Labs, was an extraordinary event for us. Christoph presented Etherisc’s mission to a tech-savvy audience as a speaker.
SmartCon is one of the main events in the blockchain space and, accordingly, attracts attention. Crypto Twitter forgets for a second what it’s supposed to be arguing about ;)
The times are stormy; Chainlink, known for on-chain/off-chain data verification, price feeds, and oracles, comes here to the role of hopeful and lighthouse to navigate the crypto space safely out of the crisis. Christoph presented Etherisc’s mission to a tech-savvy audience as a speaker.
SmartCon is one of the main events in the blockchain space and, accordingly, attracts attention. Crypto Twitter forgets for a second what it’s supposed to be arguing about ;)
The times are stormy; Chainlink, known for on-chain/off-chain data verification, price feeds, and Oracles, comes here as a beacon of hope to navigate the crypto space safely out of the crisis. Insurance on the blockchain is still a huge topic. Chainlink is our partner to help us achieve our goal of positioning a platform for any decentralised insurance and protection on the market.
👉🏻 Superexciting: Christoph’s SmartCon presentation, November ’22.
👉🏻 Worth a look: The Weekly Update accompanying the presentation.

🇺🇳 COP27 in Sharm el-Sheikh

In November, the world looked to Egypt for this year’s UN World Climate Conference COP 27. Etherisc’s Jan Stockhausen grabbed the microphone in Cairo to raise awareness for the issues that matter to us. Hosted by The Lab and titled “Catalyzing Investments for Resilient Smallholder Agriculture”, it brought together activists for a wind of change: we all feel the various impacts of climate change on our lives, some more, some less. But some effects of climate change are so life-impacting that we must act where people have the fewest resources to defend against them effectively. We must de-risk emerging economies and encourage financial innovation to pave the way for more direct investments. This is necessary to ensure smallholder farmers are provided with an affordable solution to protect themselves against the effects of climate change. Etherisc is already embedded in several projects, provides the infrastructure blockchain-side, or is the umbrella company. Our message to the world is clear: “We can make a difference to help people fight for survival. If we use blockchain technology, we can save costs and make processes much more efficient and feasible. Climate change is real; there is no more time to waste.”
Our message will not be lost in the endless corridors of the climate conference, but will fall on the ears of many participants.

WFP ACCELERATOR

November was a busy month for us: Etherisc got accepted to the WFP Innovations Accelerator! Hui Lin, Michiel, Jan & Matthias represented Etherisc; they competed with other startups for a six-month acceleration programme to reach proof-of-concept and develop a prototype ready for implementation.
While the first part of the Accelerator Programme was online, Etherisc Impact Project Lead Hui Lin pitched in the second part in Munich our vision of a blockchain-backed crop protection to improve the situation for farmers in crisis-ridden Burkina Faso🇧🇫. The World Food Programme and Etherisc are a good match as we can draw from our experience with the LCCC or Acre Africa to map the solutions we need on the blockchain quickly.

🔐 With De-Peg Insurance, we are launching a product early next year to generate revenue and show how versatile the GIF is with a DeFi product. Established as a demo on Mumbai Testnet, the product will launch on Ethereum Mainnet.
Stablecoin de-pegs are now a sad reality and no longer an abstract threat. With Etherisc’s De-peg Protection, you can now participate in this product both as a protected party and venture capitalist. We are not the first to offer such protection, but we are the only ones to handle it in a decentralised way: WE provide the infrastructure, and ANYONE can protect themselves or invest and create a Risk Bundle. You want it; you got it! Completely transparent, and the code is open source.
Etherisc goes live! What are you waiting for? Insurance 2.0 is finally here.

Außerdem:
🔹 Whitepaper update
🔹 CSI image film

📑 A new version of the whitepaper v2.0 is out: LINK.
More updates and changes to the document will follow; this is not the final form yet.

🚂 Community Supported Insurance’s project, the Train Delay Protection (working title), an Etherisc x University of Mittweida collaboration, goes into the next round: An image film was produced to introduce the future GIF instance for protection against delays in train traffic in Germany to a wide audience. Watch it here (In German). The project is taking shape and will soon go into a trial run to reach market maturity. Germany is predestined for such a safeguard: With high-tech but chronically delayed national rail traffic, it is attractive for many commuters and long-distance travellers to activate such a product on their smartphone with just a few clicks.

🪅 We thank the community for your contributions, input, and, most of all, your support. As mentioned at the beginning, we will soon be celebrating our sixth anniversary; you have played a huge part in ensuring we exist and keep going in this highly competitive shark tank called Crypto. Cheers to you, the Etherisc Community! Happy new year, everybody! 🤝🧨🎇

🎙 Stay in touch:

Check out our forum and blog for more about Etherisc
Follow us on Twitter
Find us on LinkedIn
Join our Discord if you haven’t already!
Re-activating our subreddit r/etherisc
Visuals on our Youtube channel

Etherisc Weekly Update was originally published in Etherisc Weekly Updates on Medium, where people are continuing the conversation by highlighting and responding to this story.