Bridge - Decentralized Insurance

  Introduction 




In modern times like today, someone needs insurance to protect them or their family, whether it's health, education, electronic protection, etc., people need insurance so they don't feel worried if something unwanted happens. Even at this time, insurance can also cover a wider range of things, for example, financial insurance that can protect a person or business from financial losses that may arise, for example, contract failure, commercial financial losses, etc. This is the reason why insurance is important for a person or business.


But what if the insurance sector meets the crypto world? maybe this is the first time you've heard of this information, where there is an insurance-focused platform that can protect crypto users from financial losses - this platform is Bridge - this is a decentralized insurance platform that protects smart contracts, stable coins, centralized exchanges, and more.


Bridge: Decentralized Insurance For Smart Contracts, Stablecoins, Exchanges and More 





Bridge is a decentralized insurance platform that will protect smart contracts, stable coins, centralized exchanges, and more. This is a platform built on the Polkadot network, which will provide users with the most transparent and efficient p2p coverage platform, which allows anyone to reliably insure smart contracts, stable coins, and more, according to their needs.


With Bridge a person or business can insure their digital assets to prevent unwanted things from happening, for example, as in the case of bZxFlash Attack, Maker Black Thursday, KuCoinExchange Attack, and many other cases in the crypto market that cause millions of dollars in losses. With Bridge we can avoid these things.


However, Bridge does not only provide insurance services, Bridge also provides DeFi services that allow people to maximize their profit by becoming a staker. Thus the stakers have the opportunity to get passive yields over time and share profits when people buy insurance.


 Bridge Features 





  • Decentralized: Bridge is a decentralized insurance platform that allows its users to insure each other.

  • Transparent: Bridge is a transparent insurance platform where claims assessment and investment of funds are on-chain and audit-able by the public.

  • Fair: Each claim submitted will be reviewed through a 3-phase voting process with rewards and punishments.

  • Disruptive: The insurance model introduced by Bridge will replace the traditional insurance model which is less transparent and outdated.

  • Efficient: Bridge operations are more efficient than traditional insurance platforms because they do not require branches or working agents.

  • Quick: Bridge usually processes a claim within a period of usually under 6 weeks, regardless of the size of the claim.


 Bridge Advantages 




Bridge is a decentralized insurance service that not only allows users to insure coins, contracts, or exchanges but can also maximize their profit by becoming a staker, which allows them to get passive yields over time.


All these processes do not require KYC or complicated identification processes, because all funds will be secured in smart contracts and no one party can interfere with these funds, including the Bridge itself.


As is well known, Bridge is a decentralized platform that allows token holders to be able to participate in platform governance, so that the Bridge platform can remain safe, transparent, and fair.







 In Conclusion 




As we know, currently many unwanted events occur in the crypto market, for example, such as the KuCoin hack which caused millions of dollars in losses. We don't want something like this to happen again. And to prevent this we can use insurance services to protect us. Bridge is a decentralized insurance platform that allows crypto users to insure a smart contract, stable coins, centralized exchanges, and more. This is a platform built on the Polkadot network, which will provide users with the most transparent and efficient p2p coverage platform, and allows anyone to reliably insure their assets or maximize their profits by becoming a staker.


 Keynotes 





  • Bridge is a decentralized, discretionary insurance platform protecting smart contracts, stable coins, centralized exchanges, and more.

  • Bridge provides the most transparent and efficient p2p coverage platform, allowing anyone to reliably insure smart contracts, stable coins, and more

  • No KYC required.

  • Fast Settlement.

  • Staking BMI tokens and get profit.


Connect


WEB: https://www.bridgemutual.io/
TELEGRAM: https://t.me/bridge_mutual
TWITTER: https://twitter.com/Bridge_Mutual


Writer


BTT Username: Sirait
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1112636
Telegram: @Sirait999

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