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Explorers
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About the project
Bridge is a decentralized, discretionary insurance application.
Decentralized
1
A decentralized and discretionary coverage application, allowing users to "insure" each other's risks.
Transparent
2
Blockchain-based, transparent code. Both claims assessment and investment of funds are on-chain and audit-able by the public.
Fair
3
All claims go through a 3-phase voting process that is enforced with rewards and punishments, ensuring a thorough process for every claim.
Disruptive
4
Bridge will revolutionize traditional insurance, which is unfair and litigious due to its lack of transparency and misalignment of incentives.
Efficient
5
Bridge is more efficient than traditional insurance companies, and does not require branch offices, claims specialists, or agents to work.
Quick
6
The turn-around time for claims and voting is predictable and is always under 6 weeks, regardless of the size of the claim.