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Intro to Oracles – Can Unreliable Inputs Be Used to Make Valid Decisions 1967 was a good year for action movies. In the classic spaghetti western “For a Few Dollars More” Clint Eastwood’s character goes to consult a prophet at the beginning of the movie so that he can find …
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A Free Lunch - Let the Government Do All the Work In our first blog post we explained the challenges associated with implementing peer to peer insurance on Ethereum, proposed a set of criteria an insurance DAO (Decentralized Autonomous Organization) would need to meet and then made the statement that …
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How to successfully help someone validate your claim: When contacting people be honest, genuine, and succinct. Ask for what you need with a friendly, happy, and upbeat attitude. You cannot have people validate for you if you haven’t first contacted them in person or over the phone. One potential …
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Dynamis is a smart contract for peer to peer insurance running on the Ethereum platform. It provides supplementary unemployment insurance by using the LinkedIn social network as a reputation system. Applicants for a new policy can use LinkedIn to verify their identity and employment status. Claimants can use their LinkedIn …
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The insurance DAO has a potential for greater accountability in how an insurance institution is governed. Human institutions governed by corporate charters may be subject to human error or coercion. Insurance DAOs are governed by smart contract code published on the blockchain. When this code is ran all computational steps, …