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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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The Difficulty of Peer to Peer Insurance – Finding Something to Insure Vitalik’s whitepaper mentions the possibility of Ethereum being used for insurance contracts and he specifically mentions crop insurance as a possibility and is able to explain it as being a financial derivative based on the weather: One can …
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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 …