P2P Insurance at its most basic level

Which features are essential for eliminating fraud and why?

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True peer-to-peer insurance has blockchain in its DNA

Don’t just reduce fraud, eliminate it

Simplest concept of insurance is a rainy day fund

These factors require insurance to be more institutionalized

The fundamental way peer-to-peer insurance should differentiate itself from centralized insurance providers is as follows:

The goal of this architecture should be:

Peer-to-peer Architecture Ingredients

Peer-to-peer Architecture Instructions

How to determine group size:

How to underwrite participation by policyholders:

How to underwrite events that trigger claims:

How to pay for premiums and claims:

How to award claims:

How to price risk:

How to mitigate fraud:

Conclusion

Written by

Incentives architect for TandaPay

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