7/7 Stay tuned for additional information as we enter the exciting realm of v2! We will continue to introduce new partners and policies in the coming months. Meanwhile, please visit our new website at More details in the blog post:.

The Future of Decentralized Insurance: AI & Blockchain. 🤖 Discover how AI is revolutionizing insurance, from claims processing to customer service. 🔗 Learn about Blockchain's critical role in reshaping the insurance industry. Discover more here:

Their feedback has already helped us significantly improve code quality and architecture. As web3 scales, the need for reliable infrastructure rises. @Tidaldefi has an opportunity to become a core primitive by enabling risk coverage for protocols & users.

Security has always been our top priority. We brought on auditors @ConsensysAudits to assess our smart contracts given their deep experience in auditing and defi.

@Tidaldefi providing new ways to offer coverage in a permissionless manner while aligning incentives. Users pool capital which underwrites risk collectively. Payouts come from the pool, keeping premiums low.

As web3 matures, parametric coverage like this will be crucial infrastructure. The @ConsensysAudits article explained well how the protocol works on a high level and the various use cases it enables.

Thank you @ConsensysAudits for recently introducing @Tidaldefi, which is emerging as a key insurance protocol in the web3 space.

By pioneering this targeted use case,Tidal reaffirms its commitment to safeguarding participants across the decentralized finance ecosystem. We are proud to empower the innovative NativeX platform with robust protections against the uncontrollable threats posed by technical risks.

🔥At Tidal Finance, we are thrilled to announce the launch of a new insurance use case protecting trades on the NativeX decentralized exchange (DEX).

⭐ In our latest knowledge guide on DeFi Insurance Pools, you'll learn:. 🛡️ Types of insurance pools. 🔍 Selecting the right insurance pool. 💧 The role of liquidity pools. 🚀 Applications of liquidity pools beyond insurance. Discover more here:

⭐ In our latest insight on Smart Contract Hack Protection, you'll learn. 🛡️ The critical role of smart contracts on the blockchain.👨‍💼 The importance of professional auditing for hack protection.🛡️ How @BlockSecTeam can provide protection. Learn more here:

🔮 2023 and beyond: The era of true insurance automation? With the integration of AI, oracles, and advanced smart contracts, is the DeFi-based insurance model poised to further optimize processes and once again disrupt an ever-changing industry 🔗 #DeFi #DefiInsurance.

🌐 2018: Rise of DeFi insurance. As blockchain technology matured, the vision of replacing traditional insurance systems with decentralized solutions became clearer. The promise? A system without middlemen, offering unparalleled fairness and transparency.

💡 Early 21st Century: The digital era ushered in online insurance models, AI-driven risk assessment, and automated claims processing. Insurtech startups began to disrupt the traditional models.

🚗 20th Century: The world wars catalyzed the growth of auto, health, and reinsurance sectors. The latter half introduced computerization, reshaping underwriting and claims processes.

🌍 19th Century: The Industrial Revolution saw a boom in life, accident, health, and property insurance. The world realized risk needed protective measures and mass adoption began.

🔥 Early 18th Century: Post the Great Fire of London, fire insurance took the spotlight. The devastation underscored the importance of protection.

🚢 Late 17th Century: The Coffee House of Edward Lloyd in London emerged as the nexus for marine insurance, eventually transforming into the renowned Lloyd's of London.

🛡️ Middle Ages (600-1300 AD): European merchants formed mutual guilds, pooling resources to protect against fires, shipwrecks, and theft. The foundational blocks of modern insurance.

📜 Ancient Times: The earliest form of insurance was "bottomry." Merchants received loans for shipping goods, agreeing to pay back more if the shipment arrived safely. The beginning of risk management.

🧵 In this thread, we're breaking down the history of insurance, how the concept evolved, and why Blockchain technology could disrupt everything! Let's dive into the past to understand the future 🔄🔍 #Blockchain #DeFi.