Spent the afternoon brainstorming about combining parametric insurance with Nostr and Zaps. 🤔
Key concept: Using DeFi-style liquidity pools on Nostr for parametric insurance products.
Potential benefits:
- Instant, automated payouts for policyholders
- New investment opportunities for liquidity providers
- Leveraging Nostr for transparency and Zaps for efficient payments
Still pondering:
1. Technical challenges of integrating Nostr, smart contracts, and Zaps
2. Regulatory implications in different jurisdictions
3. Scalability to various types of insurable events
I'll try to ship an mvp
#NostrInsurance #Parametric
BarbaryChaos 🌊
npub1h7…zxxjk
2024-08-30 10:33:20
Author Public Key
npub1h7hawnagnvfwre6xysmzdxtr90mddsgxmruss9fy0gxkad06gegsvzxxjkPublished at
2024-08-30 10:33:20Event JSON
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"content": "Spent the afternoon brainstorming about combining parametric insurance with Nostr and Zaps. 🤔\n\nKey concept: Using DeFi-style liquidity pools on Nostr for parametric insurance products.\n\nPotential benefits:\n- Instant, automated payouts for policyholders\n- New investment opportunities for liquidity providers\n- Leveraging Nostr for transparency and Zaps for efficient payments\n\nStill pondering:\n1. Technical challenges of integrating Nostr, smart contracts, and Zaps\n2. Regulatory implications in different jurisdictions\n3. Scalability to various types of insurable events\n\nI'll try to ship an mvp\n\n#NostrInsurance #Parametric",
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}