Teambrella wants to solve some problems of the insurance industry by eliminating insurance companies. Utilizing smart contracts and cryptocurrencies the Russian developers have built a decentralized insurance platform. Now the first projects have launched, covering pets in South America and bicycles in the Netherlands. Due to the fees, the developers switched from Bitcoin to Ethereum. …
The post Teambrella, the first Insurance DAO, starts in South America and the Netherlands appeared first on Bitcoins Channel.