Friday, November 22, 2024
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Etherisc onboards 17K Kenyan farmers covered by blockchain-based crop insurance

An insurance collaboration between decentralized protocol Etherisc and microinsurance issuer ACRE Africa has allowed thousands of farmers in Kenya to receive coverage for weather-related risks.Etherisc and ACRE Africa said they had processed insurance payouts for some of the more than 17,000 smallholder farmers in Kenya covered under the collaboration. The

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1inch Raises $12M to Keep Up With DeFi’s Growing Crop of DEX Aggregators

Decentralized exchange (DEX) aggregator 1inch has closed a $12 million funding round led by Pantera Capital. Other backers include ParaFi Capital, Nima Capital, LAUNCHub Ventures, Spark Capital, gumi Cryptos, Blockchain Capital and angel investors Josh Hannah, Kain Warwick and Alexander Pack.1inch plans to use the funds to build new products, CEO

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Etherisc to offer blockchain-based crop insurance to Kenyan farmers

Today the Chainlink Community Grant program announced funding for a low-cost insurance collaboration between Etherisc, a decentralized insurance protocol, and ACRE Africa, a microinsurance issuer focused on the second-most populous continent on the planet. According to an announcement from Chainlink, the project aims to build a blockchain-based insurance platform that delivers

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Inside the Ethereum Economy: Weird Defi and Bitcoin’s $1 Billion Crop

Ethereum’s highly anticipated 2.0 upgrade is poised to bring the network ever closer to fulfilling its original vision to be a “world computer” that plays host to a parallel, decentralized financial system. At invest: ethereum economy on Oct. 14, we will address the ramifications for investors as decentralized finance takes the

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Blockchain Startup Aims to Help Indian Farmers Get Fair Crop Prices

A blockchain-based agtech startup Agri10x has inked a partnership with the Indian government to help farmers sell their produce directly to buyers.According to a report published by local news outlet Business Standard, Agri10x will gain access to half a million government-affiliated common service centers that will help farmers in rural

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