70  Blockchain

• Fidentiax: Fidentiax is a blockchain-based platform to trade insurance

policies. It was launched in 2018 with a brand name called ISLEY

(Your insurance buddy) for insurance policies. It allows customers

to store, view and receive alerts for their insurance portfolios. It also

allows the portfolio to be shared with designated loved ones to sup-

port beneficiary payout after death.

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⚬Website: https://www.fidentiax.com/isley-1

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⚬Technology used: Undisclosed

• Lemonade: Lemonade is a blockchain and artificial intelligence

(AI)-based platform to offer insurance to renters and homeowners.

Lemonade is operated in the USA to offer digital insurance for rent-

ers and homeowners with a simple and automated process to buy

insurance policies online and also settle claims in minutes through

their online AI and a blockchain-based platform. Lemonade also has

a presence in some of the European countries and has an expansion

plan to increase its presence in Europe.

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⚬Website: https://www.lemonade.com/

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⚬Technology used: Undisclosed

• Black: Black.Insure provides a platform as a service offering to insurance

players with multiple unique features including creating and managing

their risk portfolio, processing claims, generating insurance premiums

and underwriting real-time using machine learning technology.

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⚬Website: https://black.insure

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⚬Technology used: Undisclosed

• Etherisc: Etherisc is a blockchain-based platform offering multiple

insurance products and solutions. Its motto is to make insurance

fair and accessible to anyone. Some of the products being offered by

Etherisc technology solutions are

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⚬Crop insurance – Live

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⚬Flight delay insurance – Live

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⚬Hurricane protection – In progress

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⚬Crypto wallet insurance – In progress

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⚬Collateral protection for crypto-backed loans – In progress

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⚬Social insurance – In progress

Some of the products listed above are live and others are being

designed. Another unique feature of Etherisc is that they are commu-

nity driven as well. Anyone can request a new product if it does not

exist in their portfolio yet.

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⚬Website: https://etherisc.com/

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⚬Technology used: Ethereum

Supply chain

In simple and layman’s terms, a supply chain is all about producing a prod-

uct by suppliers and then distributing the final product to the buyer/cus-

tomer. Obviously, there are multiple parties and processes involved during