Insured Finance is an upcoming and innovative player in the Decentralised Finance (DeFi) space. On the Insured Finance platform, people can insure their assets on exchanges, within smart contracts or in stable tokens. Insured Finance takes a rather different approach compared to the rest of the market since the entire platform relies on decentralised technologies and all insurances are 100% peer to peer. As a consequence, there is no centralized vault or other single point of failure within the system.
What we did
Together with the Insured Finance team we take care of the design and technological development of the platform. From the early conceptual phase, to smart contract development and everything in between.
One of the challenges with working with upcoming technologies is to select the right stack. The trick is to select innovative technologies that are ahead of their time, but also ready to be used in production. For Insured Finance we use Polygon (as it provides an answer to some of the scaling challenges Ethereum faces), Solidity, C++/Rust, the Graph, Ether.js and Chainlink (as a price Oracle and verifiable RNG).