Climate Resilience Micro-Insurance

A hyper-localized, community-based insurance system using blockchain technology for transparent and efficient claims processing, focusing on micro-insurance policies for essential assets and covering climate-related damages in underserved communities.

Future Scenarios that inspired this product idea

The insurance industry collapses in many regions due to the sheer volume of extreme weather-related claims, leading to a societal-wide crisis.

Extrapolated from COP29 Puts World on Course for More Extreme Weather – and More Deaths - Nakedcapitalism.com