Insured Finance, an upcoming insurance marketplace based on blockchain-based technology, has now announced a partnership with GAINS Associates. This will help the GAINS users get insightful information about Insured Finance. GAINS has carved a distinct place for itself in informing users about promising projects in the blockchain technology domain. It runs several educational events through which information regarding various aspects of the companies and projects running in the open ledger domain can be obtained.
Insured Finance aims to present an alternative insurance marketplace for digital assets to help users overcome challenges related to the existing solutions available in the market. Most of the current service providers have their projects based on the Ethereum blockchain, and these solutions are not quite comprehensive in terms of their coverage.
Further, the cost associated with transactions on the Ethereum network has also become exorbitant of late. This means that having an insurance solution on the platform will be heavy on the pocket. Insured Finance aims to decrease the overall cost of insurance solutions by using the Polkadot blockchain.
In terms of community members, GAINS Associates has more than 10,000 active members on its platform. These members will get information about the intricacies involved in the blockchain-based insurance system besides learning about Insured Finance’s distinctive aspects. The expert team from the house of Insured Finance will interact with the GAINS community members. The mutual exchange of information and thoughts will help the segment post impressive growth figures once the platform is launched in the digital market space.