Leveraging the blockchain technology, decentralized insurance has recently gained significant attention due to its advantages in energy efficiency, transparency, and scalability. In contrast to traditional insurance where the insurance company serves as the central entity, decentralized insurance utilizes the Proof-of-Stake (PoS) consensus for risk and claim assessment purposes.
In this project, we will explore the current decentralized insurance market, with an emphasis on the pricing and claim assessment mechanisms employed by the leading firms in the industry. The utilization of blockchain technology has facilitated the availability of public data for decentralized insurance platforms and cryptocurrency transactions, which provides us with unique research opportunities. By analyzing transaction data, we will investigate the behavioral patterns of these decentralized insurers, as well as the dynamics of demand and supply within the network.
Supervisors: Xiaochen Jing
Graduate Supervisor: Zhonghe Wan