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Bridge Mutual (aka Bridge) is a decentralized, discretionary insurance application. Bridge provides a decentralized, scalable, and comprehensive smart contract system that insures smart contracts, stablecoins, centralized exchanges, and other crypto and DeFi products.
Bridge Mutual is a blockchain-based decentralized insurance platform that allows users to purchase and provide protection against smart contract failures, stablecoin crashes, trading platform attacks, etc. Its platform does not require users to provide any form of identification, and all assets in the ecosystem are held in the form of smart contracts.
Decentralized
A decentralized and discretionary underwriting application that lets users "insure" each other against risk.
Transparent
Blockchain-based transparent code. Both claims assessment and funding investment are on-chain and can be audited by the public.
Fair
All claims go through a 3-stage voting process, enforced with rewards and penalties, ensuring a thorough process for each claim.
Disruptive
Bridge will revolutionize the unfairness and litigation caused by the lack of transparency and misaligned incentives in traditional insurance.
Efficient
Bridge is more efficient than traditional insurance companies, and does not need branches, claims experts, and agents to work.
FAST
Claims and voting turnaround times are predictable, always within 6 weeks, regardless of claim size.