3.2.7 Candao Insurance

Contracts & agreements were never brought on-chain because of the lack of trust. What happens when the contract is not fulfilled? What if the second party won't get paid? For some, the risk bar is too high. Solving that problem is the exact role of Candao Insurance, providing on-chain / off-chain in-depth data analysis.

Contract management is organized within a DAO. On top of that, it's combined with liquidity providing mechanisms, so the users on both sides do not have to worry about LP. The operations are run on the blockchain, so the algorithm always makes sure if a certain user can execute or start the contract, or not. Welcome to the world of transparency.

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