'Now Is the Right Time for Entrepreneurs to Embrace Web 3.0' by API3DAO api3 web3
that previously were only provided by large corporations. By disintermediating unreliable middlemen and allowing users to interact directly and trustlessly, Web 3.0 offers enterprises and consumers alike an entirely new surface for applications that simply cannot exist on its prior iteration.
Transparency and verifiability may not seem immediately relevant, but their presence solves many problems for businesses that entrepreneurs may be unaware of. This can be applied to parametric insurance, too; when an insurable event occurs and predetermined conditions are met, a smart contract can trigger the appropriate benefit automatically. For example, a traveler who books a flight and buys flight insurance will receive an automatic payment in the event the flight is cancelled. No filling out additional forms, and no delays — a simple smart contract solution that removes the complexities of typical claims processes.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top 15 Ideas for React Apps that Web Devs Can Build in 2022 | Hacker Noon'Top 15 Ideas for React Apps that Web Devs Can Build in 2022' createareactapp webdevelopment
Read more »
TikTok Surpasses Google, Facebook As World’s Most Popular Web DomainInsights from Cloudflare Radar show the explosive growth and global popularity of the social platform.
Read more »
Top 15 Ideas for React Apps that Web Devs Can Build in 2022 | Hacker Noon'Top 15 Ideas for React Apps that Web Devs Can Build in 2022' createareactapp webdevelopment
Read more »
How United Nations Documents and Human Rights Websites Were Used in Spreading Malware | Hacker NoonThe Uyghurs, an ethnic minority in China have been targeted by fake human rights documents and websites intended to take advantage of their persecution in China
Read more »
NEAR Predictions: Creatives Ready to Level-UpHuge companies are creating virtual worlds built with rare digital items. Beyond debating whether the metaverse could exist, it's now: “Who minted your avatar?” The creative class refuses to be left behind. Sponsored content by NEARProtocol:
Read more »
Enabling Scientific Research and Analyses Through Automated ML | Hacker Noon'Enabling Scientific Research and Analyses Through Automated ML' startupsoftheyear machinelearning
Read more »