Spent the afternoon brainstorming about combining parametric insurance with Nostr and Zaps. 🤔
Key concept: Using DeFi-style liquidity pools on Nostr for parametric insurance products.
Potential benefits:
- Instant, automated payouts for policyholders
- New investment opportunities for liquidity providers
- Leveraging Nostr for transparency and Zaps for efficient payments
Still pondering:
1. Technical challenges of integrating Nostr, smart contracts, and Zaps
2. Regulatory implications in different jurisdictions
3. Scalability to various types of insurable events
I'll try to ship an mvp
#NostrInsurance #Parametric
