Ethereum

Dynamis Creating Ethereum-Based DAO for Distributed P2P Insurance

Dynamis is a Ethereum-based decentralized application (DApp) being developed for provision of peer-to-peer (P2P) insurance. The developer of the DApp hopes to create a decentralized autonomous organization (DAO) that meets policy holders’ needs in new ways and evolves with them, providing consensus mechanisms, transparency, auditability, and operating only in the interest of its policy holders.

The first service is supplementary unemployment insurance, with which small business can provide severance coverage for layoffs and when the employee resigns. Each employee would have a Dynamis account, the company pays premiums into a smart contract, and if there are no claims, over time the premiums would go down. The employee later receives payouts while looking for a new job, and take the policy to the new employer.

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Janina, also known as "Blockchain Girl" , has worked for a few blockchain startups since April 2014 and is also involved in the Digital Catapult. She has an M.Sc Management from BPP University with distinction & CMI award. Her longest involvement is in Bitnation where she is a co-founder and holder of the first blockchain ID.
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