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I do not want my payouts to be legal coins or other tokens.
Only RSCs or tokens to be converted in the future should be possible.
Combine RSC or other tokens to pay later in a different currency
No one will use RSC.
The public is using familiar things.
This greatly reduces the frequency of use of RSC or tokens to be converted and can not exercise the force of the token value.
@AiL9NJxjWsGcwD3_twitter Thank you for sharing your thoughts here. I agree that the usage of the token highly correlates with its value, and using our own token for payments is a good idea to align incentives and create value for token holders.
first, we need to have premiums and payouts in the same currency, if we can do ERC-20 tokens, we can do all tokens, we can also restrict payments to a certain token in the contract. we could of course use RSC, but are in fact very reluctant to use RSC for anything else, because we have very limited control over the token contract and would rather abandon the RSC token after DIP token generation. Using DIP for insurance payments is definitely a good idea, increases the value of DIP, and on our roadmap!
At the end of this year, let’s recap one of the remarkable moments of 2017 for Etherisc and for the decentralized insurance community – D1Conf. There is a series of blog posts for you to read during these long holidays. Enjoy reading and may our next year be full of new interesting events, projects, and cases in decentralized insurance! Happy Holidays and Stay Decentralized in 2018!
Building Protocols for Decentralized Insurance with Christoph Mussenbrock, co-founder of Etherisc
The Challenge of Feeding Authentic Data into Decentralized Apps covered by Thomas Bertani of Oraclize
Hugh Karp of Nexus Mutual calling up to Bring Mutuality Back to Insurance
Stefan George of Gnosis explained how to Create Prediction Markets for Decentralized Insurance Applications.
Insightful panel “Do Decentralized Insurance and Prediction Markets Go Together?” with Ron Bernstein of Augment Partners, Jack Peterson of Augur, and Martin Köppelmann of Gnosis
Abaris Global’s J.P. Schmidt talks about Insurance Regulations in Blockchain
Risk Pool Tokens as a Source of Capital brought out by Stephan Karpischek, Co-Founder of Etherisc