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features
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support

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Write a Review

Description

Nexus Mutual harnesses the capabilities of Ethereum to enable individuals to collectively share risk, eliminating the need for traditional insurance companies. It provides coverage against potential vulnerabilities in smart contract code and events such as the DAO hack or issues with Parity multi-signature wallets. Governed entirely by its members, Nexus Mutual allows them to determine the validity of claims, with all decisions transparently recorded and enforced through smart contracts on the Ethereum public blockchain. It is important to note that Smart Contract Cover does not constitute an insurance contract; instead, it relies on fellow members to adjudicate claims. Payment for claims is driven by economic incentives linked to the token rather than trust in an insurance provider. The tokenization process allows for a scalable method of raising risk capital, with a model that promotes funding inflow only when necessary. Furthermore, the token's value is connected to both the mutual's adoption and its actual performance, distancing it from mere speculation and fostering a more stable ecosystem for participants. This innovative approach not only empowers members but also aligns their interests for mutual benefit.

Description

Cryptography has tapped into the hidden potential of the Internet, facilitating secure communication between parties that do not trust each other. Sia leverages this capability to establish a decentralized cloud storage marketplace where transactions occur directly between buyers and sellers. This innovative approach eliminates the need for intermediaries, transcends geographical limitations, prevents vendor lock-in, and safeguards privacy from surveillance and throttling. It represents a revival of the open Internet we cherished in the past, paving the way for a future that embraces freedom and autonomy in digital interactions. In this new paradigm, users can reclaim control over their data and storage solutions.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Authereum Yes 
Base App Yes 
Ethereum Yes 
Index Coop Yes 
Lattice1 Yes 
Ledger Yes 
MetaMask Yes 
Opera Yes 
RcloneView No 
Token Terminal Yes 
Torus Yes 
Trezor Yes 
WalletConnect Yes 
iTrust.Finance Yes 

Integrations

Authereum No 
Base App No 
Ethereum No 
Index Coop No 
Lattice1 No 
Ledger No 
MetaMask No 
Opera No 
RcloneView Yes 
Token Terminal No 
Torus No 
Trezor No 
WalletConnect No 
iTrust.Finance No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Nexus Mutual

Founded

2017

Country

United Kingdom

Website

nexusmutual.io

Vendor Details

Company Name

The Sia Foundation

Website

sia.tech/

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