What is Taka Chain

Connect the insurance to all Defi users
Taka Chain is a decentralised blockchain-based alternative to insurance that extend the idea from tranditional takaful insurance from islamic world.
All the insurance claim on Ethereum network will 100% decide by the community, and community sharing the risk for every single insured. Taka Chain uses the power of Ethereum smart contract so that users can share risk together without the need for an insurance company. The model of taka chain is fully owned by the community who also vote in governance as well as claims assessment.
Last modified 1yr ago