Award Applications

PolicyPal Network is the first to provide insurance to crypto space and it would bring more assurance and trust to the community for trading crypto and trading on that particular crypto exchange. Coverage: Network security liability - for hacked or compromised systems including denial of service attacks. Hacker theft cover - based upon the theft of funds.

Apart from offering the cryptoprotect insurance, we are building a decentralised insurance protocol and have lined up great partnerships with insurers and blockchain projects.

At the first stage of the launch, PolicyPal Network decentralised insurance protocol will be developed on the Ethereum Blockchain as a proof of concept. Following that, we will build and develop our very own PolicyPal Network Blockchain based off a private fork of Ethereum codebase which will be tailored for our insurance products across multiple markets. PolicyPal network will be integrated with our distribution partners and insurers which will be processing and owning the data of various countries' insurance premiums, claims ratio and demographic profiles.

Prominent investors/funds
- Blockasset, Globalbrain, Fenbushi, Youbi, BIC Korean, BlockWater, Rexford Ventures, Torque Capital Partners,
- https://medium.com/@policypalnet/new-additions-to-policypal-networks-solid-list-of-investor-backings-2961b8fc08c4