About the Core Smart Contracts category

The Generic Insurance Framework (GIF, or simply “the framework”) is a part of the platform for insurance product builders, which helps them develop decentralized insurance apps. The GIF consists of a collection of smart contracts (the “core (smart) contracts”) on the one side and a collection of microservices to operate these smart contracts on the other side.
The core contracts support the whole lifecycle of a policy, giving all involved parties a full audit trail of all legally relevant steps and events. It connects products with oracles, and maintains ledgers to keep track of funds and enables staking and economic incentives.
Here we discuss the structure of the core smart contracts and its applications.