Verida and Nimble Partner to Implement Decentralized Insurance Protocol
Verida is excited to announce a partnership with Nimble to strengthen the Nimble decentralized insurance protocol and platform leveraging the Algorand blockchain.
Nimble will build their decentralized and democratized insurance platform in conjunction with Verida, which will provide decentralized identity, trusted storage, private data ownership, and decentralized messaging for Nimble community members on the Algorand blockchain.
About Nimble
Nimble is a global decentralized insurance company that is building and deploying Web3.0 and blockchain tools and technology to power the community-centric future of efficient and equitable insurance processes. Nimble has developed a system that decentralizes all aspects of the insurance for multi-party participation and secure, consensual, risk participation.
About Verida
Verida is a network of personal data owned and controlled by users, incentivizing them to unlock their data stored on centralized platforms. Builders access this data for new exciting use cases such as trusted storage, decentralized messaging and single sign-on. User’s private data can be input into smart contracts, enabling connectivity to multiple blockchains.
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