Nsure Network Partnership With Public To Provide Insurance To Users Fund
Nsure Labs is an open-source software development organisation building tools, products, and services for the decentralized finance (DeFi) ecosystem. It is a decentralized insurance platform that offer a cheaper and more efficient premium since the impact from internal costs is much lower
April 14, 2021— Nsure Network signed a partnership Public Mint, the first fiat-native blockchain-based payments platform and provider of EARN, the most user-friendly earnings solution.
The partnership was sealed with a Memorandum of Agreement that will serve to provide an additional layer of security to the user funds on the EARN program.
EARN is Public Mint’s yield aggregation platform, containing strategies that combine yield opportunities from both DeFi and more traditional cryptocurrency lending, commonly referred to as “CeFi” or centralized finance.
The EARN platform, which is slated to launch in Q3, 2021, is designed to be both fiat- and user-friendly, allowing non-crypto users to earn significant yield on their assets without exposing themselves to the complexities and volatility of cryptocurrencies using Public Mint app. Nsure Network is the second insurance partner chosen by Public Mint to further guarantee security of the funds on EARN.
“Safety of user funds is the most important metric for Public Mint’s EARN platform. We believe that our financial system can benefit greatly from more decentralization — not just in earnings portfolios, but also with insurance. By combining coverage providers, EARN doesn’t rely on a single point of failure. And by partnering with a decentralized platform like Nsure, we’re moving further towards this ethos.”~Paulo Rodrigues, CEO of Public Mint
ABOUT Nsure Network
Nsure is a decentralized insurance platform offering a marketplace to trade risk between individuals and entities wishing to outsource their risk exposure
ABOUT Public Mint
Public Mint is a complete platform for synthetic fiat that is fully collateralized, regulated and FDIC-insured. Public Mint offers an open fiat-native blockchain and APIs, ready for anyone to build fiat-native applications and accept credit cards, ACH, wire transfers, stablecoins and more.
