Litentry and InsurAce Partners Up To Boost DeFi Insurance

Global Crypto News
Published on: 02.05.2021

A strategic partnership between DID aggregator Litentry and DeFi insurance protocol InsurAce will push the decentralized identity technology in the decentralized insurance use cases.

Collaboration includes Litentry’s DID technology to be integrated into InsurAce’ aggregation API and computation model to understand on-chain behaviors of insurance buyers and risk profile.

Litentry will also provide identity service to InsurAce that uses zero-knowledge proofs to verify the identity of its clients without compromsing privacy.

With this new partnership, Defi insurance just got more secure and better.

#SmartCrypto

 

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