Decentralised insurance for peace of mind

Pixelette Technologies is a premier provider of decentralised insurance solutions. We are committed to using high-end technology to revolutionise the insurance industry. Our decentralised platforms create a more transparent, secure and efficient system for managing risk. By eliminating intermediaries and allowing clients to take control of their own insurance needs, we are able to significantly reduce costs and increase flexibility.

Features of our decentralised insurance platforms

The decentralised insurance platforms designed by Pixelette Technologies come standard with many features. This ensures that our clients and their users receive the best that blockchain technology has to offer. Here are some innovative features of our insurance platforms:

Secure and transparent transactions

Blockchain technology enables secure and transparent transactions by using a decentralised, distributed ledger system. This ensures that all transactions are recorded in a tamper-proof manner, providing a high level of security and trust in the system.

Elimination of intermediaries

Decentralised insurance platforms eliminate the need for intermediaries such as insurance brokers and agents. This allows clients to have more control over their insurance and reduces administrative costs.

Smart contract capabilities

Smart contracts are self-executing contracts that automatically enforce the terms of an agreement. This feature enables automatic execution of policy terms and claims processing, streamlining the process and reducing the need for manual intervention.

Increased security and privacy

Decentralised insurance platforms use encrypted data storage and two-factor authentication. This ensures that your personal information is kept private and secure.

Participation in the underwriting process

Decentralised platforms allow clients to participate in the underwriting process, giving them more control over their coverage and enabling them to make more informed decisions.

Reduced administrative costs

Pixelette Technologies’ decentralised platforms reduce administrative costs by automating many processes and eliminating intermediaries. This is usually accomplished through smart contracts.

Customised coverage options

Our developed decentralised platforms enable the creation of new insurance products and customised coverage options, allowing clients to find the coverage that best suits their needs.

Decentralised autonomous organization (DAO)

Decentralised insurance platforms may use a DAO to manage the insurance pool, which is a decentralised, autonomous organisation that operates based on smart contracts and community governance.

Transparency and traceability

Decentralised insurance platforms allow for transparency and traceability of claims and payments through the use of blockchain technology which enables all parties to view the claims and payments history in real-time.

Flexibility

Decentralised insurance platforms offer flexibility, allowing clients to purchase coverage on-demand and adjust their coverage as needed, which is particularly useful for the needs of small and medium-sized businesses.

Technological Foundation

Blockchain
technology platform

Technology
stack

Use cases for our decentralized
insurance platforms

As business involves taking risks, our decentralised insurance platforms can be suited to a variety
of different use cases. Popular use cases for our platforms include:

P2P insurance

Decentralised insurance platforms can facilitate peer-to-peer (P2P) insurance, where individuals can pool their funds to create their own insurance policies. This allows for more customised and cost-effective coverage options.

Micro-insurance

Another use case for decentralised platforms is that they can enable the development of microinsurance products. These provide coverage for low-income individuals and small businesses that may not have access to traditional insurance.

Supply chain insurance

The decentralised insurance platforms can be used to create insurance products for businesses, specifically for supply chain risks. This allows for more efficient and cost-effective coverage for businesses that rely on complex global supply chains.

Climate risk insurance

Our decentralised platforms can provide coverage for risks related to climate change, such as weather-related events, which is particularly useful for farmers and other individuals and businesses that are highly impacted by weather conditions

Cyber insurance

Pixelette Technologies' decentralised platforms can provide coverage for cyber risks, such as data breaches and hacking. This type of coverage is becoming increasingly important as the number of cyber attacks continues to rise.

Flight delay and cancellation insurance

Decentralised platforms can offer coverage for flight delays and cancellations, which is particularly useful for businesses that rely on air travel. The smart contract feature of the platform can automatically execute the policy terms in case of flight delays or cancellations, without the need for manual intervention.

Health insurance

The insurance platforms can enable the development of health insurance products, which can provide more affordable coverage options for individuals and businesses. A decentralised health insurance platform can provide a tamper-proof record of medical history and claims. This fortifies the security of personal information.

Automobile insurance

The decentralised platforms can be used to create insurance products for drivers, specifically for autonomous vehicles, which are becoming increasingly prevalent. The platform can use sensor data from the vehicle to automatically execute the policy terms, such as determining fault in case of an accident.

Disaster coverage

Decentralised insurance platforms can provide coverage for catastrophic events such as natural disasters, which can be particularly useful for high-risk areas. The platform can use weather data to automatically execute the policy terms, such as providing coverage for flood damage or wind damage.

Our decentralised insurance platform development process

Pixelette Technologies’ amazing attention to detail allows us to deliver the ideal decentralised insurance platform for our clients. We design and develop your platform through the following steps:

Research and analysis

Our first step in developing a decentralised insurance platform is to conduct thorough research and analysis of the insurance industry as well as the current trends. This includes identifying the challenges faced by the industry, as well as identifying potential opportunities for innovation.

Conceptualisation and design

Once research and analysis is completed, our next step is to conceptualise and design the platform. This includes defining the features and functionality of the platform, as well as the user experience. It also includes creating a technical architecture and design for the platform.

Development

After the design and architecture are finalised, we begin the development of the platform. This includes building the backend infrastructure, integrating blockchain technology and smart contract capabilities, and developing the user interface.

Testing and quality assurance

In this stage, we thoroughly test and quality assure the decentralised insurance platform to ensure that it functions as intended and meets the requirements defined during the conceptualisation and design phase.

Deployment

The Pixelette Technologies team deploys the decentralised insurance platform to a testnet or a mainnet. Now, the platform is made available to users because it has been launched publicly.

Maintenance and support

Once the platform is deployed, our expert team can provide ongoing maintenance and support to ensure that the insurance platform continues to function as intended. This allows any issues to be resolved in a timely manner.

Community building and engagement

Building a community around the platform is an important step, this will involve the engagement with the stakeholders, customers and the industry experts to help shape the platform in the best way possible and create a sense of ownership and participation among the users.

Auditing and reporting

Our team conducts regular audits of the decentralised investment fund and we report the fund's performance to the token holders. These audits provide an independent assessment of the fund's financial health and help to ensure that the fund is in compliance with all relevant laws and regulations, with transparency.

Continuous development

The development process for a decentralised investment fund is never truly finished. The company will continuously develop and improve the platform, to keep up with the market trends and demands. This can include adding new assets to the fund, updating the fund's investment strategy while implementing new technologies to improve the platform's functionality and security.

Why choose Pixelette Technologies?

We develop state-of-the-art decentralised insurance platforms that have our clients and their users protected from unfortunate circumstances. Here are some major reasons why we are the ideal choice of our international clients:

Experience and expertise

Our team has extensive experience in the insurance industry and in developing decentralised platforms. We have a deep understanding of the challenges faced by the industry and the opportunities for innovation.

Cutting-edge technology

We utilise the latest blockchain technology and smart contract capabilities to create a secure, transparent, and efficient platform. We also employ a variety of other technologies to provide a seamless user experience and to ensure scalability.

Customisation and flexibility

We understand that every client has unique needs, and we work closely with our clients to create customised solutions that meet their specific requirements. Our decentralised platform allows for flexibility and adaptability, enabling clients to make their own insurance decisions.

Cost
effective

By leveraging blockchain technology and smart contracts, we are able to reduce administrative costs and increase efficiency. This translates into cost savings for our clients.

Security and
privacy

We take security and privacy very seriously and employ the highest level of encryption to protect personal information. Our platform is designed to ensure that personal information is kept private and secure.

Community building and engagement

We believe in the power of community and strive to create a sense of ownership and participation among our clients and stakeholders. We engage with our clients and industry experts to shape the platform in the best way possible.

Scalability

As the platform grows, we will continue to scale the platform to accommodate the growing number of users and transactions. We employ measures to ensure that the platform can handle increased traffic and that it continues to function as intended.

Innovation

We are dedicated to innovation and constantly strive to create new insurance products and customised coverage options. We believe that our decentralised platform allows for more opportunities for innovation than traditional insurance models.

Transparency

Our platform is designed to provide transparency and traceability of claims and payments through the use of blockchain technology, which enables all parties to view the claims and payments history in real-time.

Ongoing support and maintenance

We provide ongoing support and maintenance to ensure that the platform continues to function as intended and that any issues are resolved in a timely manner.

Awards & Recognitions

Pixelette Technologies is ever-committed to the world of blockchain technology. Our outstanding blockchain solutions have won us many awards. Likewise, our decentralised insurance solutions are no exception.

What our clients have to say about us…..

Frequently asked questions (FAQs)

What is decentralized insurance?

Decentralised insurance refers to a type of insurance system that utilises blockchain technology to create a transparent, secure, and efficient platform for managing and distributing insurance policies. This allows for a more decentralised and autonomous approach to insurance, where policyholders have more control over their coverage and can more easily access the benefits they are entitled to.

How does decentralised insurance work?

Decentralised insurance works by creating a decentralised network of policyholders, insurers, and other stakeholders on a blockchain platform. This platform allows for the creation, distribution, and management of insurance policies in a transparent and secure manner. Policyholders can purchase coverage, submit claims, and access their policy information directly through the platform, without the need for intermediaries.

What are the benefits of decentralized insurance?

Decentralised insurance offers several benefits over traditional insurance systems, including increased transparency and security, reduced costs, and improved accessibility. Policyholders have more control over their coverage, can more easily access the benefits they are entitled to, and can trust that their information is secure and protected on the blockchain. Additionally, the decentralised nature of the platform can help to reduce costs and increase efficiency in the insurance industry.

How is our decentralised insurance solution different from traditional insurance?

Our decentralised insurance solution utilises blockchain technology to create a more transparent, secure, and efficient platform for managing and distributing insurance policies. This allows for a more decentralised and autonomous approach to insurance, where policyholders have more control over their coverage and can more easily access the benefits they are entitled to. Additionally, our platform eliminates the need for intermediaries, which can help to reduce costs and increase efficiency in the insurance industry.

How does our decentralised insurance solution protect policyholder data?

Our decentralised insurance solution utilises blockchain technology, which offers a high level of security and protection for policyholder data. Information is stored in a decentralised network of nodes, making it difficult for any single entity to access or manipulate the data. Additionally, data is encrypted and can only be accessed by authorised parties, ensuring that policyholder information remains private and secure.

How does the claim process work on our decentralised insurance platform?

On our decentralised insurance platform, policyholders can submit claims directly through the platform in a secure and transparent manner. Once a claim is submitted, it is reviewed by the insurer and the necessary documentation is verified using smart contracts. Once the claim is approved, the policyholder is able to access the benefits they are entitled to. This process is faster and more efficient than the traditional insurance claim process.

How can I purchase coverage on your decentralised insurance platform?

Purchasing coverage on our decentralised insurance platform is easy and straightforward. Policyholders can simply visit our website, create an account, and browse the available insurance policies. Once a policy is selected, policyholders can pay for the coverage using a variety of accepted payment methods and will receive an insurance policy on the blockchain.