Solution: FIDA aims to achieve regulated status by complying with all requirements and for the regulator to be comfortable with the platform’s structure at policy through their sandbox environment.

Solution: We plan to integrate Atala Prism into our solution to provide on-chain proof of compliance for each participant in a given insurance policy contract on its respective jurisdiction.

Solution: Integrating on-chain and off-chain data as predictive tooling for risk score calculation addresses some of the challenges faced by both contract underwriters and insurance investors on the platform.

Solution: Integrating Oracle (Charlie3 or Wolfram), data in-place of the signed confirmation of policy claim validity for contracts removes friction and dispute costs from policy contracts.

Solution: Introduce collateral-based insurance contracts (FiDa cards) that facilitate risk diversification, trading, and unlock under-collateralization for all investors.

Creating an efficient marketplace.

Solution: Build the Fida (Re)Insurance Investment Marketplace where investors can manage their portfolios and trade fractionalized insurance risk contracts in order to maximize yield and risk diversification

Solution: By allowing Cardano wallets to interact with etherisc contracts on EVM chains, Fida is able to offer insurance agencies on those platforms through its collaboration with etherisc.

Solution: We will explore what a fully on-chain life insurance product will look like, from proof of life to proof of death. Insureds will have seamless transactions and a few clicks to get a simple life cover

Solution: Providing comprehensive coverage against scams and unforeseen risks while educating and empowering users to safeguard their assets by either NFT purchase or Staking.