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: Create an innovative mutual insurance ecosystem on Cardano, providing comprehensive coverage against scams and unforeseen risks while educating and empowering users to safeguard their assets.

Solution: Catastrophes are borderless, and so is Cardano's outreach.

We'll bridge the gap globally with parametric insurance for the masses built on Cardano to improve the inefficiencies of the insurance market

Solution: Fida will build a Parametric Insurance platform for Howden on Cardano, automating policy processing and payments, with Charli3 Oracles providing data to eliminate manual verification steps.

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.