Emerging Field Of Decentralized Insurance
ShapeShift, an international, non-custodial cryptocurrency leader, released a new report in their "New Frontiers" series called "Spreading the Risk: Decentralized Insurance." Each month, more money is locked into decentralized finance (DeFi) vehicles; and while many of these vehicles provide returns that outpace traditional finance avenues, there is an undeniable level of risk inherent in these irreversible transactions and emerging projects. The report reviews two emerging decentralized applications (which are not affiliated with ShapeShift): Nexus Mutual and Cover Protocol, insurance vehicles created to help limit downside exposure to risk, as well as the potential downside of the insurance applications themselves. It also takes a forward-looking view into other projects to watch in the future.
"DeFi is gaining momentum, and we think that is an extremely positive trend," said Kent Barton, head of research and development of ShapeShift and author of the report. "The decentralized, community aspect of DeFi has meant that it lacks many of the risk reduction features of traditional financial avenues. However, the DeFi community itself is coming to the rescue by creating a decentralized solution. It's an emerging field that is worth continuing to watch."
RESOURCE: Download New Frontiers—Spreading the Risk: Decentralized Insurance
About ShapeShift
Since 2014, ShapeShift has been pioneering self-custody for digital asset trading. The company's web and mobile platforms allow users around the world to safely buy, hold, trade and interact with digital asset platforms such as Bitcoin and Ethereum.
Learn more at ShapeShift.com.
What KXCO Is, and Why the Hard Problem Was Never Intelligence
The prevailing enthusiasm assumes the hard problem is intelligence. It is not. It is that banks, hospitals, courts and governments are being asked to let software act on their behalf with no way to establish who decided, on what basis, or whether the record will still read in a decade. KXCO founder Shayne Heffernan sets out the architecture that answers those questions, drawn as a graph, and argues that properly constructed AI is an amplifier of human judgement rather than a replacement for it.
AI Intelligence Scales. Accountability Does Not. Why KXCO Is Built for It.
Capability is becoming abundant and everything abundant gets cheap. What does not get cheap is the person who has to sign, and they can only carry what they can see. Four conditions follow from that, and four independent authorities reached the first of them last month without knowing it.
AI is the Neat Handwriting of the Illiterate
A model in the hands of someone who has read the filing and walked the plant is a clerk. The same model, speaking for someone who has done neither, is a disguise. On AI slop, phantom citations and factslop, why finish stopped being evidence of work, and the containment layer KXCO built so a machine cannot speak as the institution until a source is attached.
Worthship: Do Not Conform to the Age
Worthship is the older English word for worship, and it means to ascribe worth. Bishop Robert Barron preached Romans 12 on 30 August. This essay follows the text into the prison letters, and puts two questions to a graph: do the four readings of that Sunday agree, and was Paul free or in chains when he wrote about despair?
Every story, signed and delivered.
Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.