3 ms·
> Would it help if I said that the hardest part is creating a way to get the weather data on chain that the buyer and seller can agree on ahead of time? > My
by danans 5y ago
> Would it help if I said that the hardest part is creating a way to get the weather data on chain that the buyer and seller can agree on ahead of time?
> My point is that the infrastructure needed to get clean and honest weather data on to the chain (which requires human inputs) is much smaller than the entire infrastructure needed to administer weather insurance
Is "much smaller" infrastructure on a different dimension than the "hardest part" of the problem? If so, what dimensions are those?
If not, how can the trust/agreement part be both "much smaller" and also the "hardest", especially given that it requires human inputs, especially human driven systems for routinely validating the process (AKA audits), and adjudicating inevitable claims of breaches of the agreement (AKA the courts).
- thebean11 5y agoIt's the hardest part compared to the rest of the blockchain solution. The "easy" onchain-only part replaces a vast amount of infrastructure that would exist in an insurance company.