avatarDesiree Driesenaar

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Abstract

ive) we have so-called ‘Bread Funds’. It is local groups of 50 people saving every month and paying out when one of them becomes ill. It’s run by a bigger fund so the sister funds can help out if many people are ill in one fund.</p><p id=

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"e77c">It’s really a great system for freelancers like me. I could never afford insurance for long-term illness in the normal way, but this is cheap and very effective. And I really like the community-building aspect.</p></article></body>

Thanks, Joshua. I never knew insurance companies have so much power. But now that I think about it, I guess you’re right. Glad blockchain can give some solutions for this…

In Holland (where I live) we have so-called ‘Bread Funds’. It is local groups of 50 people saving every month and paying out when one of them becomes ill. It’s run by a bigger fund so the sister funds can help out if many people are ill in one fund.

It’s really a great system for freelancers like me. I could never afford insurance for long-term illness in the normal way, but this is cheap and very effective. And I really like the community-building aspect.

BlackLivesMatter
Smart Contracts
Insurance
Ethereum
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