CoverCompared Collaborates with Cere Network

3 min readApr 12, 2022

We are thrilled to welcome Cere Network into our partner ecosystem. A Decentralized Data Cloud (DDC) platform, Cere Network is pioneering decentralized data ownership across blockchain networks, by capturing user/app/NFT asset interactions that are individually signed and encrypted, along with potential value transfers, to be stored in a tamper-proof and time-capsule data scheme.

The Cere DDC establishes a secure first-party data foundation to onboard and segment consumer data. This data is then automated into highly customizable and interoperable virtual data sets, directly accessible by all business units.

CoverCompared x Cere Network

Blockchain technology is not only disrupting the finance world but also many other new systems and disciplines. Customer Relationship Management (CRM) being one of them, as it plays a key role for businesses to optimize the ways they interact with their customers. A relatively new area, CRM relies on data generated through B2C interactions.

Cloud-based CRM databases help companies maintain customer records and provide better services accordingly. Blockchain technology takes this one step further and adds the benefits of decentralization to CRM databases. Enhanced security, better transparency, and improved user privacy control are possible thanks to blockchain technology.

Supported by Binance Labs, Cere Network solutions capture the entire customer journey on the blockchain and store key user data such as purchases, achievements, and usage in the user wallet.

Through our collaboration, Cere Network users will be given a special discount code- CERE which grants a 10% discount on insurance purchases at the CoverCompared marketplace.

The first-ever DeFi platform to offer gasless insurance policies, we are more than delighted to help Cere Network users stay protected against smart contract-related risks. Our insurance offerings include health, life, travel, and electronic insurance alongside DeFi insurance.

CoverCompared shares Cere Network’s goal of providing users with more transparency and security through utilizing blockchain technology. In that regard, we believe more affordable and accessible insurance will significantly improve the overall sense of security.

About CoverCompared

CoverCompared is the First DeFi insurance marketplace for the global crypto ecosystem. We aim to lower transactional and administrative costs of insurance policies and coverage while providing high-value, cost-effective insurance products bought using a host of cryptocurrencies.

Our platform will be connecting users with multinational insurance providers for all global insurance products such as crypto-related protection, health, life, and travel policies. The platform will include a frictionless insurance marketplace experience that incorporates next-generation blockchain technology and tokenized incentives.

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About Cere Network

Cere Network is the first Decentralized Data Cloud (DDC) platform built on Substrate and Polygon. Cere is the first Web3 project that facilitates trustless cloud data storage, integration, and data collaboration across blockchain networks, as well as Web3 NFT, metaverse, and gaming content. Cere is backed by the world’s largest institutions and projects, including Binance Labs, Republic Labs, and Polygon.

More information about Cere Network:

Website | Telegram | Twitter | Linkedin |Reddit | Announcement channel | Cere Mainnet is LIVE




The First DeFi Insurance marketplace for the global crypto ecosystem