PolkaCover partners with Unmarshal
PolkaCover is ecstatic to announce the strategic partnership we have established with Unmarshal, a Multi-chain DeFi Data Network.
PolkaCover being the first aggregator for crypto and traditional insurance products, will leverage Unmarshal’s data indexing and Querying services. Additionally, it fetches data across multiple blockchains such as Polkadot, BSC, and Ethereum, supporting building our AI-powered smart contract covers.
The data support will provide better risk assessments on crypto insurance products resulting in better pricing to our users.
The availability of raw and unstructured on-chain data makes it tedious for decentralized applications to decode it into a structured format. With Unmarshal, the requested data is presented in a structured layout that is accurate, reliable, and valuable, allowing PolkaCover to focus on the application aspect.
The lack of interoperability is one of the significant limitations for DeFi adoption. PolkaCover employs Unmarshal’s distributed network of blockchain indexers, the availability of customized data from different chains will be uninterrupted and straightforward.
Comprehensive SAAS Solutions:
Unmarshal Network utilizes cutting-edge technological solutions that ease data access. Therefore, the infrastructure is not limited to APIs alone but involves projecting data into multiple formats such as GraphQL, WebSockets, and Notifications.
Automated indexing of on-chain data from multiple chains of DeFi protocols will allow PolkaCover to employ a cost-sharing model as per their needs to index new protocols and chains.
“We are excited to have Unmarshal on board to build up data integrity verification services which bring important and reliable data access to PolkaCover. Unmarshal tackles a crucial aspect of DeFi applications — blockchain data indexing. The tracking of the cross-chain connection is the first step to a long-lasting affiliation between the Unmarshal and PolkaCover.”
-Kunal Sadani, CEO of PolkaCover
“We’re delighted to associate with PolkaCover to serve their data needs from multi-chains. PolkaCover protects users against smart-contract exploitations, failures and breaches, safeguarding the DeFi Ecosystem and we’re happy to join forces in building a future proof insurance marketplace together.”
-Manohar Kolagondanahalli, CEO & Founder, Unmarshal
PolkaCover 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 for the crypto world.
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.
Unmarshal is a Multi-chain DeFi Data Network that facilitates seamless access to data on blockchains for any kind of decentralized applications.
To date, they have added support for Ethereum, Binance Smart Chain, PolkaDot, and Substrate-based projects such as StaFi and with Polygon, now diving into the Layer-2 networks and empowering dApp developers to have easy access to on-chain data.