Etherisc onboards 17K Kenyan farmers covered by blockchain-based crop insurance By Cointelegraph

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Etherisc onboards 17K Kenyan farmers covered by blockchain-based crop insurance

Published Jul 21, 2021 07:00AM ET Updated Jul 21, 2021 08:40AM ET

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Etherisc onboards 17K Kenyan farmers covered by blockchain-based crop insurance

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An insurance collaboration between decentralized protocol Etherisc and microinsurance issuer ACRE Africa has allowed thousands of farmers in Kenya to receive coverage for weather-related risks.

Etherisc and ACRE Africa said they had processed insurance payouts for some of the more than 17,000 smallholder farmers in Kenya covered under the collaboration. The Chainlink Community Grant, the Ethereum Foundation and the Decentralized Insurance Foundation helped fund the project, which was first announced in November 202.

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Etherisc onboards 17K Kenyan farmers covered by blockchain-based crop insurance

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