Recently, Etherisc
launched its blockchain-based flight insurance product,
FlightDelay, which uses
Chainlink Data Feeds to autonomously issue policies and execute payouts for travelers who experience flight delays or cancellations. By significantly reducing human and technical overhead, FlightDelay policies can save travelers (and airlines) time, money, and aggravation.
“We think it will be incredibly useful to show to the general public that is still largely unfamiliar with blockchain technology and smart contracts how blockchain technology can be used to solve problems in the real world, outside of the crypto-native space,” Etherisc co-founder Christoph Mussenbrock told Chainlink Today.