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Chainproof logo — Regulated cyber-insurance for non-custodial smart contracts

Chainproof

Regulated cyber-insurance for non-custodial smart contracts

Founded 2021 Bermuda Bermuda 8 employees Insurance, Privacy and Security

General Information

Company Name Chainproof
Founded Year 2021
Location Bermuda Bermuda +1
Employees 8
Industries Insurance, Privacy and Security
Social

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About Chainproof

Chainproof is disrupting the insurance industry with its innovative approach to offering regulated cyber-insurance for non-custodial smart contracts. Established in 2021 and headquartered in Bermuda, the startup provides insurance policies to institutional investors who utilize decentralized applications (dApps) like Decentralized Finance (DeFi) platforms and NFTs. What sets Chainproof apart is its bundled real-time monitoring and alerting service, which ensures that policyholders are promptly notified and guided on how to mitigate losses in the event of a hack. This unique value proposition has garnered significant attention, especially due to Chainproof being a subsidiary of Quantstamp, a renowned leader in blockchain and smart contract security. As the first of its kind, Chainproof's entrance into the market demonstrates its potential for growth and disruption within the insurance sector. Overall, Chainproof's integration of insurance and cybersecurity measures caters to the evolving needs of the blockchain and DeFi space, positioning the company favorably for potential investment and industry impact.

Taxonomy: Regulated cyber-insurance, Non-custodial smart contracts, Blockchain security, Decentralized applications, Insurtech, DeFi platforms, NFTs, Real-time monitoring, Alerting service, Asset protection, Proof-of-stake, Quantstamp, Data security, Risk management

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FAQ About Chainproof

Regulated cyber-insurance for non-custodial smart contracts
Chainproof was founded in 2021.
Chainproof is headquartered in Bermuda.
Chainproof operates in the following industries: Insurance, Privacy and Security.
Chainproof has approximately 8 employees.
Top alternatives and competitors to Chainproof include Alter, Coinspect Security, Ambisafe, Vulcan Link, WeFuzz. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Chainproof and Alter are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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