Risk Harbor
Risk Harbor is a Web3-related organization that operates as an insurance protocol. It utilizes algorithms to function, which provides transparency and impartiality in its operations. The protocol is designed to eliminate the need for trusted intermediaries, streamlining the insurance process.\n\nThe use of algorithms in Risk Harbor%27s operations ensures decisions are made based on data, not human bias, contributing to the fairness of the protocol. This automated decision-making process also lends itself to transparency. All the steps and reasons for decisions are clear and open to scrutiny, promoting accountability.\n\nFurthermore, Risk Harbor%27s protocol removes the need for trusted intermediaries in the insurance process. This means that users can access insurance services directly, without having to go through third parties. The removal of these intermediaries can simplify the insurance process, potentially making it quicker and more efficient.\n\nIn sum, Risk Harbor is a protocol offering a new, streamlined approach to insurance. The use of algorithmic decision-making enhances transparency and impartiality, while the elimination of trusted intermediaries simplifies the insurance process.
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Key Info
- 2020 Founded
- 3.25M Total Funding Raised
- United States
- 6 Employees
- •••••••••
Credibility
LinkedIn Verified
News
There are no recent news for this organization.
Activity Timeline
Jun 24, 2021
Team
Investments
Round | Amount Raised | Date | Investors |
---|---|---|---|
Seed | Raised $3,250,000 | Jun 24, 2021 |