Bridge Mutual (also known as Bridge) is a decentralized, discretionary insurance application. Bridge offers a decentralized, scalable, and comprehensive smart contract system that provides insurance for smart contracts, stablecoins, centralized exchanges, and other cryptographic and DeFi products.

Project Introduction

Bridge Mutual is a blockchain-based decentralized insurance platform that allows users to purchase and provide coverage against failures of smart contracts, stablecoin collapses, and attacks on trading platforms. Its platform does not require users to provide any form of identification, and all assets within the ecosystem are held in the form of smart contracts.

Decentralized
A distributed and discretionary underwriting application that enables users to “insure” each others risks.

Transparent
Blockchain-based transparent code. Claim evaluations and fund investments are on-chain and can be audited by the public.

Fair
All claims undergo a three-phase voting process enforced with rewards and penalties, ensuring a thorough process for each claim.

Disruptive
Bridge will revolutionize traditional insurance, which is unfair due to lack of transparency and misaligned incentive structures leading to litigation.

Efficient
Bridge operates more efficiently than traditional insurers, without needing branch offices, claims specialists, or agent work.

Swift
Claim processing and voting turnaround times are predictable, always within six weeks regardless of the claim size.