ChainSure

Insurance by the People, for the People

By BlackBallot

Why Chainsure?

• High cost of Policies by Corporates
• Complex Process
• Claim Rejections and Delays
• Limited Coverage
• Profit by denying care

• Mutual Insurance�Members insure each other directly.
• Community Owned: Funds managed by the people for the people.
• Shared Risks, shared Rewards�Losses and gains are shared
• Democratic Governance�Provide a simple unifying message for what is to come

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Chainsure Model

• AI for claim analysis�Processes claims using AI models.
• Automated fraud detection: Flags suspicious claims instantly..
• Document verification�Validates uploaded documents with AI.
• Instant decision-making�Approves or rejects claims in real time.

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AI-POWERED PROCESSING

• Smart contract automation: Executes rules
• Transparent operations: All actions are publicly verifiable.
• BSC for low costs & speed: Fast, affordable transactions on BSC.
• Immutable records: Claim and policy data can't be altered.

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BLOCKCHAIN NATIVE

• Underserved Segments: Health, vehicle, property, and gig workers lack affordable coverage
• Micro-Policies: Plans from ₹10/day tailored for gig workers, migrants, and low-income users.
• BSC for low costs & speed: Fast, affordable transactions on BSC.
• High Growth Potential: ₹25 lakh crore by 2030 (32.6% growth from 2025)

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Expansive Market Opportunity

• Strong Cooperative Legacy: cooperative models—dairy (Amul, Milma), banks, and farming collectives
• Kudumbashree Model (Kerala): Over 4.5 million women in self-help groups—ideal structure for trust-based, mutual micro-insurance.
• Built-in Trust & Participation: Cooperatives thrive on shared goals, making them perfect for Chainsure.
• ChainSure = Digital Cooperative Insurance: Bringing trusted cooperatives on-chain—AI-powered, transparent, and community-led..

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Community-Driven Culture in India

• Policyholder Transaction Fees: Minimal 2% fee is charged on premium payments to support platform sustainability and operations.
• Claim Verifier Gas Reimbursement: Gas fees are automatically paid to claim verifiers from the community pool, ensuring seamless and incentivized validation.
• Fixed Platform Developer Charges: Small fixed charge from each pool sustains backend infrastructure, updates, and developer support.
• ChainSure = Digital Cooperative Insurance: Bringing trusted cooperatives on-chain—AI-powered, transparent, and community-led..

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Business Model - Revenue & Operations

• Surplus Redistribution to Policyholders
• Transparent On-Chain Accounting: Every fund movement—claims, gas, earnings—is recorded.
• Liquidity Reserved for Claims: At least 60% of pooled funds are kept liquid to ensure fast payouts
• Decentralized Profit Governance: Policyholders vote on investment strategies, surplus thresholds, and fee models via the governance token.

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Business Model - Revenue & Operations

Voting System

• Two-Stage Voting Process� Random jurors cast initial votes (Approve / Partial / Reject), followed by peer review to endorse or flag decisions.�
• Weighted Consensus Mechanism� Votes are weighted by peer endorsements, voter reputation, and accuracy history, ensuring fair outcomes.�
• Dynamic Payout Structure� Payouts range from 0% to 100% based on approval scores, with proportional or goodwill payments for borderline cases.�
• Fair, Scalable & Transparent� All rationale is visible, reputation impacts influence, and randomized juries + smart contracts ensure unbiased, fast claims.

Thank You!