7Block Labs’ Exploration of Decentralized Insurance Trends

Decentralized insurance is really changing the game in finance, and 7Block Labs is all in on this exciting trend! Alright, let's dive into what's going on!

What’s Decentralized Insurance All About?

Decentralized insurance is pretty cool because it leverages blockchain technology to provide insurance products without relying on those traditional middlemen. It's really going to shake up the insurance world by bringing in more transparency, efficiency, and a focus on what users actually need. So, here’s the scoop on why it’s really starting to take off:

• Transparency: With smart contracts on the blockchain, claims get automatically processed when certain conditions are met. It’s like having a no-nonsense approach that skips all the unnecessary hassle!
• Lower Costs: Cutting out the middlemen can really help bring down costs for everyone involved, from service providers to policyholders.
• Accessibility: If you've got internet access, you're good to go! It doesn’t matter where you are; you can still get coverage without any geographical hurdles.

Key Trends We're Noticing

As 7Block Labs dives deeper into this area, we’re starting to notice a few trends that really catch our eye:

1. Rise of Peer-to-Peer Insurance Models

More and more people are coming together to start their own peer-to-peer insurance groups. They come together, share what they have, and lighten the load of risks. This teamwork not only helps keep their insurance premiums lower but also strengthens the bonds within the community.

2. Customized Policies

Thanks to decentralized platforms, you can now whip up insurance policies that are tailored just for you. How cool is that? Forget those one-size-fits-all plans! You’ll get coverage that’s made just for you.

3. Integration with DeFi

Decentralized finance, or DeFi for short, is beginning to team up with decentralized insurance, and it’s pretty exciting! With this combo, users might find new ways to handle both risk and liquidity simultaneously. It’s like giving insurance a whole new level of flexibility!

Challenges on the Horizon

Sure, it’s not always a walk in the park. Let’s take a look at some of the challenges that decentralized insurance is dealing with right now:

• Regulatory Concerns: You know how it goes with anything blockchain-related--regulators are still trying to wrap their heads around how to deal with decentralized insurance.
• User Education: Many people interested in decentralized insurance aren't quite clear on how it all works. This lack of understanding can really hold back how quickly they get on board.
• Smart Contract Risks: You know, if there are bugs in smart contracts, it can cause some pretty surprising problems down the line. That’s why it’s really important for developers to keep their eyes peeled and be extra cautious!

Conclusion

Decentralized insurance is such an exciting area to dive into, and honestly, we at 7Block Labs couldn't be more pumped to be involved! We're keeping an eye on these trends and challenges because we want to help make the insurance world a lot more efficient and accessible for everyone. Keep an eye out for more updates as we move forward on this exciting journey!

Pain Points in Your Engineering Team's Journey

It's awesome that your engineering team can create a prototype for a parametric contract so quickly. But let me tell you, taking that next step through procurement or production is a completely different challenge! So, we’ve been hitting a few technical bumps in the road. Here’s a rundown of what’s been tripping us up:

• Oracle Risk and Data Provenance: It's a common question we hear: "What sets off the payout, and how can we keep track of it?" Sure, your prototype may handle a single API just fine, but procurement is really after something more robust. They're looking for a mix of different data sources that are not only verifiable but also come with privacy safeguards and built-in circuit breakers.
• Compliance Drift: Looks like the Solvency II rules are getting a bit of a refresh! EIOPA has proposed a one-to-one capital charge for crypto assets. Your CFO is definitely going to be hesitant about signing off on any pilot programs that could throw a wrench in the balance sheet.
• Data Privacy: It’s pretty obvious that having IoT/EO data is super helpful for making claims decisions. However, your legal team is a bit uneasy about storing sensitive information on the blockchain. They're pushing for a DECO/Privacy Standard approach instead of just leaning on "screenshots stored in a Google Drive." ”.
• Cross-Chain Execution Risk: So, your products could end up running on Base, Solana, or Ethereum, right? Well, legal and risk teams are really pushing for some assurance here. They want to make sure that there's a solid settlement finality in place and a reliable way to handle things if those bridges or oracles decide to take a break.
• Auditability and Controls: You’ll definitely want to have those on-chain immutable audit logs, plus some off-chain trails that hit the SOC2 or ISO 27001 standards. Make sure everything is linked to role-based controls and UUPS upgrade procedures. Trust me, you don’t want to rely on a simple “admin key in a multisig” setup. It’s way too risky! Oh, and just so you know, 7Block has your back when it comes to this! ).

Meanwhile, the Market is Moving Fast

• Regulated On-Chain Reinsurance: Check out companies like OnRe, which used to go by Nayms. They're actually up and running, offering structured yields that are tied to real-world reinsurance portfolios. It's pretty cool to see how this space is evolving! They've rolled out sUSDe on Solana and are now sharing independent NAV attestations. Stakeholders are counting on your team to step up and either help out with extra capacity or stay competitive.
• New On-Chain Yield Products Launched: Re Protocol just introduced some exciting new on-chain yield products! This has really sparked conversations about reinsurance capacity in treasury committees.
• Fast Payouts with Parametric Programs: Just recently, Arbol managed to dish out nearly $20 million in payouts for named storms, and they did it all within just 30 days of the storms hitting land. Pretty impressive, right? Your board is definitely going to be curious about why those catastrophe riders are still taking so long to wrap up.

The Real Risk Isn’t Just Missing Crypto Innovation

Let’s be real: the real danger isn’t just about missing out on the latest crypto trends. What really stinks is missing out on your renewal window and missing those Loss Adjustment Expenses (LAE).

Hey, just a heads up! If you miss those important renewal dates--like January 1 and June 1--because you can’t prove trigger verifiability, maintain privacy, or show that you have good controls in place, don’t be too shocked if your pilot project gets delayed for another year. It’s one of those things that can really set you back! In the meantime, your competitors will be eagerly grabbing up capacity on those on-chain systems.

So, EIOPA dropped some advice on March 27, 2025, saying that crypto needs to be backed by 100% capital. What this means for you is that if your treasury setup isn’t exactly squeaky clean, it might throw a wrench in how your capital gets handled--this applies even to those straightforward parametric programs. Just a heads-up to keep your finances in order! It's really important to make sure that any crypto investments you have are kept separate from your insurance liabilities.

Oh, and we can't overlook the whole claims optics thing! Recent data from the US and UK highlights that major, eye-catching claims are definitely on the upswing. We’re talking about hefty lightning losses exceeding $1 billion and a spike in travel payouts. It's getting pretty noticeable! If your cycle time stretches out for weeks while your competitors are handing out payouts in just a few days, you can definitely expect to see some noticeable churn in important areas.

• Basis risk is definitely going to be a big topic in RFPs. Regulators and counterparties are getting pretty savvy with their calculations, using things like expectiles to really take a closer look at how you've designed your index. If you can’t get a handle on basis risk and explain it clearly, you might end up slowing down your procurement process significantly.

7Block Labs’ “Parametric-in-Production” Playbook for Enterprise (90 Days to Decision-Grade Evidence)

Here at 7Block Labs, we believe in kicking things off from the business perspective and then figuring out the rest from there. We're really honing in on some important areas like Solvency II/RBC, data privacy, and procurement. Once we’ve got those constraints figured out, we jump into setting up the oracles and proof systems, along with Solidity. We make sure everything meets the standards of a bank-grade vendor review. It’s a bit of a process, but we want to ensure everything's rock solid!

1) Governance, Risk, and Compliance (Week 0-2)

Deliverables:

• Threat Model + Controls Matrix: We're going to put together a detailed threat model and a controls matrix that lines up perfectly with SOC2 Type II and ISO 27001 Annex A. We'll dive into some important topics, including management, how we handle change, and our operational playbooks.
• Treasury Isolation Memo: In this memo, we'll go over how we can effectively separate any on-chain collateral from the (re)insurer's balance sheet. This lets us avoid those annoying 100% Solvency II crypto fees. Just to keep things clear, we're sticking to using stablecoins for our settlements and fiat transactions, and we'll be doing this with on-chain attestations.
• Incident Runbooks: We're going to create some handy runbooks to address possible hiccups like Oracle stalls, chain reorganizations, and bridge outages.
  We'll be laying out some straightforward backup plans and pause policies.

Why It Matters:

Having these compliance documents ready means you’re walking into InfoSec and procurement with all your ducks in a row. Also, the legal team’s going to love checking out a privacy setup that’s DPA-ready and uses the Chainlink Privacy Standard/DECO for handling off-chain data. It’s definitely a win-win!

2) Trigger Architecture with Verifiable Data and Privacy (Week 1-4)

• Technical Spec:
• Main Oracle: We're teaming up with Chainlink for our weather updates, flight info, and market data. Plus, we're also setting up some on-chain "Proof-of-Reserve" checks to keep everything secure. If the reserve or state starts to wander too far from what's considered okay, our circuit breakers will kick in to temporarily pause any payouts.
• Confidential Data Ingestion: We’re going to use DECO proofs to handle private data that we get from TLS, like our own unique models and top-notch APIs. This way, we can make sure that the threshold conditions are met without exposing any raw values.
• Earth Observation: We're diving into some cool stuff by combining NASA's IMERG precipitation data with the Copernicus Sentinel-2 datasets that focus on wildfires and how intense the burns are.
  We'll set this up with a signed attestation pipeline, so we can keep track of all the ETL steps on-chain. This way, everything's transparent and easily auditable.
• Attestations: We're keeping track of claims and inspection events as EAS attestations. This means we’ll be using EIP-712 typed data along with the EAS schema. This lets us build evidence trails that you can independently verify, and they’re tough enough to hold up even if things get shaken up.

3) Solidity You Can Present to an Auditor (Weeks 2-6)

• Contract Design: We're going to use a UUPS proxy setup that includes AccessControl roles. So, the payout process is going to rely on a mix of an oracle quorum and some DECO proof verification. We're rolling out some cool features like time-locked upgrades and an emergency stop option too! For the basis risk shim, we're introducing a flexible payout curve, kind of like a piecewise or expectile approach. This method really helps reduce cliff effects and is in line with the most recent advice coming from academic research. When it comes to gas usage, we’re getting pretty creative. We’re all about those smart patterns--like using immutable configurations, packing our storage efficiently, and prioritizing event-first logging to help with off-chain analytics. On top of that, it's super optimized for Layer 2 deployment, really honing in on reducing calldata.
• Security: We're getting ahead of the game by doing pre-commit audits and differential fuzzing. Hey there! We've got the SWC coverage report along with some detailed specs that really get into the nitty-gritty of the trigger math and how the withdrawal and circuit-breaker logic work. Hey, if you're after some extra peace of mind, we can totally connect with a third-party audit--kind of like what iosiro does with their detailed approach. It'll definitely help us satisfy your procurement requirements! Hey, just wanted to give you a quick heads up! Nexus Mutual's latest audit schedule might be a great reference point for your program office. You might find it pretty useful!
• Where We Build: We're diving right into Layer 2! Think of it like using Base to tackle travel plans and those pesky flight delays. Just so you know, Etherisc has rolled out a flight delay solution that settles in USDC on the Base platform, and it’s been a success! We'll be using CCIP Private Tx for cross-chain distribution, which is a great way to keep our sensitive info away from the public mempools. It's a smart move to ensure our data stays secure!

4) Cross-chain Distribution and Reinsurance Capacity (Week 4-8)

• Distribution Rails: We're all about using CCIP and aiming for a bridge-agnostic way to settle things, with some clear finality windows. If we run into any problems with the oracle consensus, don’t worry--we’ll switch to delayed settlement. Plus, we’ve already got some agreed-upon payout SLAs spelled out in the policy wording.
• Capacity Options: We’re only going to tap into on-chain reinsurance options that meet compliance standards--like OnRe’s licensed setups or Re’s Avalanche products. We'll also keep track of our reserves and NAV attestations for the treasury.
  Hey, just a heads up--this section is optional and doesn't really connect to the main product risk when it comes to following the Solvency II rules.
• Emerging Layers: Hey, have you heard about some cool stuff happening with restaking-backed reinsurance? For instance, Nexus Mutual just teamed up with Symbiotic, and it’s pretty exciting! So, we’ll be rolling this out with a capability flag for now, just until your risk team gives us the thumbs up with their approval.

5) ZK: Cutting Down on Procurement Friction (Weeks 6-10)

• Real Use Cases, No Hype:
• Underwriting with Private Features: Picture this: you could check if someone’s “risk score” meets a certain threshold without having to disclose any personal health details or identifiable information. Pretty neat, right? We can totally handle this with either DECO or ZK attestations. On top of that, we’ve really made some great strides in validating ZK source-mapping within zkEVM toolchains. This is a game changer for audits, making them way easier to handle.
• Cross-Chain Proofing: With Axiom’s awesome proving APIs and OpenVM, we can now anchor proofs at super low costs--like, under a dollar! It’s $0.01 for each transaction, according to their benchmarks. So, you can really count on the state attestations or rollup exits that your actuaries are handling.
• Guardrails: So, what's the main issue at hand? It's definitely oracles. So, while ZK is awesome for checking computations, it doesn't automatically mean that the data is always intact. That’s why we always team up ZK with a mix of different oracle committees and designs that are ready to handle slashing.

6) Pilot with Measurable GTM Metrics (Weeks 8-12)

We're excited to announce that we’re launching a limited version of our product in certain areas! We're putting our efforts into either the "parametric wind-band specifically for Florida counties" or tracking "flight delays over a specific number of minutes." Stay tuned! "Here's what we're planning to do for our dashboard:"

• Time-to-payout P50/P90: We're really pushing to get this down to just a few days instead of dragging it out for weeks! We want to hit that market standard, especially with Arbol's amazing track record of getting payouts out in under 30 days for hurricanes.
• LAE Reduction through Automation: We're planning to take cues from the World Economic Forum on parametric transparency. This should really help us knock down some of those annoying frictional costs!
• Basis Risk Residuals: Our goal here is to align these with the targets we set for our expectile curve.
• Audit Trail Completeness: Our goal is to hit that perfect 100%! We want to make sure every trigger is backed up with EAS attestations and DECO verification.
• Compliance: The GRC team should dive into the SOC2 evidence artifacts and double-check that our ISO 27001 control mapping is spot on.

What’s Actually New in Decentralized Insurance (2024-2026) -- With Examples for Your Board Deck

1. On-chain Reinsurance is a Reality Now. Hey, have you heard about OnRe? It used to go by Nayms, but they’ve just launched some cool structured yield options. Definitely worth a look! Hey there! So, it looks like users can now throw their assets, like sUSDe, into those reinsurance pools. Plus, they've gone ahead and released some independent verification for their tokenized reinsurance vehicles. Pretty cool, right? Aon has dabbled in the idea of moving insurance onto the blockchain using Nayms, which helps with automatically handling commission allocations. Hey, procurement teams, this is a total game-changer! You’re now getting cash flows that can actually be audited, instead of just grabbing screenshots on Discord. How cool is that? Re has really stepped up its game lately, rolling out some exciting new on-chain yield products like reUSD and reUSDe. They’ve also introduced a cool points program to encourage more folks to get involved in capital markets. I'm really curious to see how treasury teams will evaluate on-chain capacity as eligible collateral in the future. It'll be fascinating to watch!

2) Parametric Operational Proofs Are on the Rise

Arbol just shared that they’ve handed out almost $20 million in payouts because of hurricanes, and they managed to do it in less than 30 days! That’s pretty impressive, right? This is definitely a good reference point to remember when you’re putting together those catastrophe RFPs. Hey, just wanted to share that Etherisc is launching a new flight-delay protection feature backed by USDC on Base. Pretty exciting stuff! This just goes to show that consumer-friendly parametric solutions can really thrive on Layer 2, providing a solid user experience. When you look at the bigger picture, the property and travel claims scene is actually quite significant and straightforward. Just to give you an idea, we're talking about a dollar here. Wow, can you believe that lightning payouts reached a whopping $4 billion in 2024? That's just incredible! And on top of that, travel-related payouts are also on the rise, jumping by 37% compared to last year. It’s amazing to see how much things are changing, isn’t it? These figures really drive home the point about how important it is to prioritize speed when it comes to parametric solutions.

3) Regulators Are Getting More Precise

EIOPA's suggestion to hold 100% capital for crypto holdings is really changing the game when it comes to treasury management. It's pushing for a “crypto-minimized” approach in the EU, which could have some interesting implications! So, what’s our game plan? We’re all about keeping our crypto balance sheet exposure at zero--unless we have a solid reason to change that, of course. Hey folks! Just a heads-up--Solvency II technical standards are evolving. It’s super important for program offices to stay on top of any shifts in group solvency and reporting guidelines. Keeping tabs on these changes will help you avoid any surprises when it comes to disclosures!

1. When it comes to data, quality and privacy aren't just nice-to-haves--they're totally game-changers. You really can’t overlook them. Chainlink's Privacy Standard, also known as DECO, allows you to use private off-chain data while still getting reliable results on the blockchain. It's a pretty cool way to keep things confidential while ensuring transparency. This is really essential when you're looking to get the green light from the legal team for using those proprietary vendor models or dealing with any sensitive data.

• You know what? The sources for external triggers are really starting to shine! For example, NASA's IMERG precipitation data and Copernicus wildfire severity stats are really shaking things up in the world of parametric insurance success stories. It's pretty exciting to see how these innovative tools are making a big difference! We’ve got your back on this! We make sure everything is supported by signed attestations. This way, your auditors can easily trace the steps leading up to the decision that triggered everything.

Deep-dive: How We Wire a Production-Grade Parametric Trigger

Data Flow

• Off-chain Acquisition: We kick things off by snagging data from vendor APIs and EO tiles. To keep everything secure, we use signed requests over TLS. DECO comes in to create these cool zero-knowledge attestations that prove a value is greater than or equal to a certain threshold, all without revealing the actual numbers behind it.
• On-chain Guardrails: We keep everything running smoothly by using a median-of-N oracle aggregation to ensure everything’s in good shape. We’re quick to kick out any outliers, and we’ve got these Proof-of-Reserve checks in place that can easily put a stop to minting or payouts if the reserves aren’t lining up.
• Attestation: Whenever we make a trigger decision, it’s noted down as an EAS attestation. We make sure to keep track of it with schema versioning, so nothing gets lost in the mix. So, if there are any issues that pop up, we can just use the attestation ID instead of sifting through a bunch of email threads. It's way easier that way!

Solidity Controls (High Level)

• UUPSUpgradeable + AccessControl: We’ve established some roles like ORACLE_SETTER, RISK_OFFICER, and PAUSER to help keep everything in check and running smoothly. It makes it a lot easier to stay organized!
• Circuit Breaker: So, here’s the deal--if the difference between the feed and the TWAP goes beyond a certain limit (we call this kσ), or if it looks like the DECO proof isn’t valid, we’ll switch the payout status to Suspended.
• Payout Curve: We’ve got this neat continuous expectile-like mapping that really helps smooth out those annoying basis risk cliffs.

Cross-chain

• CCIP Private Transactions: When it comes to distribution, we use encrypted payloads for added security. Plus, we've got a solid backup plan in place to handle retries if a route doesn’t pan out.

Observability

• Events: We keep an eye on key happenings such as TriggerEvaluated, PayoutReleased, and OracleQuorumFailure. Don’t worry, they're all set up and indexed for those SIEM pipelines!
• Off-chain: Just a quick reminder about those append-only logs! They're stored in your SIEM and are super helpful for meeting your SOC2 and ISO evidence collection requirements.

GTM metrics your CFO and Chief Claims Officer will care about

• Time-to-payout (we're aiming for days): Take a look at Arbol’s public data--it highlights hurricane payouts that come in under 30 days. That’s a great benchmark for handling those big catastrophe risks! By the way, Etherisc on Base really shines when it comes to smooth Layer 2 settlements for retail scenarios. It’s a game changer!
• LAE reduction: With parametric insurance, you can really save on those adjuster hours. According to the World Economic Forum, this approach not only ramps up transparency, but it also cuts down on those annoying frictional costs. Definitely keep this in mind for your pilot!
• Basis Risk Residuals vs. Premium: Don’t forget to keep your partners updated! You can do this by sharing the expected shortfall through expectile mapping. It’s a great way to ensure everyone’s on the same page. Transparency is key!.
• Compliance readiness: Double-check that you've got your SOC2 control evidence in order and that your ISO 27001 mappings are all signed off and ready to go. Just a quick reminder to make sure you document your treasury isolation according to the Solvency II guidelines. It's super important to stay on top of that!
• Capacity tap: Just a heads up, it’s smart to keep track of any optional links to OnRe/Re capacity and NAV/reserve attestations, even if you’re planning to roll them out in phase 2. Better to be prepared!.

Procurement-ready delivery from 7Block Labs

• Architecture and build: We’ve got you covered with our full range of product engineering services! Check out our custom blockchain development services, which now include some awesome privacy-preserving oracle integration. Hey there! Check out our awesome dApp development solutions and smart contract development. We whip up claims engines and user-friendly portals that are totally ready for audits and exports. With our expertise in cross-chain solutions development and, if needed, blockchain bridge development, we're all about making sure everything runs smoothly across multiple chains. We’ve got your back when it comes to seamless distribution and easy interoperability!
• Assurance:
• Before we launch, we make sure everything’s solid with our security audit services. We cover a lot of ground, including threat modeling, fuzz testing, and even diving into formal specs for triggers and payout calculations. Basically, we’ve got your back when it comes to security! We’ve got your back when it comes to integrating with your current systems! Our blockchain integration services make it super seamless. We provide IFRS 17/ledger adapters and TPRM evidence packs--think of them like your go-to resources for SOC2 and ISO compliance.
• Capital and GTM: Hey there! Thinking about diving into DeFi channels or experimenting with tokenization? We’ve got your back! We'll help you brainstorm options and evaluate different structures. Let’s make it happen! Take a look at our DeFi development services and asset tokenization! We’ve got your back with designs that not only look great but also keep your treasury in tip-top shape when it comes to Solvency II compliance.

Mini Case Patterns You Can Adapt Right Away

• Cat Parametrics (Wind/Flood):
• Trigger: Combine data from the National Hurricane Center and the National Weather Service with severity indices from Copernicus, and don’t forget to include the exclusive loss proxy from DECO.
• SLA: We're looking to share those target P50 payout times soon, and we want to ensure they're in line with what's happening in the market. Just to give you an example, we’ve managed to handle named storms in less than 30 days. Pretty impressive, right?
• Travel/Flight Delay: You can go ahead and settle with L2 (Base) using USDC. The interface and experience have been crafted to mirror Etherisc’s approach, ensuring everything feels seamless and easy-going. On top of that, we’ll be using CCIP Private Tx to share information with our partners.
• Crypto-Native Coverage (When It Works for Corporate Ventures): Make sure to keep your balance sheet separate! If you’re considering on-chain reinsurance, you’ll definitely want to check out the OnRe/Re pathways. Also, don’t forget to look into NAV and reserve attestations, plus any regulatory wrappers you might need. It's all about staying organized and compliant!

Common objections, pre-answered

• "You know, ZK can be pretty pricey and a bit delicate." We only bring in ZK when it really addresses a major privacy or procurement challenge. For example, we might use DECO proofs for private thresholds. Also, the tools for source mapping in zkEVM compilers are really leveling up, and that's a huge deal when it comes to audits.
• **"Oracles are definitely the weak spot." Absolutely! You’ve nailed it--ZK really focuses on verifying computations rather than how we gather our data. To handle this, we combine decentralized oracle networks with some quorum and median aggregation. We also throw in PoR-style safety checks and have slashing all set up for AVS whenever we need it.
• "Regulators are really going to clamp down on crypto investments." "** Our main focus is on creating programs that really cut down on crypto exposure whenever we can." When it comes to crypto, especially with things like L2 settlements that we can’t ignore, we always make it a point to keep that exposure separate. We document everything clearly so that anyone checking out our solvency has no trouble understanding it. EIOPA's position really makes this something we have to tackle.

The Next 12 Months: What to Watch and Why It Matters to Your Roadmap

• Updates on EU Solvency II: Make sure to stay updated on any changes regarding reporting and group solvency. They could impact how things work! These updates can change the way disclosures work, so it’s a good idea to keep your program office in the loop with the new guidelines. This way, you won't have to rush to get reports ready at the last minute!
• Reinsurance Capacity Tokenization is Getting Real: As we see developments like OnRe NAV attestations and the evolution of Re productization, it’s definitely smart to have a solid plan in place for when (or if) you choose to dive into this resource.
• EO Data in Production Triggers: Keep an eye on data from sources like Copernicus for updates on wildfires and NASA for info on rainfall. You really need to get those vendor contracts in order and set up your DECO/EAS pipelines. I'm telling you, the procurement cycles can drag on longer than you'd expect!
• Parametrics for Climate-Intense Risks: As the risks increase from things like the US SCS and heat waves, you can count on your distribution partners wanting faster access to cash. They’re going to steer clear of deals with heavy exclusions. Just a little reminder to keep this in mind as you plan for the year ahead!

Bottom Line

When it comes to enterprise buyers, it's really not about being “crypto cool.” What really matters to them is getting paid quickly, while making sure everything is clear, private, and works well with a treasury plan that keeps them financially healthy. Fortunately, there are some pretty great tools out there right now. You've got confidential oracles like DECO, which are super helpful. Then there's Base, a Layer 2 solution that's perfect for consumers. On top of that, you can use on-chain attestations for EO data, and if you ever find yourself in a pinch, there are regulated on-chain reinsurance options you can rely on. It's nice to know these resources are available when you need them!

CTA: Schedule Your 90-Day Pilot Strategy Call

Next Steps with 7Block Labs

Hey, take a look at our web3 development services to help you figure out your pilot stack! Ready to kickstart your audited contracts? Check out our smart contract development and security audit services. We’ve got you covered! Get started on your cross-chain distribution by checking out our cross-chain solutions development services!