The operations except of the case validation are not managed by an institution and its employees — instead the rules are written in code (or smart contract). Once the smart contract is deployed to the blockchain, Covid19.Insure fund can run themselves with little to no human intervention
The code is transparent on the blockchain for anyone to audit. This builds a different kind of trust with users, because anyone has the opportunity to understand the contract's functionality or find bugs. All transaction activity is also public for anyone to view.
Global - Whether you're in Berlin or Tanzania, you have access to Covid19.Insure.
"Permissionless" to participate — anyone can participate in Covid19.Insure. Unlike finance today, there are no gatekeepers or accounts with lengthy forms. Users interact directly with the smart contracts from their crypto wallets.