Base Layer Episode 050 - Hugh Karp (Nexus Mutual)
Hugh from Nexus Mutual joins Base Layer for it's 50th episode! Nexus Mutual is building a decentralized alternative to insurance. They are using blockchain (Ethereum) to build a mutual (a risk sharing pool) to return the power of insurance to the people. It will allow anyone to become a member and buy cover. It replaces the idea of a traditional insurance company, because it is wholly owned by the members. We spoke about Nexus Mutual help users be covered for events like The DAO hack or Parity multi-sig wallet issues. This is a super interesting space evolving - one to listen to!