Insured Finance Logs Phenomenal Week of Progress
Dynamics in the digital asset insurance space are about to change as Insured Finance quickly approaches the launch of its two-sided marketplace
The Insured Finance development team has just recorded an extraordinary week of progress as the team quickly pushes towards the launch of a cutting-edge digital asset insurance marketplace. The launch of the Insured Finance two-sided insurance marketplace will completely change the dynamics of the digital asset space by allowing holders to secure tailored insurance on versatile holdings.
To achieve this, the Insured Finance development team has been working relentlessly to ensure that the frontend holds a sublime UX while the backend runs on bug-free and comprehensively secure contracts and processes. Over the past week, the development team has succeeded in finalizing the majority of the major dashboard pages in the Insured Finance marketplace. The dashboard home along with several pages associated with insurance listings and requests have been fully completed on the frontend. Each page has a frictionless and intuitive UI, allowing Insured Finance users to navigate seamlessly to the major functions of the Insured Finance marketplace.
On the backend, contracts and processes are also being optimized to ensure that Insured Finance users have both secure and fast transactions and processes. The codebase surrounding various contracts related to insurance requests and listings were fully finalized over the past week. These contracts were carefully developed and rigorously tested to ensure that Insured Finance users can experience rapid and bug-free functionality. In addition to the contracts, external data feeds were integrated from the market-leading oracle solution Chainlink, allowing the backend processes to run on precise and reliable data feeds.
The codebase was also updated to integrate some major functionalities between the frontend design and backend processes of Insured Finance. The sublime UI of the major marketplace pages have been connected with the optimized backend processes that are associated with these pages. Those that navigate the marketplace can be assured of an easy-to-understand navigational experience which directly produces bug-free and reliable outputs. Key bridges have also been established for the tokens applicable to the Insured Finance marketplace, allowing these tokens to be interoperable among different networks.
After a phenomenal week of progress, the Insured Finance team only needs to address a few minor details before the marketplace will be ready for full launch. Our rigorous testing process has revealed some minor bugs but we will be able to quickly address these. On the side of marketplace performance and security, we rank these among our priorities and we are always seeking to fully optimize these. We have identified some minor changes we can make that will further optimize the performance and security of the marketplace. These changes will be implemented in the near-term future and we will keep our community updated regarding further changes and developments.
As the Insured Finance marketplace quickly advances, we are on the precipice of a major change in the digital asset insurance marketplace. We can’t help but be extremely excited about our upcoming Alpha release. As we complete our final codebase changes and reviews, the Insured Finance development team will remain as focused as ever and will continue to work relentlessly to ensure that the marketplace is grounded in a sublime UX and highly-refined and bug-free backend.