We have something exciting to share! Here’s our team member, @ishtails . Recently, we had the chance to present JustInsure at our uni in our class, gathering valuable feedback from both our fellow students and professors. It’s been an inspiring experience!
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Hi, sorry for the late reply – I was occupied with some things.
To answer your questions:
- No, we did conduct a survey once where we managed to get contacts of officials from some of Asia’s reputed insurance agencies. Most were reluctant to move on-chain, and those open to it were generally working on in-house blockchain products. This would indeed be a significant step in onboarding such an audience, especially in the corporate sector. For now, it’s planned for the future, with an initial focus on smaller companies, ideally in crypto-friendly locations like Singapore and Malaysia.
- Regarding oracles, yes, such calls can be made via both the claim and premium calculation functions. Your example of crop insurance is actually a perfect case. We previously built a similar solution, Agrosurance [Project Link], which was a direct inspiration for this project. After that, we saw the potential to create a scalable, generic architecture, like Justinsure, enabling multiple companies to collaborate on a single shared platform with white-label solutions through API calls.
- As for policy compliance, it’s quite complex, especially at such an early stage. Our team hasn’t yet started looking into building compliance processes, but it’s definitely on the roadmap.
Thanks for your interest!
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As already answered by HODL, No we are not affiliated to them.
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Thanks for the detailed answer 
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I guess they will be soon new #TRONICS on TRON communitiy 
?
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Indeed, Growing the community 
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Hi team @jriyyya @marsian @ishtails
I would love to see what exactly is new maybe a bit more structured!
I saw that you guys did improvements along the way!
Congrats for voting phase!
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Hi @constantinpricope201
Would you mind taking a look at the link below? I’ve shared an explanation there about why we submitted this as a new project. If you still feel something is missing, please feel free to ask, I’d be happy to clarify!
Thank you!
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Good morning @jriyyya
I read all of your comments over your project page. Voting for you now. Glad to see that you developed that project + interacted with forum regularly. Hoping that results would make u happy
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Thank you so much for your support! It really means a lot to us. I appreciate you taking the time to read comments and engage with our project. Hoping for the best outcome!
Hey everyone! 
Looks a little quiet in here, Let us try creating a new policy! 
Guess what? You can create a new policy without any hassle – no gas fees needed, just a quick message signature, and you’re all set!
Here’s the Quick Guide to Creating Your First Policy:
-
Get Set Up as a Marketer
- Head over to Settings in the side menu, where you can register as a marketer.
- Grab a nice photo for the registration.
- Once you’re signed up, you’ll see some new sections pop up in the side menu.
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Jump to the Marketing Page
- Now, go to the Marketing section, and you’ll find a form to create your new policy.
- Fill in all the details carefully. No worries if it feels a bit detailed – it’s a one-time setup!
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Define Your Premium & Claim Validation Functions
- For the policy to work, you’ll need to create two Python2 functions:
- Premium Function: Returns a float (your premium amount).
- Claim Validation Function: Returns a boolean (true/false for claim validity).
- Use the UI to set up any arguments these functions need, and don’t forget to add a description for each one. This will help everyone (even non-developers) understand what they do!
- For the policy to work, you’ll need to create two Python2 functions:
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Save and Activate
- Hit Save to create the policy, and you’ll land on your dashboard where you can see it listed.
- To set your policy live, you’ll need to stake some USDJ. Click Set Initial Stake and enter an amount to get it started.
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Customize Even More
(Optional)- Once active, you can still edit your policy! Add or change the image, throw in some tags. This is a new feature, so it’s not in the video demo, but it’s available now!
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Find it on the Policies Page
- When it’s all set up and enabled, you’ll see your policy in the Policies section. Check it out and explore!
Let me know how it goes! Feel free to share any thoughts, questions, or ideas you have on making policy creation smoother. I just created a new policy while writing this message, in it, the claim and premium function are given by chatgpt, Just for the testing purpose, you can get similar function by giving prompt to chatgpt as
Please create a Python 2 function for calculating health insurance premiums. The function should return a float and accept certain arguments provided by the insurance buyer in order to compute the premium. Additionally, the function should access claim_duration and claim_value without requiring them as arguments, where claimValue is represented in USDJ (fake USD) and claimDuration is in milliseconds. Also, kindly specify the types for each of the function’s arguments separately.
Happy policy-making!
@Lil_Starburst @hermione @kishan1729 @manfred_jr @skye1 @ferrari @gamesfi.org @adeel @HODL @ines_valerie @Nweke-nature1.com @Okorie @monster @kmag44 @JerryB @lombard @SaanviSeek @GumballAvo @TreeSaver @Virex @fabsltsa @sociaux @constantinpricope201 @GeorgeOK
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Hey everyone! You might have noticed some recent changes—previously, your stakes were visible and accessible in the ‘Account’ section. Now, we’re introducing an important new feature called the ‘Vault.’ The Vault is designed to lock in your stake directly into specific insurance policies, meaning that once staked, these funds will remain secure and committed to the policy for a set duration without the option for early withdrawal.
This feature aims to enhance the stability and security of our insurance reserves, and we’d love to hear your thoughts on the lock-in period and other details that would make the Vault work best for you.
Some things we’d love your input on:
- Lock Duration: What lock period would work best for you—3 months, 6 months, or a year? Should the lock duration be the same for all policies, or customized based on the type of policy?
- Withdrawal Flexibility: Do you think there should be any flexibility in the lock period for specific cases, or is a fixed period acceptable?
@Lil_Starburst @hermione @kishan1729 @manfred_jr @skye1 @ferrari @gamesfi.org @adeel @HODL @ines_valerie @Nweke-nature1.com @Okorie @monster @kmag44 @JerryB @lombard @SaanviSeek @GumballAvo @TreeSaver @Virex @fabsltsa @sociaux @constantinpricope201 @GeorgeOK
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In my opinion, I feel allowing users to make partial withdrawals at specific intervals could make the vault more flexible while still maintaining a degree of security. This way, users who face unexpected financial needs can access a portion of their funds without fully unlocking the stake.
But I’m curious, if early withdrawals become an option, would you consider adding an early withdrawal fee or penalty?
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It seems to me that this Vault feature really has great potential! For the lock period, maybe 3, 6, and 12 months options would be nice so that users can select what they prefer best. For flexibility in withdrawal, maybe allow in case of emergencies, but keeping mostly fixed will add much-needed stability to the system
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For me I would prefer 3 months but I might decide to extend if it’s juicy 
, for me I always go for flex but it would be nice if the fixed, has more higher APRs % than flexible
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How long will now be the stake period
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I knew that you would achieve it. I already mentioned before.
But seeing that you got both from forum and judges, it is amazing. Keep building and come back to season 8 with fascinating builder project. Okay?
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Thanks for believing in us! We sure would continue building the project, and come again in season 8 as builders with much more features!
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Congrats @jriyyya You really deserve it !
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It wouldn’t have been possible without the community support, Thank you!