Smart Contract Risks and a Decentralized Alternative to Insurance
Hugh Karp, founder of Nexus Mutual, joins Remi Tetot, Real Vision co-founder, to discuss Karp’s transition from the traditional insurance sector to the crypto space. Karp describes his background, his training as an actuary, his career in the insurance sector, and his transition into crypto full time. Because he saw that insurance seemed to be one of the first uses cases for blockchain and aimed to build it, Karp explains a bit about what the Nexus Mutual protocol does and the various economic incentives built into the tokens. He touches on how recent major events in the crypto space have caused the NXM team to adjust their roadmap, and he answers questions from the Real Vision community. Filmed on September 28, 2020.