Crust Network and Tidal Finance, a customizable insurance market, announce a partnership

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Crust provides a decentralized storage network for the Web3 ecosystem, supports multiple storage layer protocols including IPFS, and provides interfaces to the application layer. Crust
's technology stack can also support a decentralized computing layer. Crust aims to build a distributed cloud ecosystem that values ​​data privacy and ownership.

Crust Network and Tidal Finance announced a partnership. Crust's storage workload consensus is based on TEE (Trusted Execution Environment) technology to design a meaningful proof of work (MPoW, Meaningful Proof of Work) mechanism to count the storage workload of nodes and report them to the chain.

Crust's decentralized storage, decentralized computing layer and the incentive layer agreement of the decentralized cloud ecosystem will enable Tidal to create the strongest open insurance market.

Why choose Crust?

The Tidal platform can store files in a distributed network without being restricted by any centralized entity, thus becoming the safest decentralized insurance market. You can also benefit from it because the data is stored on different hosts.

Chad Liu, the founder of Tidal Finance, said: "The innovative technology provided by Crust Network can benefit any decentralized market, including the insurance market we have established in Tidal Finance."

About Tidal

TIDAL is a Balancer-like insurance market built on Polkadot. It has the function of creating a custom insurance pool for one or more assets in multiple chains. It maximizes capital efficiency by giving the pool creator part of the deposit income as a reward.

Website: https://tidal.finance/
Medium: https://medium.com/tidal-finance
Twitter: https://twitter.com/tidaldefi
Announcements Channel: https://t.me/tidalann
Intro to Tidal Medium blog: https://medium.com/tidal-finance/introducing-tidal-open-marketplace-for-programmable-insurance-1a48b1d497eb

About Crust Network

Crust provides a decentralized storage network for the Web3 ecosystem, supports multiple storage layer protocols including IPFS, and provides interfaces to the application layer. Crust's technology stack can also support a decentralized computing layer. Crust aims to build a distributed cloud ecosystem that values ​​data privacy and ownership.

The public testnet Maxwell CC2 is currently online , and the first phase of the incentive testnet "Ark Project" will start in late November. Welcome to join the test experience. Crust Network has successively joined the Substrate Builders Program, Web3.0 Bootcamp, and obtained the Grant from the Web3 Foundation.

Crust related:
Crust Technical White Paper v1.9.3
Crust Network Economic White Paper v.0.7
Crust Network Token Indicators & Economics
Quickly understand the Crust Network distributed cloud

官网:https://crust.network/
Twitter:@CrustNetwork
Medium:https://medium.com/@crustnetwork
GitHub:https://github.com/crustio
Telegram:https://t.me/CrustNetwork

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Origin blog.csdn.net/Crust_Network/article/details/110041318