Otonomi is a blockchain-based cargo insurance platform that uses smart contracts to cover financial losses, business interruptions, and consequential damages, enhancing transparency and efficiency in insurance processes.
RedStone is a cross-chain data oracle technology that provides fast, cost-efficient access to data, a full historic audit trail, and an insurance-backed decentralized dispute mechanism. It gives users recourse in the event of inaccurate data provision. The project uses Arweave blockchain to store data and track reputation.