Bima Coin

Bima Coin

Bima for the people, Bima by the people

The problem Bima Coin solves

In a decentralized world, insuring physical products gets challenging due to the lack of interfacing. With "Bima Coin", we provide an interface between the hardware sensors and the blockchain, to provide insurance to real-world things such as a car, and eventually something like even a vacuum cleaner (i.e. consumer goods insurance).

Challenges I ran into

  1. Keeping the ecosystem decentralized while moving the sensor data and performing computation on IoT and sending the data from the mote to the chain. Fused multiple decentralized technologies such as Cartesi, StackOs, and Polygon.
  2. Some technology is on 0.x.x version with limited support with troubleshooting and community. We overcame this by trial and error.
  3. Deployment was a little tricky as deploying on the web 3 platform was new for us. We learned about wallets and how they operate to get up to speed.

Discussion