@robles2016naic — Insurance: The Highest and Best Use Case for Blockchain Technology

p.4 — the three insurability questions

“1. Can we identify the risk exposure? 2. What is the [mathematical] probability that such risk exposure will manifest? 3. If failure occurs, what are the consequences [cost] of that failure?”

Why it matters. The three questions are the source of the insurability gate. r-gen keeps risk as an extension so it does not conflate this consequence question with the IMECE exposure factor.

p.9 — the oracle as the most appropriate person

“An Oracle contract is an adjudicated contract with the added requirement the adjudicator … is deemed the most appropriate person to be performing the adjudication.”

Why it matters. The core Oracle names a single adjudicator and checks a credential at decision time.