@KarmaCoverage I like this bit, it has a lot of conceptual clarity:
- Insurance — is the Centralized “Hub & Spoke” graph
- Reinsurance — is the Decentralized graph connecting risk Hubs
- P2P Coverage — will be formalized into a Distributed graph. — This is the one that obviously does not exist formally, but informally you see people calling parents, friends, and using GoFundMe, or their church/office and other community organizations in their personal network to spread risk out laterally.
I think the key point is that the P2P network already exists in the real world among friends, family and shared interest groups.
You may want to cross post directly onto Fintech Genome to make it easier for folks here.