Uno Re partners with Apex
We are thrilled to announce our partnership with Apex - a node as a service (NaaS) protocol built on the Avalanche blockchain.
Uno Re will be providing insurance coverage to Apex Nodes smart contracts and to ApexBridge, which is currently under development and set to be launched at the end of Q2 2022. This will make Apex the world’s first insured node project. We will be using Apex’s node infrastructure to further improve the security of our platform.
Uno Re x Apex
In light of our partnership, we are creating a custom insurance policy for Apex, which the Apex Nodes smart contract.
As a part of our partnership, we will also be insuring the ApexSwap- an upcoming Apex protocol and the Apex Lending protocol.
Apex will provide us with the infrastructure to improve our platform’s security.
“We are delighted to welcome Apex to our partner ecosystem. Our partnership will benefit the users of both sides as both platforms aim for maximum security and reliability. We are looking forward to building a decentralized future together.”
— Jaskanwar Singh, CEO and Co-founder of Uno Re
“I’m incredibly inspired about our partnership with UnoRe,” — said Tom Barr, CEO of Apex. — “As someone who worked in insurance for over two decades, I know how much value it will add to our node holders. UnoRe is an incredible partner, and we are looking forward to building a decentralized future together.”
— Tom Barr, CEO of Apex
About Uno Re
Uno Re is the world’s first decentralized insurance and reinsurance platform, allowing the community to invest and trade in ‘risk’ and receive sizable returns on their investments in one of the safest asset classes in the world. The platform will break barriers to entry for the retail investor by doing away with the historic pre-requisite of absurdly high capital generally needed to invest into the market while also introducing much-needed transparency into the industry as a whole. Uno Re will also allow the community to propose innovative insurance products to the space, thus propelling a new generation of Insurtech companies powered by the Uno Re ecosystem.
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About Apex
Apex is a true Node as a Service (NaaS) protocol built on the Avalanche blockchain, and offers developer tools and infrastructure to set up and manage the nodes connected to the network.
Apex is dedicated to empowering Web 3.0 infrastructure through nodes operating across a variety of blockchain. Apex deploys nodes for a wide range of blockchains and empowers these networks by increasing the decentralization and security of these blockchains including Arweave, Avalanche, Ethereum, and the Bitcoin Lightning Network. Apex Nodes have a 100% uptime, infinitely scalable and instantly available.
