FortiFi: Decentralized Insurance Protocol

FortiFi is a next-generation decentralized insurance protocol built on blockchain technology, offering transparent, efficient, and automated insurance solutions for digital assets and smart contracts.

🌟 Overview

FortiFi revolutionizes traditional insurance by leveraging blockchain technology to create a trustless, automated insurance ecosystem. Users can create insurance pools, purchase policies, and process claims without intermediaries, all while ensuring maximum transparency and efficiency.

🔑 Key Features

• Decentralized Insurance Pools: Create and manage insurance pools with customizable parameters
• Automated Policy Management: Smart contract-based policy issuance and management
• Transparent Claims Processing: Verifiable claims assessment and processing
• Liquidity Provider Incentives: Earn rewards by providing liquidity to insurance pools

🔄 System Architecture

graph TD
    A[User Interface] --> B[Smart Contracts]
    B --> C[Insurance Pools]
    B --> D[Policy Management]
    B --> E[Claims Processing]
    C --> F[Liquidity Providers]
    D --> G[Policy Holders]
    E --> H[Claims Verification]
    F --> I[Rewards Distribution]
    G --> E
    H --> J[Claim Resolution]

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🌊 Insurance Flow

┌──────────────┐     ┌──────────────┐     ┌──────────────┐
│   Create     │     │   Purchase   │     │   Submit     │
│    Pool      │ --> │   Policy     │ --> │   Claim      │
└──────────────┘     └──────────────┘     └──────────────┘
       ↑                    │                    │
       │                    ↓                    ↓
┌──────────────┐     ┌──────────────┐     ┌──────────────┐
│  Liquidity   │     │   Active     │     │   Verify     │
│  Providers   │     │  Coverage    │     │   Claim      │
└──────────────┘     └──────────────┘     └──────────────┘
                                                │
                                                ↓
                                         ┌──────────────┐
                                         │  Process     │
                                         │  Payout      │
                                         └──────────────┘

🛠 Technology Stack

• Frontend: Next.js, TailwindCSS, Framer Motion
• Blockchain: Ethereum, Solidity
• Web3 Integration: Wagmi, Ethers.js
• Storage: IPFS (for claim documents)
• UI Components: Custom-built with modern design principles

🚀 Getting Started

1. Clone the repository:

git clone https://github.com/sh4d0wy/FortiFi.git
cd FortiFi

2. Install dependencies:

npm install

3. Set up environment variables:

cp .env.example

4. Run the development server:

npm run dev

💻 Smart Contract Deployment

1. Configure your network in hardhat.config.js
2. Deploy contracts:

npx hardhat run scripts/deploy.js --network <your-network>

Deployments

1. Demo
2. SafeToken Contract
3. InsurancePool Contract
4. PolicyManager Contract