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DeFi Insurance Platform Uno Re Launches Cover Portal

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NEW YORK, Apr 23, 2022 - (ACN Newswire) - Uno Re (http://unore.io/), a decentralized insurance platform, launched its Cover Portal on April 23, 2022. Accessible through Uno Re's dApp, the Cover Portal addresses an underemphasized need in DeFi space: easy access to insurance. For the first time, DeFi users can insure their crypto-assets in a few simple steps thanks to Cover Portal's clear and simple UI.

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The danger of hacker attacks keeps growing within the DeFi space (case study: https://bit.ly/3jYokl7) causing drastic losses for users and protocols alike. The total sum lost to hacks in the first quarter Q1 2022 is up 695% from Q1 2021 losses. With both the quantity and severity of attacks on the rise, skepticism surrounding the DeFi space is also growing.

One of the leading players in DeFi insurance, Uno Re launched its Cover Portal which aims to grant users easy access to insurance coverage through its user-friendly UI.

What is Uno Re's Cover Portal?

Cover Portal is Uno Re's latest dApp - scanning users' wallet, detecting insurable assets within as well as staked in staking and farming pools across chains, measuring possible risks using an AI-based algorithm, and allowing users to secure their on-chain assets instantly.

Cover Portal is optimizing the insurance purchasing experience for users by simplifying all steps as much as possible. Upon connecting their wallets and detecting their insurable assets, users can simply choose the token(s) and how much to insure. Cover Portal allows users to pay their premiums in USDC.

"The launch of our Cover Portal marks the beginning of a new era in the DeFi insurance industry. We are steadily building and improving our platform to make hassle-free insurance service possible for DeFi users. Cover Portal is the final step towards fulfilling our true potential and makes our platform a complete ecosystem of multiple services and mechanisms, working like clockwork. We are delighted to have achieved this and look forward to improving the overall security of DeFi space." stated Jaskanwar Singh, CEO and Co-founder of Uno Re.

About Uno Re

Uno Re is the protocol behind Cover Portal. An insurance provider for DeFi users and partner of numerous DeFi platforms, Uno Re successfully provided compensation to Umbrella Network hack victims in March 2022. As the insurer, Uno Re has processed the claim in a few days and ensured that 91% of affected wallet addresses are covered and appropriately compensated.

Uno Re is the world's leading decentralised 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, doing away with the historic pre-requisite of absurdly high capital generally needed to invest in 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.

Media Contact
Media team, Uno Re
E: misbah@unore.io
U: https://unore.io/

SOURCE: Uno Re

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comUno Re ( http://unore.io/ ), a decentralized insurance platform, launched its Cover Portal on April 23, 2022. Accessible through Uno Re's dApp, the Cover Portal addresses an underemphasized need in DeFi space: easy access to insurance. For the first time, DeFi users can insure their crypto-assets in a few simple steps thanks to Cover Portal's clear and simple UI.

PLS Plantations rated Silver3 by RAM Sustainability

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KUALA LUMPUR, Apr 18, 2022 - (ACN Newswire) - PLS Plantations Berhad today announced their receipt of Silver3 ratings by RAM Sustainability for its principal plantations and trading segments, reflecting some gaps and the early stages of the Company's ESG practices that are crucial for reforestation and plantation-related sectors.

The sustainability ratings by RAM Sustainability, a leading provider of independent ESG analytics, captures the Company's corporate sustainability performance based on all the environmental, social and governance (ESG) themes, as well as relevant international and domestic guidelines by Bank Negara Malaysia's (BNM) Climate Change and Principle-based Taxonomy (CCPT).

PLS Plantations' Independent Non-Executive Chairman, Tan Sri Nazir Razak said, "This rating sets the baseline for the Company, in providing clear forward strategy in terms of our priorities and focus areas, across our business and operations, especially in areas for improvement. Equally as important, it offers our stakeholders - investors, regulators, business partners, suppliers, and clients - an objective and transparent assessment of our commitment to sustainability and responsibility as a reliable supplier, business partner, and an employer. PLS Plantations is working hard to execute against our strategy towards becoming Malaysia's leading sustainable, agrofood provider in the coming years."

RAM Sustainability's Chief Executive Officer, Promod Dass said, "PLS Plantations is establishing a starting point for its ESG journey by subjecting itself to the rigors of a sustainability rating and positioning that transparency is a priority even though it points to its high ESG risk profile - for this it must be commended, and we look forward to monitor its sustainability progress. We hope that this will set a precedent for more companies to embark on their sustainability journey and aspire to achieve the highest ratings."

As part of the Company's turnaround journey, PLS demonstrates strong commitment to expand on its corporate governance framework and policies, especially in areas of sustainability governance, pending a dedicated group-wide framework and policies to govern the Company. As a Public-Private-Partnership (PPP), PLS Plantations' vision is to contribute to the nation's food security and positive socioeconomic impact through initiatives in supporting local farmers, specifically the B40 and indigenous communities. The Company commits to produce quality products and services evidenced by the various certifications obtained such as the Malaysian Sustainable Palm Oil (MSPO) Certification for its plantation segment. The Company's trading business has received Good Manufacturing Practices (GMP), Malaysia Good Agricultural Practices (myGAP), HALAL and Hazard Analysis Critical Control Point (HACCP) certifications, among others and has dedicated policies to manage human resource and human rights including the Good Social Practices Policy, Occupational Safety and Health Policy, Child Labour Policy and Sexual Harassment Policy.

For more information, or to download the complete the PLS Plantation's RAM Sustainability rating report, please click here. https://www.ram.com.my/pressrelease/?prviewid=5964

About PLS Plantations Berhad

PLS Plantations was incorporated in Malaysia in 1987 and was listed on the Second Board of Kuala Lumpur Stock Exchange in 1994. Currently listed on the Main Board of Bursa Malaysia Securities Berhad, PLS and its subsidiaries are involved in the management and operation of forest, oil palm and durian plantations, as well as the processing, distribution and sale of durian products.

Forward-Looking Statements

The statement included in this press release, other than statements of historical facts, are forward-looking statements. Forward-looking statement generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "plan," "seek," or "believe." These forward-looking statements, which are subject to risks, uncertainties, and assumptions, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations about future event. There are important factors that could cause our actual results, level of activity, performance, or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statement, including, but not limited to our ability to win additional business. Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future result, level of activity, performance, or achievements. You should not rely upon forward-looking statements as predictions of future events. These forward-looking statements apply only as of the date of this press release; as such, they should not be unduly relied upon as circumstances change. Except as required by law, we are not obligated, and we undertake no obligation, to release publicly any revisions to these forward-looking statements that might reflect events or circumstances occurring after the date of this release or those that might reflect the occurrence of unanticipated events.

Media Contact:
Cheong Sue Fyenn
Narro Communications
E: suefyenn@narrocomms.com
T: +6016 910 7625

PLS Plantations Berhad: https://plsplantations.my/
PLS Plantations Berhad: 9695 / [BURSA: PLS]

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comPLS Plantations Berhad ("PLS Plantations" or the "Company") today announced their receipt of Silver3 ratings by RAM Sustainability for its principal plantations and trading segments, reflecting some gaps and the early stages of the Company's ESG practices that are crucial for reforestation and plantation-related sectors.

Jump.trade to Launch P2E Cricket Game NFT Drop on April 22, 2022

console.debug('TRINITY_WP', 'Skip player from rendering', 'is single: , is main loop: 1, is main query: 1');console.debug('TRINITY_WP', 'trinity_content_filter');Press Release: Meta Cricket League is a...

The Best Ethereum Classic Casinos And Gambling Sites

Ethereum Classic gambling is becoming more popular due to it having significantly lower fees than its cousin, Ethereum. Here are our top casino picks for gambling with Ethereum Classic.

The post The Best Ethereum Classic Casinos And Gambling Sites appeared first on BitcoinChaser.

MineDollars Introduces Users To The World Of Passive Income… | Global Live Breaking Crypto News | Metaverse News

In the cryptocurrency sector, mining cryptocurrencies is without doubt one of the greatest methods to earn.  Mining cryptocurrencies like Bitcoin and Ethereum, alternatively, may be expensive because of the want for high-end laptop machines. Furthermore, the expense of sustaining these units is big and out of attain for the standard crypto fanatic. This is why […]

The post MineDollars Introduces Users To The World Of Passive Income… | Global Live Breaking Crypto News | Metaverse News appeared first on Bitcoin Upload.

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ZooKeeper dApp to Launch on Avalanche

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Press Release: Yield-farming dApp ZooKeeper is launching on Avalanche on the 3rd of April, enabling users to take advantage of both networks by cross-chain transferring their $ZOO tokens, and ZooNFTs.    4th April 2022, GENEVA, Switzerland — ZooKeeper is delighted to announce that its dApp is officially coming to the Avalanche network. ZooKeeper is the […]

The post ZooKeeper dApp to Launch on Avalanche appeared first on Bitcoin PR Buzz.

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What Bitcoiners Need to Know About Jury Nullification In A Hostile Legal System

Jury nullification is one tool that may be needed if antagonistic policies get passed which lead to Bitcoin users being labeled as criminals.

Bitcoin Barbed Wire And The Crypto Anarchist Manifesto

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The Power of AI adds Corporate Identity Colors to simpleshow Video Maker with Just the Click of a Button

BERLIN, Germany, Mar 31, 2022 - (ACN Newswire) The explainer video platform, simpleshow, is known for the easy creation of explainer videos. With the introduction of a new smart illustration style, users can now create videos using a modern look that matches their corporate colors with the click of a button.

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Dr. Sandra Böhrs, CMO of simpleshow, explains: "One of the main focuses of this year's roadmap is to add more visual variety and CI conformity to simpleshow video maker. The ability to incorporate more CI elements improves brand recognition for our clients and allows them to elevate their creativity. We've made it easier than ever with an intelligent illustration style that automatically reflects the look and feel of their business."

The new illustration style is a useful addition to the well-known black and white "classic" style. If the user chooses the new "clean" style, modern and clear illustrations with realistic proportions will help bring the video to life. The style is particularly intelligent because it automatically recognizes the type of illustration and balances up to four CI colors, even applying the color in the right places. The artificial intelligence handles all the hard work, making it easier than ever for simpleshow users.

About simpleshow: simpleshow is the pioneer platform for digital products and services around explainer videos. Guided by the mission to make modern communication simple and concise, the market leader enables everyone to explain complex topics in a clear and engaging way. The AI powered SaaS solution, simpleshow video maker, allows users to create professional explainer videos in more than 20 languages within just a few clicks. A magic that comes from years of experience in producing tens of thousands of videos and eLearning courses, in over 50 languages. The simpleshow team caters to clients from offices in Berlin, Luxembourg, London, Miami, Singapore, Hong Kong, and Tokyo. Large international companies value simpleshow as a partner for the ability to provide simple, effective explanations.

Press contact
simpleshow gmbh | Am Karlsbad 16 | 10785 Berlin | Germany
simpleshow.com
Contact person: Erin Hmielewski
pr.int@simpleshow.com | Phone: (239) 691-0705

SOURCE: simpleshow gmbh



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Arweave or Filecoin? Here’s the clear winner of decentralized storage war

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionThe ‘decentralized storage’ war has continued to wage on over the years as more developments around this space came to life. Many teams like Filecoin, Storj, Sia, began building open source solutions in late 2016 and early 2017 after recognizing the latent opportunity. Incidentally, in 2018, another decentralized storage space Arweave jumped onto the bandwagon. […]

Bitcoin Is Venice: Wrestling With The Truth

Surprising as it may be, Bitcoin’s history mirrors the history of mixed martial arts.
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