@@ -17,7 +17,7 @@ A lot of people will travel to Devcon SEA. This will impose a number of risks to
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flight Delays, baggage loss, theft, and others. We will build a decentralized travel insurance for Devcon SEA participants.
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## Abstract
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- We will offer a FlightDelay Insurance for DevconVI attendees.
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+ We will offer a FlightDelay Insurance for Devcon SEA attendees.
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People can select their flight(s) and pay USDC 15 as a premium.
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Via an oracle, the risk of the flight being late is calculated, which determines the maximum amount paid out in case of a delay.
@@ -39,11 +39,11 @@ those premiums which are not used to pay out claims. To become a liquidity provi
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stake [ DIP (Decentralized Insurance Protocol) tokens] ( https://etherscan.io/token/0xc719d010b63e5bbf2c0551872cd5316ed26acd83 ) .
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## Motivation & Rationale
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- Attendees get peace of mind when traveling to DevConVI . This will increase their well-being
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+ Attendees get peace of mind when traveling to Devcon SEA . This will increase their well-being
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and will also attract people who otherwise would abstain from participation.
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- DevCon7 attendees will most likely be willing to use blockchain based insurance because it fits
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+ Devcon SEA attendees will most likely be willing to use blockchain based insurance because it fits
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best in their DeFi engagement. Payouts can be immediate and no paperwork is needed.
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- FlightDelay Insurance has been offered at DevConII in Shanghai and got a lot of good feedback,
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+ FlightDelay Insurance has been offered at Devcon SEA in Shanghai and got a lot of good feedback,
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it was the first insurance Dapp on Ethereum - time to bring it back!
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## Implementation
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