Etherisc is a blockchain-based cryptocurrency platform that builds decentralized or public insurance applications. The platform aims to bring transparency into the industry, lower operational costs, and democratize access to re-insurance while making the insurance transaction process more efficient with the help of blockchain technology. 

Per its whitepaper, Etherisc provides a platform for developing new insurance products by serving as a virtual accelerator to create and test new insurance products. The Etherisc eco-system stimulates insurance products that grow out of the blockchain economy. The platform also facilitates various insurance applications, from commercial coverage to non-profit solutions such as mutual, peer-to-peer insurance, and cooperative models. 

The Etherisc insurance network is decentralized and does not rely on the authority of big parties, which control most of the business, as is the case for traditional insurance companies. The platform enables numerous participants to collaborate on insurance products. In Etherisc's decentralized insurance platform, each member has their DIP token. The DIP token is used for platform transactions. To ensure the quality of services, service providers also need to stake DIP tokens. In the event of non-performance, the tokens are forfeited. 

These proposed protocol tokens are the central integral part of the decentralized insurance businesses. The DIP token facilitates the economy in this network: participants in the decentralized insurance network build insurance products.

According to its website, DIP token holders can benefit from:

Christoph Mussenbrock, Stephan Karpischek, and Renat Khasanshyn are the co-founders of the Etherisc project. The Etherisc's team members are award-winning experts experienced in delivering innovative products.