Tetech-Labs/SafiGuard

SafiGuard is a parametric micro-insurance platform built on Stellar/Soroban that provides automated crop and weather insurance for underserved markets across Africa. Smart contracts trigger instant payouts when oracle-verified weather conditions breach policy thresholds — no claims process, no paperwork, no delays. # 🛡️ SafiGuard — Parametric Micro-Insurance on Stellar **Automated crop & weather insurance for underserved markets, powered by Soroban smart contracts and oracle data.** > *"Safi" means clean/pure in Swahili — SafiGuard delivers clean, transparent, trustless insurance to the people who need it most.* --- ## 🌍 The Problem **1.7 billion people** in Africa and Latin America have **zero insurance coverage**. Traditional insurance fails them because: - Claims processing takes weeks or months - Paperwork and bureaucracy exclude rural populations - Premiums are too high for micro-coverage - Fraud and denial rates destroy trust Meanwhile, a single bad rainy season can push an entire farming community into poverty. ## 💡 The Solution SafiGuard is a **parametric micro-insurance platform** where: 1. **Farmers purchase weather insurance policies** by paying small premiums in USDC/XLM 2. **Oracle feeds deliver real-time weather data** (rainfall, temperature, drought indices) 3. **Smart contracts automatically trigger payouts** when weather conditions breach policy thresholds 4. **No claims process** — if rainfall drops below 40mm in your region, you get paid. Automatically. ### How It Works ``` Farmer buys policy ──► Premium enters Risk Pool ──► Oracle reports weather data │ ▼ Threshold breached? │ │ YES NO │ │ ▼ ▼ Auto-payout Policy expires to farmer safely ``` --- ## 🏗️ Tech Stack | Layer | Technology | | ------------------ | --------------------------------------------- | | Frontend | React 18, TypeScript, TailwindCSS | | State Management | Zustand + React Query | | Smart Contracts | Soroban SDK (Rust) | | Backend API | Node.js, Express, TypeScript | | Database | PostgreSQL + Redis (caching) | | Oracle Layer | Custom oracle br …