Village pub
Seriousness through mutual trust
Facts
For: iOS, Android
Published: August 2022
Type: App
Genre: Society & Finance
Target group: Society
How it works
Dorfkrug classic
Summary
The traditional finance and insurance industry is facing challenges and is reaching its limits. The distribution process causes high costs of up to 50%. The “Dorfkrug” app, which acts as a cooperative insurance system, offers a possible alternative. It combines both advantages and disadvantages, including an efficiency rate of around 95%, unconditional support and trust as a basis. The system works in such a way that members within a group support each other. These groups are organized digitally and comprise structures of up to 1,000 people. Swarm intelligence is used to make decisions.
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