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What does cover mean in the contract

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What does cover mean in the contract

What does cover mean in the contract? Cover is to solve the problem of the insurance amount underwritten by an insurance company According to the contract, since insurance products are designed to protect the business of a specific industry, we can generally understand it as one contract or multiple contracts, such as having a house, a car, and a fund. If this fund is used to assume the guarantee function, you can choose to use these funds to pay some protection fees or directly pay the insurance company. That is to say, you have a set of contracts that, in addition to providing corresponding insurance premiums, can also be used to obtain a certain amount of insurance premiums

What does cover mean

Cover is a protocol for decentralized storage, aimed at enabling the Internet to securely access data without third-party intervention.

. When people start using Cover, we hope they can bring value to themselves through this protocol, but we overlook another important part – user experience (UX) Cover is a way to protect content and digital assets based on blockchain, which can effectively solve privacy issues: it allows anyone to create their personal data and manage, exchange, and trade this information; It can also provide faster payments and better traceability. This will help prevent theft or hacker attacks, making the internet more efficient.

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