New Age Insurance for Power Challenges

Loadshedding is a major challenge for South African businesses, leading to financial losses, damaged stock, and stalled operations. This video explores how blockchain technology, smart contracts, and stablecoins like xZAR offer a new approach to risk protection. When the national grid operator schedules multiple blackouts, smart contracts can automatically trigger insurance payouts. No calls, no paperwork, no delays. This system enables fast, fair, and transparent cover for high-frequency, low-severity events. By shifting away from traditional models, blockchain-based insurance allows small businesses to stay resilient, even in the face of ongoing power disruptions. The video breaks down how the model works and highlights its potential to transform the future of financial protection in South Africa.