In 2025, Bitcoin and blockchain are reshaping microinsurance for small farmers and businesses in developing countries. Countries like Kenya, India, and the Philippines are leading the way, using blockchain technology to offer affordable protection against climate risks and supply chain disruptions.
For instance, ACRE Africa provides farmers in Kenya with weather index insurance through blockchain-based smart contracts, enabling automated payouts based on real-time weather data (ACRE Africa). In India, Etherisc has pioneered blockchain-driven crop insurance to help mitigate losses caused by extreme weather events (Etherisc).
A significant pilot project by Oxfam, Etherisc, and Aon in Sri Lanka and the Philippines has already made its first payouts using blockchain-based agricultural insurance (The Digital Insurer). This project demonstrates how blockchain can streamline claims and reduce administrative costs, empowering small farmers and entrepreneurs.
Bitcoin’s payment system also plays a role in these initiatives by enabling fast, low-cost cross-border micro-payments, reducing reliance on traditional banking infrastructure and improving financial inclusion.
These developments highlight how Bitcoin’s blockchain technology is driving social impact, extending insurance protection to those who need it most.
