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Free 30-min Web3 Consultation
Book Consultation
Smart Contract Security Audits
View Audit Services
Custom DeFi Protocol Development
Explore DeFi
Full-Stack Web3 dApp Development
View App Services
Free 30-min Web3 Consultation
Book Consultation
Smart Contract Security Audits
View Audit Services
Custom DeFi Protocol Development
Explore DeFi
Full-Stack Web3 dApp Development
View App Services
Free 30-min Web3 Consultation
Book Consultation
Smart Contract Security Audits
View Audit Services
Custom DeFi Protocol Development
Explore DeFi
Full-Stack Web3 dApp Development
View App Services
LABS
Services

Substrate Parachain for Device Failure Coverage

Design and development of a custom Substrate-based blockchain parachain dedicated to institutional-grade, compliant device failure insurance for large-scale DePINs.
Chainscore © 2026
overview
CORE SERVICE

Smart Contract Development

Secure, production-ready smart contracts built by Web3 experts to power your decentralized applications.

We architect and deploy audit-ready smart contracts on EVM-compatible chains (Ethereum, Polygon, Arbitrum) and Solana. Our process delivers faster time-to-market with a typical 2-4 week MVP cycle.

  • Security-First Development: Built with Solidity 0.8+ or Rust, leveraging OpenZeppelin libraries and rigorous internal review.
  • Gas Optimization: Contracts are engineered for >30% lower gas costs on average through efficient storage and logic patterns.
  • Full Lifecycle Support: From initial design and testing to deployment, verification, and post-launch maintenance.

We deliver contracts that are secure by design, enabling you to launch with confidence and scale without refactoring.

key-features-cards
ENTERPRISE-GRADE INFRASTRUCTURE

Core Features of Your DePIN Insurance Parachain

We deliver a purpose-built Substrate parachain that automates device failure coverage, reducing claims processing from weeks to minutes and cutting operational overhead by up to 70%.

01

Automated Claims & Payouts

Smart contracts automatically verify device health data and trigger payouts in under 60 seconds, eliminating manual review and fraud. Built with OpenZeppelin security patterns and audited by third-party firms.

< 60 sec
Payout Time
0 Manual
Fraud Cases
02

Multi-Device Oracle Network

Aggregate and validate real-time health data from IoT sensors, Helium hotspots, and 5G nodes via a decentralized oracle network. Ensures tamper-proof data feeds for accurate risk assessment.

99.9%
Data Uptime
100+
Device Types
03

Parametric Insurance Logic

Deploy custom, on-chain insurance parameters that trigger payouts based on predefined conditions (e.g., downtime, temperature, signal loss). Enables transparent, dispute-free coverage for hardware fleets.

100%
On-Chain Logic
< 2 weeks
Policy Deployment
04

Cross-Chain Asset Bridge

Native support for multi-chain premium payments and claims in stablecoins (USDC, DAI) and native tokens. Secured by XCM (Cross-Consensus Messaging) for interoperable liquidity.

5+
Supported Chains
< 1 sec
Bridge Finality
05

Regulatory Compliance Module

Built-in KYC/AML checks and on-chain audit trails for regulated jurisdictions. Modular design allows for region-specific compliance without core logic changes.

GDPR/KYC
Compliance Ready
Fully
Auditable
06

Scalable Substrate Framework

Leverage a custom-built Substrate pallet architecture for high TPS and sub-second block times. Designed for horizontal scaling to support millions of insured devices.

10,000+
TPS Capacity
99.9%
Uptime SLA
benefits
TANGIBLE RESULTS

Business Outcomes for Your DePIN Network

Our Substrate parachain development for device failure coverage is engineered to deliver measurable business advantages, from accelerated revenue to hardened security.

01

Accelerated Time-to-Market

Leverage our pre-built, audited Substrate pallets for device attestation and claims processing. We deliver a production-ready parachain in under 8 weeks, enabling you to launch your DePIN insurance product ahead of competitors.

< 8 weeks
To Production
Pre-built
Core Pallets
02

Provably Secure & Trustless Operations

All on-chain logic for coverage policies and claims payouts is secured by our battle-tested, formally verified Substrate runtime modules. Eliminate single points of failure and build user trust with transparent, automated execution.

Formally Verified
Runtime Logic
Automated
Claims Execution
03

Seamless Cross-Chain Liquidity

Our parachain integrates native XCM channels to major ecosystems like Polkadot, Ethereum, and Cosmos. This enables your network to access deep liquidity pools for underwriting capital and settle claims in multiple assets, expanding your market reach.

Native XCM
Integration
Multi-Chain
Asset Support
04

Scalable Infrastructure for Global Growth

Built on Substrate's modular framework, your parachain scales independently with dedicated block space. We ensure the infrastructure supports thousands of devices and policies with sub-second finality, maintaining performance as your network grows.

Sub-second
Finality
Dedicated
Block Space
05

Reduced Operational Overhead

Automate manual processes like premium collection, device health verification, and claims adjudication directly on-chain. Our solution cuts administrative costs by over 60% and minimizes human error in the coverage lifecycle.

> 60%
Cost Reduction
Fully Automated
Lifecycle
06

Regulatory & Audit Readiness

We implement comprehensive, immutable audit trails for all policy changes and claims. Every transaction is transparently recorded on the parachain, simplifying compliance reporting and providing a single source of truth for internal and external auditors.

Immutable
Audit Trail
Real-time
Compliance Data
Tailored for Device Failure Coverage

Phased Development Tiers

A structured roadmap for building and scaling your Substrate parachain, from initial PoC to a fully insured, production-ready network.

FeatureFoundationProductionInsured Network

Custom Substrate Parachain Development

Device Onboarding & Identity Module

Failure Event Oracle Integration

Basic

Advanced

Multi-Source

On-Chain Insurance Pool & Claims Engine

External Capital Gateway (DeFi Integration)

Security Audit & Penetration Testing

Light Review

Full Audit

Full Audit + Ongoing

Runtime Upgrade & Governance Setup

Validator Set Bootstrapping & Monitoring

Self-Managed

Assisted

Fully Managed SLA

Time to Live Network

6-8 weeks

12-16 weeks

16-20+ weeks

Estimated Investment

$80K - $120K

$180K - $250K

Custom Quote

how-we-deliver
CORE SERVICE

Smart Contract Development

Secure, production-ready smart contracts built for scale and compliance.

We architect and deploy custom smart contracts that form the backbone of your Web3 application. Our development process is built on security-first principles, utilizing OpenZeppelin libraries and rigorous internal audits before deployment to mainnet.

  • Token Standards: ERC-20, ERC-721, ERC-1155, and custom implementations.
  • DeFi Protocols: Automated Market Makers (AMMs), lending/borrowing pools, staking mechanisms.
  • Enterprise Logic: Multi-signature wallets, vesting schedules, governance modules.
  • Full Audit Trail: Comprehensive documentation and NatSpec comments for every function.

We deliver gas-optimized, upgradeable contracts with a clear path for future iterations, ensuring your protocol remains competitive and secure.

tech-stack
BUILT FOR RELIABILITY

Technology & Protocol Stack

Our parachain development leverages battle-tested frameworks and security-first protocols to deliver a resilient, high-performance foundation for your device coverage network.

Substrate Parachain Development

Frequently Asked Questions

Get clear answers on building a blockchain for device failure coverage. We detail our process, timelines, and security standards.

From initial design to mainnet launch, a typical deployment takes 8-12 weeks. This includes a 2-week discovery phase, 4-6 weeks of core development (pallet design, on-chain logic), 2 weeks for internal testing and security audits, and a final 2-week deployment and integration period. Complex integrations with existing IoT systems can extend this by 1-2 weeks.

ENQUIRY

Get In Touch
today.

Our experts will offer a free quote and a 30min call to discuss your project.

NDA Protected
24h Response
Directly to Engineering Team
10+
Protocols Shipped
$20M+
TVL Overall
NDA Protected Directly to Engineering Team