Oasis Loss Modeling Framework

Oasys architecture is built for game developers, offering a high-speed, zero gas fee experience to users by combining the best of public L1 and private L2 blockchain technology solutions. Oasys is a public blockchain specializing in games. It is launching with support from renowned game companies to revolutionize "Blockchain for the games." Oasys is an EVM-compatible protocol that adopts the Oasys Architecture. This unique architecture consists of a multi-layered structure, hub-layer, a highly scalable layer 1; and verse-layer, a special layer 2 using Ethereum's layer 2 scaling solution. Normal optimistic rollups establish the network through trust in a mechanism to verify fraudulent transactions by fraud-proof from an unspecified number of parties. In contrast, Oasys' Optimistic rollups establish the network through trust in two factors. Oasys eliminates the 7-day challenge period from optimistic rollups and allows transactions to be approved instantly.

HurLoss is ARA's state-of-the-art hurricane catastrophe model designed for property insurers, reinsurers, brokers, and ILS managers to effectively manage risk in hurricane-prone regions. Since 1998, HurLoss has been the foundation for structural design in hurricane-prone states and has been utilized for federal emergency management and mitigation planning nationwide since 2003. The model offers a unified event set covering the entire North Atlantic basin, including the U.S., Caribbean, Bermuda, and parts of Canada, Mexico, and Central America. HurLoss is distinguished by its physics-based hurricane hazard modeling and engineering load and resistance modeling, starting with fundamental principles and validated through claims data. It incorporates future climate conditioning, allowing users to assess risks based on current and projected climatological data, including factors like sea surface temperature and wind shear.