Insurance is a paper business, with ever-changing conditions and the detection of fraudulent claims requiring transparency and interconnectivity. In this video we explain blockchain technology as a process optimizer, but for insurance companies it also has a role to play in the automated offering of insurances. Now that services are increasingly offered and consumed digitally it has become more important for parties to rely on insurance contracts to be provable and to be offered instantaneously. Blockchain technology can realize these benefits by allowing multiple parties to verify the existence of an insurance contract without human intervention, increasing speed in existing process flows that now require manual intervention.
We evaluated 10 projects in the agricultural and food sector that showcase the possibilities of applying blockchain technology and can help you to design better solutions, from top-down disruptors to bottom-up improvers and from provable successes to preventable failures.
How Nightfall blockchain can help you to transact privately on public networks
There are a lot of false stories circulating about blockchain. The following three misconceptions must be eliminated as a matter of urgency.
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