Blockchain Insurance – Streamlining Insurance Process
Insurance startups and giants are exploring the potential of blockchain insurance to digitally store insurance records to prevent fraudulent claims.
Insurance startups and giants are exploring the potential of blockchain insurance to digitally store insurance records to prevent fraudulent claims.
Integrating Blockchain to the current P2P lending system can reduce delays, make quick approvals, eliminate the need for middlemen, and bring transparency.
Blockchain can improve the aviation safety by making information transparent to the different stakeholders like airline companies, passengers and auditors.
Blockchain IoT combined can have a huge impact in several industries. Here are some real-world products in Supply Chain, Smart Cities, Smart Homes and Sharing Economy that uses Blockchain IoT technology.
Possible application of blockchain is integrated it in health record collection, management and distribution.
These three Distributed Ledger Technologies eliminate the need for a centralized authority to keep a record of the transactions secure. But all these DLTs work on different algorithms to maintain records across multiple sites.