Blockchain to change the world of insurance
Monday, 03 06 2017, Category: Technology, Country: World
Blockchain is a technology based on the existence of a global database that records transactions and dates, filing and distributing them over a network of computers called “nodes”.
It is completely secured, unchangeable and continuously available. It remains open for reading or writing but has no supervising entity and no actor is assigned to operate it as it is autonomous.
Nearly 200 startups produce solutions based on this technology whereas 10% of them apply to insurance.
Source: Atlas Magazine