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Blockchain insurance
Publish: 2021-03-29 16:50:45
1. The insurance process can be divided into blockchains. The insured can be any institution or indivial, and the policy terms can also be customized by community professionals; Data storage is more secure, because every "decentralized" node will share, there is no private tampering problem; The smart contract is executed automatically, and the claim settlement process will not be controlled by external forces. In general, the integration of blockchain and insurance can greatly improve the efficiency of the insurance instry
for example, there is gre global risk exchange.
for example, there is gre global risk exchange.
2. 1.
blockchain makes the insurance instry personalized. The so-called personalized insurance mainly refers to that insurance companies can perform different insurance liabilities according to different scenarios, and automatically claim the losses caused by sudden risks according to the relevant agreements in the insurance contract
2.
blockchain helps emerging markets of insurance instry. In some emerging markets, blockchain can use its smart contract function to deal with small and micro businesses...
3.
blockchain can improve customer participation in insurance instry, Customer data can be said to be the basic basis for risk management...
4.
blockchain can be applied to special risks in the insurance instry. Generally speaking, if you need to buy insurance for artworks or other valuables
blockchain makes the insurance instry personalized. The so-called personalized insurance mainly refers to that insurance companies can perform different insurance liabilities according to different scenarios, and automatically claim the losses caused by sudden risks according to the relevant agreements in the insurance contract
2.
blockchain helps emerging markets of insurance instry. In some emerging markets, blockchain can use its smart contract function to deal with small and micro businesses...
3.
blockchain can improve customer participation in insurance instry, Customer data can be said to be the basic basis for risk management...
4.
blockchain can be applied to special risks in the insurance instry. Generally speaking, if you need to buy insurance for artworks or other valuables
3. First of all, let me tell you about the core technology of blockchain
blockchain mainly solves the trust and security problems of transactions, so it proposes four technological innovations for this problem:
the first one is called distributed ledger, which is that transaction bookkeeping is completed by multiple nodes distributed in different places, and each node records complete accounts, Therefore, they can participate in the supervision of the legitimacy of the transaction, but also can jointly testify for them. Different from the traditional centralized accounting scheme, no single node can record accounts separately, so as to avoid the possibility that a single bookkeeper is controlled or bribed to record false accounts. On the other hand, because there are enough accounting nodes, in theory, unless all nodes are destroyed, the accounts will not be lost, thus ensuring the security of the account data
the second is called symmetric encryption and authorization technology. The transaction information stored on the blockchain is public, but the account identity information is highly encrypted, which can only be accessed under the authorization of the data owner, thus ensuring the data security and personal privacy
the third mechanism is called consensus mechanism, which is how to reach a consensus among all accounting nodes to determine the validity of a record. This is not only a means of identification, but also a means of preventing tampering. Blockchain proposes four different consensus mechanisms, which are suitable for different application scenarios and achieve a balance between efficiency and security. Taking bitcoin as an example, the workload proof is adopted. Only when more than 51% of the accounting nodes in the whole network are controlled can a nonexistent record be forged. When there are enough nodes to join the blockchain, this is basically impossible, thus eliminating the possibility of fraud
the last technical feature is called smart contract, which is based on these trusted and tamperable data and can automatically execute some pre-defined rules and terms. Take insurance as an example. If everyone's information (including medical information and risk occurrence information) is true and reliable, it is easy to carry out automatic claim settlement in some standardized insurance procts
in the daily business of insurance companies, although the transactions are not as frequent as those in the banking and securities instries, the reliance on trusted data is increasing. During the operation of insurance companies, risks caused by various reasons occur from time to time, so the regulatory authorities can only take measures of pre audit or post constraint. However, with the increasing opening of the front end of the insurance business, enterprises participating in the insurance market are becoming more and more diversified, and the demand for in-process supervision is becoming increasingly prominent
as long as the insurance company moves its daily operation process to the blockchain and develops an accounting node (even a read-only accounting node) from the regulatory authority, the regulatory authority can observe all the business trends of the insurance company in real time. Tongxin society is the first domestic application project of blockchain technology and an open mutual aid information service platform. For example, there is no need to wait for the insurance company to declare afterwards, so as to discover the possible business risks and illegal operations in time.
blockchain mainly solves the trust and security problems of transactions, so it proposes four technological innovations for this problem:
the first one is called distributed ledger, which is that transaction bookkeeping is completed by multiple nodes distributed in different places, and each node records complete accounts, Therefore, they can participate in the supervision of the legitimacy of the transaction, but also can jointly testify for them. Different from the traditional centralized accounting scheme, no single node can record accounts separately, so as to avoid the possibility that a single bookkeeper is controlled or bribed to record false accounts. On the other hand, because there are enough accounting nodes, in theory, unless all nodes are destroyed, the accounts will not be lost, thus ensuring the security of the account data
the second is called symmetric encryption and authorization technology. The transaction information stored on the blockchain is public, but the account identity information is highly encrypted, which can only be accessed under the authorization of the data owner, thus ensuring the data security and personal privacy
the third mechanism is called consensus mechanism, which is how to reach a consensus among all accounting nodes to determine the validity of a record. This is not only a means of identification, but also a means of preventing tampering. Blockchain proposes four different consensus mechanisms, which are suitable for different application scenarios and achieve a balance between efficiency and security. Taking bitcoin as an example, the workload proof is adopted. Only when more than 51% of the accounting nodes in the whole network are controlled can a nonexistent record be forged. When there are enough nodes to join the blockchain, this is basically impossible, thus eliminating the possibility of fraud
the last technical feature is called smart contract, which is based on these trusted and tamperable data and can automatically execute some pre-defined rules and terms. Take insurance as an example. If everyone's information (including medical information and risk occurrence information) is true and reliable, it is easy to carry out automatic claim settlement in some standardized insurance procts
in the daily business of insurance companies, although the transactions are not as frequent as those in the banking and securities instries, the reliance on trusted data is increasing. During the operation of insurance companies, risks caused by various reasons occur from time to time, so the regulatory authorities can only take measures of pre audit or post constraint. However, with the increasing opening of the front end of the insurance business, enterprises participating in the insurance market are becoming more and more diversified, and the demand for in-process supervision is becoming increasingly prominent
as long as the insurance company moves its daily operation process to the blockchain and develops an accounting node (even a read-only accounting node) from the regulatory authority, the regulatory authority can observe all the business trends of the insurance company in real time. Tongxin society is the first domestic application project of blockchain technology and an open mutual aid information service platform. For example, there is no need to wait for the insurance company to declare afterwards, so as to discover the possible business risks and illegal operations in time.
4. Easy chips EAS summed up a sentence to describe the blockchain is the most appropriate: professional, real, fast. And can use the virtual currency transaction! Please accept my answer. Thank you very much. If there is any need, you can ask, thank you!
5. To answer this question, let's first introce the core technology of blockchain and the current insurance instry<
Introction to the core technology of blockchain
blockchain mainly solves the trust and security problems of transactions, so it proposes four technological innovations to solve this problem:
the first one is called distributed ledger, which is that transaction bookkeeping is completed by multiple nodes distributed in different places, and each node records complete accounts, Therefore, they can participate in the supervision of the legitimacy of the transaction, but also can jointly testify for them. Different from the traditional centralized accounting scheme, no single node can record accounts separately, so as to avoid the possibility that a single bookkeeper is controlled or bribed to record false accounts. On the other hand, because there are enough accounting nodes, in theory, unless all nodes are destroyed, the accounts will not be lost, thus ensuring the security of the account data
the second is called symmetric encryption and authorization technology. The transaction information stored on the blockchain is public, but the account identity information is highly encrypted, which can only be accessed under the authorization of the data owner, thus ensuring the data security and personal privacy
the third mechanism is called consensus mechanism, which is how to reach a consensus among all accounting nodes to determine the validity of a record. This is not only a means of identification, but also a means of preventing tampering. Blockchain proposes four different consensus mechanisms, which are suitable for different application scenarios and achieve a balance between efficiency and security. Taking bitcoin as an example, the workload proof is adopted. Only when more than 51% of the accounting nodes in the whole network are controlled can a nonexistent record be forged. When there are enough nodes to join the blockchain, this is basically impossible, thus eliminating the possibility of fraud
the fourth technical feature is called smart contract, which is based on these trusted and tamperable data and can automatically execute some pre-defined rules and terms. Take insurance as an example. If everyone's information (including medical information and risk occurrence information) is true and reliable, it is easy to carry out automatic claim settlement in some standardized insurance procts<
risk management of policyholders
in the current insurance business, disputes between insurance companies and policyholders occur from time to time, either the policyholders provide false personal information to defraud insurance, or there are differences in the determination of exemption clauses when settling claims. The key to these problems lies in the lack of a real and reliable data collection and storage means for the personal information of the insured
with the advancement of national systematic projects such as medical information digitization and personal credit system, more and more authoritative data sources appear. If these data can be introced and stored on the blockchain, it will become the digital identity of everyone. The data above is authentic, can't be tampered with, real-time synchronization and life-long validity, It will bring great benefits to the risk management of the insured
the first is to get through the data between different companies and refer to each other, so as to discover the information of repeated insurance and historical claims in time, and discover high-risk users in time
secondly, introcing data from different instries into the blockchain can improve the accuracy and efficiency of underwriting and claims verification. For example, if you can query all the medical records of the insured, even the medical records of the immediate family members, on the blockchain, you will have first-hand information about the current physical condition, disease history and family history of the insured, effectively eliminating the insurance with diseases
for example, at present, China's first network mutual aid platform using blockchain technology as the core is concentric mutual aid. On the basis of traditional mutual aid platform, with the help of blockchain technology, it realizes decentralized information sharing, innovates and realizes comprehensive and transparent operation, and builds a fair, just, open, safe and efficient open mutual aid information service platform for the public.
Introction to the core technology of blockchain
blockchain mainly solves the trust and security problems of transactions, so it proposes four technological innovations to solve this problem:
the first one is called distributed ledger, which is that transaction bookkeeping is completed by multiple nodes distributed in different places, and each node records complete accounts, Therefore, they can participate in the supervision of the legitimacy of the transaction, but also can jointly testify for them. Different from the traditional centralized accounting scheme, no single node can record accounts separately, so as to avoid the possibility that a single bookkeeper is controlled or bribed to record false accounts. On the other hand, because there are enough accounting nodes, in theory, unless all nodes are destroyed, the accounts will not be lost, thus ensuring the security of the account data
the second is called symmetric encryption and authorization technology. The transaction information stored on the blockchain is public, but the account identity information is highly encrypted, which can only be accessed under the authorization of the data owner, thus ensuring the data security and personal privacy
the third mechanism is called consensus mechanism, which is how to reach a consensus among all accounting nodes to determine the validity of a record. This is not only a means of identification, but also a means of preventing tampering. Blockchain proposes four different consensus mechanisms, which are suitable for different application scenarios and achieve a balance between efficiency and security. Taking bitcoin as an example, the workload proof is adopted. Only when more than 51% of the accounting nodes in the whole network are controlled can a nonexistent record be forged. When there are enough nodes to join the blockchain, this is basically impossible, thus eliminating the possibility of fraud
the fourth technical feature is called smart contract, which is based on these trusted and tamperable data and can automatically execute some pre-defined rules and terms. Take insurance as an example. If everyone's information (including medical information and risk occurrence information) is true and reliable, it is easy to carry out automatic claim settlement in some standardized insurance procts<
risk management of policyholders
in the current insurance business, disputes between insurance companies and policyholders occur from time to time, either the policyholders provide false personal information to defraud insurance, or there are differences in the determination of exemption clauses when settling claims. The key to these problems lies in the lack of a real and reliable data collection and storage means for the personal information of the insured
with the advancement of national systematic projects such as medical information digitization and personal credit system, more and more authoritative data sources appear. If these data can be introced and stored on the blockchain, it will become the digital identity of everyone. The data above is authentic, can't be tampered with, real-time synchronization and life-long validity, It will bring great benefits to the risk management of the insured
the first is to get through the data between different companies and refer to each other, so as to discover the information of repeated insurance and historical claims in time, and discover high-risk users in time
secondly, introcing data from different instries into the blockchain can improve the accuracy and efficiency of underwriting and claims verification. For example, if you can query all the medical records of the insured, even the medical records of the immediate family members, on the blockchain, you will have first-hand information about the current physical condition, disease history and family history of the insured, effectively eliminating the insurance with diseases
for example, at present, China's first network mutual aid platform using blockchain technology as the core is concentric mutual aid. On the basis of traditional mutual aid platform, with the help of blockchain technology, it realizes decentralized information sharing, innovates and realizes comprehensive and transparent operation, and builds a fair, just, open, safe and efficient open mutual aid information service platform for the public.
6. The problem of insurance fraud has always been the malpractice of the traditional insurance instry. Whether it is the malicious deception of the insured or the insurance institutions using asymmetric information to cheat the insured, these are the problems that exist in the insurance instry and are difficult to solve
if the blockchain technology is combined with the insurance instry, and the openness and transparency of the blockchain technology are used, the fraud caused by information asymmetry will be effectively prevented. It can also make use of the characteristics of blockchain technology, such as non tampering and traceability, to effectively save the contract terms and provide a real and reliable basis for claims settlement
Insurance and blockchain
and in blockchain insurance, there is no need to pay a lot of enterprise operating costs. In the traditional insurance, the use efficiency of funds is very low. If it is changed to blockchain insurance mode, the insured amount will be extremely low but the claim amount will be extremely high
the above are the advantages of blockchain insurance. I hope we can help you understand why blockchain insurance is attached great importance.
if the blockchain technology is combined with the insurance instry, and the openness and transparency of the blockchain technology are used, the fraud caused by information asymmetry will be effectively prevented. It can also make use of the characteristics of blockchain technology, such as non tampering and traceability, to effectively save the contract terms and provide a real and reliable basis for claims settlement
Insurance and blockchain
and in blockchain insurance, there is no need to pay a lot of enterprise operating costs. In the traditional insurance, the use efficiency of funds is very low. If it is changed to blockchain insurance mode, the insured amount will be extremely low but the claim amount will be extremely high
the above are the advantages of blockchain insurance. I hope we can help you understand why blockchain insurance is attached great importance.
7. Although the application of blockchain technology in the insurance instry is mostly in the stage of technical verification, the rapid development of application scenarios indicates that the technology will bring transformative impact to the insurance instry. Some IT giants, such as Microsoft, IBM, Oracle, Alibaba and Tencent, have begun to lay out in the blockchain field, and some have even launched procts or services based on blockchain technology
according to the in-depth analysis report on business model innovation and investment opportunities of China's blockchain instry published by foresight Instry Research Institute, at present, the application of blockchain in the insurance instry at home and abroad mainly includes the following categories: the first category is to use blockchain technology to complete insurance contracts according to the established rules when a certain condition is triggered, such as flight delay insurance, flight delay insurance, etc Unemployment insurance, etc; The second is reinsurance and coinsurance. In the transaction matching and settlement of reinsurance and coinsurance business, blockchain is used to enhance the efficiency and transparency of transaction and settlement; The third type is used to track the proction / growth process of commodities. The traceable characteristics of blockchain are used to track the breeding process of agricultural procts or the proction and circulation of valuables
in the long run, the application of blockchain in the insurance instry is likely to bring revolutionary and disruptive changes e to its broad development prospects and numerous business convergence points.
according to the in-depth analysis report on business model innovation and investment opportunities of China's blockchain instry published by foresight Instry Research Institute, at present, the application of blockchain in the insurance instry at home and abroad mainly includes the following categories: the first category is to use blockchain technology to complete insurance contracts according to the established rules when a certain condition is triggered, such as flight delay insurance, flight delay insurance, etc Unemployment insurance, etc; The second is reinsurance and coinsurance. In the transaction matching and settlement of reinsurance and coinsurance business, blockchain is used to enhance the efficiency and transparency of transaction and settlement; The third type is used to track the proction / growth process of commodities. The traceable characteristics of blockchain are used to track the breeding process of agricultural procts or the proction and circulation of valuables
in the long run, the application of blockchain in the insurance instry is likely to bring revolutionary and disruptive changes e to its broad development prospects and numerous business convergence points.
8. At present, there are several blockchain network mutual aid companies in China. Among them, Tongxin mutual aid blockchain is the first technology to be applied in the network mutual aid instry. It has a complete blockchain customer service end. The company is also a blockchain start-up company, Abbott, which is a technology company. Its founder also has a successful entrepreneurial case, Yang Yong (CEO of Dolphin Browser); The other two are zhongtuobang and shuidi Huzhu. Zhongtuobang does not have blockchain technology, but it employs a blockchain team to help build blockchain (whether from blockchain design and typesetting, it is similar to ing Tongxin Huzhu blockchain); Shuidi Huzhu was founded by former meituan No.50 personnel. It has established a blockchain research laboratory, recruited blockchain technical talents, and is also a mutual aid platform for blockchain technology.
9. Using blockchain technology to transform and upgrade the traditional insurance instry, in addition to online insurance for risks in real life, we can also manage and trade risk contracts. Moreover, the decentralized transaction process of the blockchain can ensure the confidentiality of data and information, and because of the automatic execution mechanism of the smart contract, the claim settlement is also more guaranteed.
10. The security of Chongqing jinwowo network analysis blockchain technology is as follows:
1 - blockchain technology helps to strengthen the protection of customer information
2 - blockchain technology can further improve the consumption experience
3 - blockchain technology can rece the risk of information asymmetry
4 - blockchain technology can ensure the security, authenticity and reliability of transaction information.
1 - blockchain technology helps to strengthen the protection of customer information
2 - blockchain technology can further improve the consumption experience
3 - blockchain technology can rece the risk of information asymmetry
4 - blockchain technology can ensure the security, authenticity and reliability of transaction information.
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