Ethereum insurance
Eth is the Federal Institute of technology of Zurich, located in Zurich, Switzerland. It is a world-renowned top research university. For many years, it has ranked first in European universities and enjoys the reputation of "the first university in Europe". It ranks sixth in the world in the comprehensive ranking of QS World Universities in 2020
The Federal Institute of technology in Zurich was founded by the Swiss Federation in 1854 and began to teach as a technical college in 1855. Initially, it consisted of six faculties of architecture, civil engineering, mechanical engineering, chemistry and forestry, as well as an organization integrating mathematics, natural sciences, literature, social sciences and politicsthe Federal Institute of technology of Zurich ranked 9th in the world in the 2016 QS World University comprehensive ranking; In 2017, QS ranked the eighth in the world; Ranked 10th in the world in the comprehensive ranking of QS World Universities in 2018; Ranked 7th in the world in the comprehensive ranking of QS World Universities in 2019; In 2020, QS ranked the sixth in the world
the development status of eth
the Swiss Federal Institute of technology was established by the Swiss Federal Government in 1855 for the needs of national instrialization, which is a Federal University. It is not only for its own development, but also for the whole country, Europe and even the world to engage in scientific research. At the beginning, the university only had civil engineering, forest science, mechanical engineering and chemistry, and then added humanities, sociology and political science
the school has 26000 teachers and students from more than 100 countries in 16 departments, and its teaching and research fields include architecture, engineering, mathematics, natural science, social science and management science. For eth, the number of students enrolled and tuition fees are not considered at all. With the support of the federal government, the college receives as much as 9.2 billion Swiss francs a year for ecation, which does not include the use of property management and new teaching facilities
the college has also received up to 3 billion Swiss francs from third-party funding and its own technology transformation. All these funds are used for school running and scientific research, or most of them are directly used for more than 20000 students and 500 professors (full-time equivalent personnel of more than 9000 person years)
Even so, ETH continues to say that it is short of money in its annual reports in recent two years, and the reason is very simple. In order to compete with other institutions (universities), our independence is the most important, so we need a long-term sustainable financial supportlast year, we expanded the enrollment of 4% of the students. At present, the number of students is 156% of that ten years ago, the number of professors has increased by 23%, and the number of scientific research personnel has increased by 53%. However, the government's scientific research funding has only increased by 42%, and the available area for ecation has only increased by 7%. We are facing great challenges
However, it is not surprising in Switzerland. Due to its unique ecation system, all resources in Switzerland are concentrated in 10 universities and 2 federal polytechnics. In other words, there are only 12 universities at the level of higher ecation, and the country is not short of money, so the current situation is formedblockchain 1.0 mainly refers to bitcoin. Blockchain 2.0 extends to all assets, while blockchain 3.0 goes beyond currency, finance, even commerce, and all areas of our lives, including politics, social relations, ecation, medical care, etc. According to the prediction and conception of people in the instry, the era of blockchain 3.0 will be realized in the next five years. At that time, blockchain will be recognized and accepted by all the public like the Internet, thus completely subverting our lives
McKinsey has submitted a technical report on blockchain to the Federal Insurance Advisory Committee of the United States. The report calls 2009-2016 the "Dark Age" and believes that all blockchain solutions ring this period are based on bitcoin, and the new era of blockchain will begin in 2016. At that time, the application of blockchain will become unprecedented. Applying an original sentence in McKinsey report: Based on the current development speed of blockchain, we believe that blockchain solutions may realize their full potential in the next five years.
4001995511 has been marked as Ping An insurance of China by many netizens in September 2018, Ping An insurance (Group) Co., Ltd. of China and Huaxia Xingfu Jiye Co., Ltd. signed a strategic cooperation agreement. The two sides will become strategic cooperative enterprises and strengthen cooperation in the fields of instrial new town, comprehensive financial services and collaborative development of emerging instries in March 2019, Ping An insurance group of China (Ping An of China) and singularitynet, a decentralized artificial intelligence (AI) start-up based on Ethereum (ETH), reached a cooperation. The cooperation between the two sides will first focus on optical character recognition (OCR), computer vision (CV) and model training extended data: in 2019, it was selected into the top 100 most valuable brands of brandz in the world in 2019 on July 10, 2019, the fortune China top 500 list was released, and Ping An of China ranked fourth on July 22, 2019, Ping An insurance (Group) Co., Ltd. of China won the 22nd place among the top 50 most profitable companies of the world's top 500 in 2019 with a profit of 16237.2 (million US dollars) in August 2019, he was selected as "China's top 50 best board of directors" of fortune on August 29, 2019, Guangdong Enterprise Federation and Guangdong Entrepreneurs Association jointly announced the list of top 500 Guangdong enterprises in 2019, and Ping An insurance (Group) Co., Ltd. of China ranked first; Guangdong Enterprise Federation and Guangdong Entrepreneurs Association jointly released the top 100 list of Guangdong service instry in 2019, and Ping An insurance (Group) Co., Ltd. of China ranked first
RSK smart contract is a smart contract platform based on bitcoin blockchain. RSK (rootstock) has been an eye-catching development platform since its concept was proposed. In essence, RSK is to build a decentralized and Turing complete intelligent contract platform similar to Ethereum. However, RSK is based on the bitcoin ecosystem rather than an independent blockchain. The specific way is to use the side chain technology. This approach has both challenges and great advantages
smart contract platform:
smart contract is the current research hotspot. Nick Szabo came up with the idea 20 years ago. Generally speaking, it is an electronic contract that can be executed automatically based on trigger conditions. Smart contract is the next generation of procts to realize automatic execution in various business environments, which may subvert the existing business model. For example, on-demand economy, such as insurance contract customized according to each journey, reaching the set end of the journey or writing a program to determine, and then the insurance contract ends. This insurance mode can even be connected to P2P mode, which makes traditional insurance companies useless. These simple examples can be realized through RSK smart contract platform
The advantages of RSK:
RSK has many innovations. Firstly, Turing complete virtual machine is compatible with Ethereum virtual machine. Ethereum contracts can be run on RSK virtual machines. The goal of RSK is to achieve 20 seconds block time and 300 transfer transactions (TPS) per second at the first launch, which can be expanded to 1000 TPS. It has reached the level of PayPal, but it has not reached the throughput of credit card network. Compared with other platforms, the biggest advantage of RSK is the combined mining of bitcoin, and the security level is equal to that of bitcoin network. But it also needs to persuade miners to implement. RSK revealed that they will make miners profitable, and the implementation of the contract round fees will make miners profitable. It is likely that the RSK platform will be very popular and the contract execution will reach a stable level