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Blockchain Development with Hyperledger
book

Blockchain Development with Hyperledger

by Salman A. Baset, Luc Desrosiers, Nitin Gaur, Petr Novotny
March 2019
Intermediate to advanced
636 pages
27h 50m
English
Packt Publishing
Content preview from Blockchain Development with Hyperledger

Issuance claim

In this section, we will explore and implement an issuance claim use case. 

No one wants to have an insurance claim, but when things do go wrong and accidents happen, this may result in financial losses. These losses will be covered by your insurance policy. The traditional insurance claims process has stayed the same for decades, as there are a number of key issues in the process, including false claims, fraud detection, slow and complex claims processing, human error, undesirable customer experience, and inefficient information flows in reinsurance.

With blockchain, the transaction record in the ledger is immutable and the state data can only be updated when all parties agree. The record in the blockchain can be shared in ...

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Publisher Resources

ISBN: 9781838649982