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Blockchain Quick Start Guide
book

Blockchain Quick Start Guide

by Xun (Brian) Wu, Weimin Sun
December 2018
Intermediate to advanced
222 pages
6h 6m
English
Packt Publishing
Content preview from Blockchain Quick Start Guide

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: 9781789807974