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#buzzvault bringing #tech home #insurance overhaul
These self-proclaimed "InsurTech" Veterans describe the Blockchain involvement of their product as follows:
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Built on the blockchain
We use the latest cutting edge technology which empowers you to share your data on your terms. Your data is stored on the blockchain, ensuring the most private and secure record possible.
We use the latest cutting edge technology which empowers you to share your data on your terms. Your data is stored on the blockchain, ensuring the most private and secure record possible.
Can somebody explain to me how storing vast amount of consumer data on "the BlockChain" can be efficient and how storing any data on "the Blockchain" can be secure or private. Did they miss the whole distributed ledger concept or what are they talking about?
