The synergy between Insurance and Blockchain.

[lukas_kai]

Sharing my insights on ways how blockchain will revolutionise the insurance industry! Short few minutes read.

https://medium.com/aigang-network/the-synergy-between-insurance-and-blockchain-77da2849c211

Would appreciate comments, discussion and feedback.

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[anryze]

I think it will be great to put all steps of insurance process in blockchain if smth bad happened, like each document signed, all facts of accident etc.

[nathanghart]

It can be done but I think it more suited to use with Ethereum instead.
Due to the use of their Smart Contract Technology.
I think that makes it a match made in heaven when it comes to insurance holding and the blockchain technologies use in this scenario.

[btccashacc]

I think insurance company should adopt blockchain technology soon, cause there are so many advantageous that between insurers and consumer can get, insurance well suited with blockchain technology. We as the consumer want something fast, transparent, and secure and the blockchain is the answer. In the other hand this will reduce company costs since the company doesn't need for third party to handle the transaction, all of the traditional activities can be handled by the blockchain almost instantly.