Blockchain Based Insurance Platform

Blockchain Based Insurance Platform

Blockchain integrated safest and secure upto infinity

Blockchain Based Insurance Platform

Blockchain Based Insurance Platform

Blockchain integrated safest and secure upto infinity

The problem Blockchain Based Insurance Platform solves

The insurance industry has a plenty of problems even though it is well-established and valuable - including inefficiency, fraud, human error and, most concerning of all, cyberattacks. Blockchain’s ability to create trust in a trustless ecosystem through the use of public ledgers and fortified cybersecurity protocols has positive implications for the insurance industry's future growth. In this project, Smart contracts enable blockchain users to transparently transfer anything of value without the interference of a middleman. Like physical contracts, smart contracts stipulate the rules between two parties. Unlike physical contracts, smart contracts can track insurance claims and hold both parties accountable.

Challenges we ran into

Fetching Contract Storage into frontend that's why we used pytezos a python framework to fetch that

Discussion