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INSURTECH – Inspiring People and Offering Opportunities

While InsurTech offers benefits via process efficiencies, cost reductions, or radical changes to the customer, it was under the late adoption category when compared to other financial industry sectors, as per a report from Deloitte. Figuring the current state of InsurTech, it is found by Accenture that InsurTech deals in the USA are still the […]

Blockchain adoption across Industries

Do you have a favorite shop from where you make the purchases? How about a network created by the shop with each user as a node, he could access all his receipts, the order history, etc. Imagine all that data at one place, accessed JUST BY YOU, and you could use it for your analysis as which […]

The dark side of Bitcoin/Cryptocurrency

What is Bitcoin/Cryptocurrency? “Cryptocurrency is a digital currency that is managed by using one of the most advanced encryption techniques called cryptography to secure its transactions. Bitcoin was the first decentralized cryptocurrency which was created in 2009.” Bitcoin is crushing the markets with its high evaluations and a lot of interest from general people. It is not the only one, […]

Insurance sector is getting renovated with these technologies

After the entry of technologies in finance sector – FinTech. Insurance sector is ready to make a buzz about it. The term – InsurTech, a combination of words insurance and technology, as a segment is sure to gain the attention of innovators in the coming years. Artificial Intelligence, Machine Learning and Blockchain technologies will be […]

Business Applications of Blockchain

What is Blockchain: A distributed ledger – It tracks ownerships through historical assets and identities – and everyone has a copy. Unique Tokens – long numbers are tracked through the ledger Anonymized Processing / Mining – transactions are processed through miners. Immutable, encrypted, pseudo anon – and they are immutable once they’ve happened, and are […]

What is Blockchain Technology?

“Bitcoin is just one example of something that uses a blockchain. Cryptocurrencies are just one example of decentralized technologies. And now that the Internet is big enough and diverse enough, I think we will see different flavors of decentralized technologies and blockchains. I think decentralized networks will be the next huge wave in technology. The […]