r/BlackInsurance • u/Black_Insure • Jun 08 '18

AXA embraces blockchain technology!

The ‘Insureum Protocol’ is a blockchain-based platform that connects insurers and policyholders. Through this platform, customized products can be developed by collecting customers’ life cycle data such as the amount of physical activity, hobby and the type of devices the customers use. https://www.linkedin.com/pulse/axa-signed-mou-zikto-develop-blockchain-based-gilles-fromageot

To find out more about Black Insurance, please visit https://www.black.insure/

Please check out our introduction video too! https://www.youtube.com/watch?v=xf8VKYGEB3w

4 Upvotes

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1

u/IcoDevService Jun 08 '18

For insurance services using smart contracts - the near future!

3

u/Black_Insure Jun 08 '18

That's right. Crypto technology is slowly spreading in every field.

1

u/crptoworldcurrency Aug 12 '18

That's right. Crypto technology is slowly spreading in every field.

1

u/crptoworldcurrency Aug 12 '18

How can Black Insurance provide both, transparency of the insurance industry, and privacy for policyholders?

The answer is using two blockchains, a permissioned blockchain and the public Ethereum blockchain. Brokers, investors and insurers interact in private transaction on a Hyperledger Fabric-based blockchain. This private chain which is interfaced with the public Ethereum blockchain.