• Revolutionizingthe traditional insurance industry, are you on the BIG insurancechain?

    Economiesare reforming; insurance industry is facing transformation Withthe continuous waves of disruptive innovation, the insurance industryis transforming far faster than digital transformation. Changes incustomer demand and the reform of the economy are gradually changingthe industry. The emergence of blockchain technology not onlyproposes brand-new solutions to the issues faced by traditionalinsurance, but also solves insurance’s “last mile” problem,that is, preventing moral hazard, protecting customer privacy, andensuring information security. Blockchain is bound to bring hugechanges to the insurance industry. Theinsurance industry itself is more complicated, because it involvesconsumers, insurers, intermediaries, reinsurers, and...