Insurance As An Application Of Financial Systems In Blockchain Technology Training Ppt
This slide illustrates an overview of insurance as a blockchain application in financial systems and the current problem faced by the insurance sector. Insurance can be done via blockchain accounts using Ethereum smart contracts and decentralized apps, offering increased automation and tamper-proof audit trails. The inexpensive nature of smart contracts and associated transactions means that many items may be made more competitive in underdeveloped markets in developing countries.
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