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Decentralization of Insurance Innovation for Your Protection

16/11/202326/11/2023

Smart Contracts and Their Role in Insurance

04/06/202226/11/2023

Types of Projects in the Decentralized Finance Segment

07/05/202126/11/2023

How to Use Blockchain in Insurance?

11/06/202026/11/2023

Insurance of Cryptocurrency Accounts and Transactions, Hedging Risks in the Cryptoeconomy of the Future

02/05/201926/11/2023

Overview of Insurance Startups Using Blockchain Technology

27/12/201826/11/2023
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Month: June 2020

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How to Use Blockchain in Insurance?

The insurance industry is a huge market. For example, in the United States alone, the volume of net insurance premiums paid in 2019 amounted to...

Jeffrey Scott
11/06/202026/11/2023

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Decentralized blockchain insurance is an innovative approach to security and interest protection through the use of blockchain technology. This innovative insurance trend eliminates the role of intermediaries and is based on smart contracts, making the process more efficient, transparent and accessible to participants.

cryptocurrency
DeFi
web3
decentralized
bitcoin

One of the main features of decentralized insurance on blockchain is the absence of central management. Blockchain technology allows the creation of smart contracts that are automatically honored when certain conditions occur. This eliminates the need to trust insurance companies or intermediaries, as the terms of the insurance are written in code and executed automatically.

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