Chinese Insurance Firms are using Blockchain for Coronavirus (COVID-19) Claims

JVanLier

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The Coronavirus is all anyone has spoken about for weeks now. Mostly, it has been for negative reasons, but there is something positive to come out of the whole ordeal - another use case of Blockchain Technology!


Insurance providers in China are using blockchain tech to fast track claims amid the coronavirus (covid-19) outbreak, and here is exactly how they have done that: https://4king.com/chinese-insurance-firms-are-using-blockchain/

Do you think we will be seeing more and more real-life use cases?
 

PiroSense

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Do you think we will be seeing more and more real-life use cases?
Blockchain can indeed help in storing and safekeeping these transactional data, ans there are a lot of other possible use cases for blockchain that only our creative minds is the limit.

Though we must be aware (and avoid) also that the word "blockchain" is often used to hype cryptocurrencies, which would just result for it to be overbought, and another bubble might burst.