Blockchain & the Digital Transformation of Property Insurance
File Type: Document, Infographic
https://www.blockchainresearchinstitute.org/project/property-insurance/
Nov 24, 2020 - This project explores applications of blockchain technologies to the market for property insurance. The authors explain how distributed ledgers could simplify and speed up both proof of insurance and the processing of insurance claims and open up markets for microinsurance. Property insurers and insurtech innovators could offer a new generation of radically simplified and less expensive insurance products with simpler terms automated through smart contracts, which would reduce much of the operating costs of traditional insurance companies, their actuaries, accountants, and adjustors.
Keyword: AP Møller-Mærsk,
B3i,
ConsenSys Diligence,
Etherisc,
financial services,
Insurwave,
LexisNexis Risk Solutions,
parametric,
SafeShare Global,
SDG 10,
SDG 9,
State Farm Insurance,
USAA
Blockchain and the Disruption of the Life Insurance Industry
File Type: Document, Infographic
https://www.blockchainresearchinstitute.org/project/blockchain-and-the-disruption-of-the-life-insurance-industry/
Dec 23, 2019 - This research explores how blockchain technologies could address the challenges of the market for life insurance. Through initiatives such as open IDL and consortia such as B3i and The Institutes RiskStream Collaborative, the insurance industry is exploring use cases where blockchain could deliver near-seamless automated processes, more secure data sharing, uniform compliance, and better fraud prevention. New business models such as peer-to-peer insurance and insurance-as-a-service will likely gain traction as insurance technology start-ups move into life insurance.
Keyword: Canopy,
Etherisc,
financial services,
Gjensidige Forsikring,
Hyperledger Fabric,
insurtech,
life & annuity,
LIMRA,
Mortality Monitor,
Nexus Mutual,
R3 Corda,
RGAx,
SDG 10,
SDG 3,
SDG 9,
Trustlayer.io
Agriculture on the Blockchain
File Type: Document, Infographic
https://www.blockchainresearchinstitute.org/project/agriculture-on-the-blockchain/
Dec 15, 2017 - This research looks at smart contracts and distributed ledger technology applied to farming and food sustainability. Its use cases include food provenance and food safety from farm to fork, local agricultural cooperatives creating local prosperity, and financial innovations in funding and insurance tailored to underserved communities of farmers.
Keyword: AgriDigital,
AgriLedger,
Canadian Cattle Genome Project,
energy & resources,
Etherisc,
Everex.io,
FarmShare,
Global Impact Ledger,
government,
INSCATECH,
Intellichain,
IoT,
parametric insurance,
proof of impact,
provenance,
SDG 1,
SDG 10,
SDG 2,
The Fork,
traceability,
UN/CEFACT
Blockchain In Commercial Insurance
File Type: Document, Infographic
https://www.blockchainresearchinstitute.org/project/commercial-insurance/
Nov 21, 2019 - Insurance is a significant industry worldwide: in 2017, total global gross written premiums tallied $4.8 trillion. In this white paper, Henry Kim and Muhammad Izhar Mehar of the Schulich School of Business offer clear guidance for evaluating potential blockchain use cases in commercial insurance. They take a “first principles” approach rooted in historical and economic perspectives and provide a more scientific framework for comparisons. It is a practical work for professionals responsible for sizing up the potential of distributed ledger technology in the insurance industry.
Keyword: AIG,
Allianz,
American Association of Insurance Services (AAIS),
ANZ Bank,
Blockchain Insurance Industry Initiative (B3i),
ChainThat,
contributionship,
financial services,
Insurwave,
Mattereum,
openIDL,
R3,
SDG 10,
SDG 17,
SDG 9,
Standard Charter,
Suncorp,
Sweetbridge,
Willis Re,
York University
Mt Pelerin Banking on the Blockchain
File Type: Document, Infographic
https://www.blockchainresearchinstitute.org/project/mt-pelerin-banking-on-the-blockchain/
Apr 15, 2020 - This case study looks at Mt Pelerin, which works like a Swiss Army knife in the banking ecosystem. Its full-reserve custodian banking business model excludes on-balance sheet credits, which represents a shift from mainstream banking. Its Ethereum-based open source solution facilitates asset management and cuts ever-increasing compliance costs. It is a must-read for leaders of small to medium enterprises as well as financial service industry innovators.
Keyword: AGPL-3.0,
AML/KYC,
capital adequacy requirements,
financial services,
FINMA,
fintech license,
fractional banking,
FX,
initial digital offering,
SDG 16,
SDG 8,
SDG 9,
security token offering,
Swiss National Bank
Blockchain Takes Off
File Type: Document, Infographic
https://www.blockchainresearchinstitute.org/project/blockchain-takes-off/
Oct 23, 2017 - This research looks at innovation to improve the passenger experience in terms of ticketing efficiencies, frequent flyer rewards, and passenger compensation and to maximize crew flight bookings, maintenance, safety record keeping, the capacity of charter flight, and efficiencies in cargo, customs, and clearing.
Keyword: air traffic control,
augmented reality,
cargo,
customs,
digital ID,
EASA,
FAA,
frequent flyer,
IATA,
ICAO,
Lufthansa Systems,
MRO,
pilot training,
RampVR,
transportation
