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Autonomous Vehicles and Blockchain
File Type: Document, Infographic
https://www.blockchainresearchinstitute.org/project/autonomous-vehicles-and-blockchain/
Aug 31, 2019 - This project explores how blockchain technology will optimize the deployment of connected and autonomous vehicles (CAVs), including those with electric vertical takeoff and landing capabilities. It looks at the Mobile Open Blockchain Initiative, which involves 80 percent of world’s auto manufacturers and leading tech firms. It covers such implementation challenges as blockchain latency and scalability, communications network latency, device security, and regulation. Finally, it raises concerns about data privacy on immutable distributed ledgers as well as the legal liabilities of CAV ownership and usage.
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.
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.
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