Efficiency improvements may be made with Blockchain. Fast payments, transparency, and safe data sharing with different parties are all made feasible. Since most insurance procedures are now manual, blockchain technology can help streamline insurance contracts’ paperwork to improve customer satisfaction
Blockchain: A sea of opportunities
The use of blockchain technology is spreading throughout the information technology industry. The majority of people are aware with well-known blockchain currencies (often referred to as cryptocurrencies), including Bitcoin and Ethereum. But blockchain is now much more than just a platform for online payments.A centralised management body, like a bank, is not required thanks to […]