not approved
Insurance Claims Processing
Current Project Status
unfunded
Total
amount
Received
amount
Received
$0
Total
amount
Requested
amount
Requested
$150,000
Total
Percentage
Received
Percentage
Received
0.00%
Solution
Claims data is written to the ledger and the process between the parties is automated, tokens reward honesty, honest actors are rated.
Problem
Insurance fraud costs the UK around £1.3bn, applying dApps and tokenisation to the insurance process this could be greatly reduced.
Addresses Challenge
Feasibility
Auditability
Impact