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2023-09-22T16:15:11+00:00 - Translate

Blockchain and Smart Contracts: Reshaping Insurance Technology Trends | #smart contracts insurance use cases

Blockchain and Smart Contracts: Reshaping Insurance Technology Trends

Blockchain and Smart Contracts: Reshaping Insurance Technology Trends

Another notable use case is parametric insurance. Smart contracts can be programmed to pay out based on external data sources, such as weather conditions or financial indices. This enables insurers to offer innovative policies that provide rapid, predetermined payouts in cases like natural