Smart Contracts in the Insurance Industry With technology evolving at breakneck speed, the insurance industry faces many opportunities and challenges. Trade publications publish articles daily about how new technologies assist insurance companies in fixing or integrating this thing or that […]
Decentralized autonomous organizations, or DAOs, are entities with no central leadership. The entire community makes decisions regarding the organization’s governance from the ground up, and a blockchain enforces a specific set of governance rules. DAOs are born and live on […]
With the advent of blockchains, several systems of on and off-chain governance have been developed. They are designed to manage and implement changes to the blockchain. Because of their on the net nature, the majority of cryptos are moving their […]
Smart Contracts and Financial Services With Ethereum, the world was brought a whole new system of smart contracts, and they offer many benefits. Smart contracts are tamper-resistant, self-executing, and self-verifying. They are already changing banking, allowing error-free insurance claim processing, […]
The global blockchain market was valued at US $3.67 in 2020 and is expected to expand at a CAGR of 82.4% between 2021 and 2028. As cryptocurrency becomes more widely accepted globally, it is becoming a driving force for blockchain […]
While everyone has been focused on how cryptocurrencies may turn people to become billionaires overnight, the most exciting aspect of this new technology – blockchain — has been overlooked. Cryptocurrencies are powered by blockchain. However, its powers extend far beyond […]
The market for augmented reality (AR) technology continues to grow, with projections placing it at $18 billion by 2023. The last few years have seen AR applications move from gimmicks like Pokemon Go! to supporting critical business functions, spanning several […]
Polkadot, launched in 2020, is being called a third-generation blockchain technology that has the ability to build user-created, interconnected blockchains on top of it. It is adding functionality and more straightforward interoperability between blockchains that have not been seen before. […]
When looking at trends that impact family offices one must be vigilant, as it can be complex at times. However, despite the complexity of the movement in the market, trends can also be extremely interesting to watch. Trends that potentially […]
The insurance sector is transforming rapidly, thanks to advancements in computing power, technology, connectivity, and access to vast amounts of data. Throughout the 2020s, the pace of change will likely continue as industry incumbents, and consumers alike become accustomed to […]
