Team name: SimplyHackers
Team members Jenny, Vlad, Ash, Victor
Team leader: Craig
What problem are you trying to solve?:
Low level of transparency around insurance claim process for relevant stakeholders (claimant, insureds, agents, insurers, adjusters, solicitors, etc)
No automatic connection between claims and original policies.
Multiple parties involved in claims process potentially working on different versions of the truth.
Why do you think Blockchain/SmartContract may be the right approach?:
Blockchains and SmartContracts provides process integrity to the claim process through disintermediation, transparency, and immutability of data. This would lead to improved trust, lower cost, improved responsiveness, and faster transactions.
API/DATA/Gadget you are thinking about using:
Ethereum solidity, node.js, web3, Geth-Ethereum test network, nedb (js database)
Team name: SimplyHackers
Team members Jenny, Vlad, Ash, Victor
Team leader: Craig
What problem are you trying to solve?:
Low level of transparency around insurance claim process for relevant stakeholders (claimant, insureds, agents, insurers, adjusters, solicitors, etc)
No automatic connection between claims and original policies.
Multiple parties involved in claims process potentially working on different versions of the truth.
Why do you think Blockchain/SmartContract may be the right approach?:
Blockchains and SmartContracts provides process integrity to the claim process through disintermediation, transparency, and immutability of data. This would lead to improved trust, lower cost, improved responsiveness, and faster transactions.
API/DATA/Gadget you are thinking about using:
Ethereum solidity, node.js, web3, Geth-Ethereum test network, nedb (js database)