保险经济区块链是什么,保险经济区块链概念

保险经济区块链是一种新型的技术，它将区块链技术与保险行业结合在一起，从而实现保险行业的智能化和可信化。它可以帮助保险公司进行更有效的管理，提高保险公司的效率，减少保险公司的成本，提高保险公司的服务质量，提高保险公司的客户满意度，并有助于改善保险行业的整体环境。

首先，去中心化是保险经济区块链的一个重要特点。它采用去中心化的方式，将保险行业的数据、流程、支付等信息存储在区块链上，构建一个分布式的保险网络，从而实现保险行业的透明化。同时，它还使用智能合约来确保参与者的权利和义务，保证参与者的安全性。

其次，数据可信化是保险经济区块链的另一个重要特点。它采用分布式账本技术，将保险行业的数据存储在区块链上，使保险行业的数据变得可信。同时，它还采用共识机制，实现对数据的实时验证，保证数据的真实性和安全性。

最后，智能合约是保险经济区块链的另一个重要特点。它可以使用智能合约来确保参与者的权利和义务，保证参与者的安全性，并实现参与者之间的信任。此外，它还可以用来实现自动化的赔付，有助于提高保险公司的服务质量和客户满意度。

总之，保险经济区块链是一种新型的技术，它将区块链技术与保险行业结合在一起，从而实现保险行业的智能化和可信化。它可以帮助保险公司进行更有效的管理，提高保险公司的效率，减少保险公司的成本，提高保险公司的服务质量，提高保险公司的客户满意度，并有助于改善保险行业的整体环境。它的关键特点包括去中心化、数据可信化和智能合约，它们将为保险行业带来新的发展机遇。

(i) Has blockchain technology been applied to the insurance industry?

Recently, Qulian Technology and China Life Property & Casualty Insurance held a meeting to strengthen cooperation and promote the development of the insurance industry empowered by technology. held talks and reached strategic cooperation. Both parties will give full play to the innovative potential of "technology + insurance", introduce blockchain technology into insurance, actively carry out insurance innovation, expand the effective supply of insurance, and promote the upgrading of local social governance and economic transformation and upgrading

(ii) What applications can blockchain technology have in the insurance industry?

Blockchain technology also has incomparable advantages in the insurance industry. From the perspective of data management, the application of blockchain technology by insurance companies can effectively improve risk management and control capabilities, including the risk supervision of insurance companies and the risk management of policyholders.

The application of blockchain technology in the insurance industry can strengthen the internal risk supervision of insurance companies. Blockchain technology can record the daily operating processes of insurance companies on nodes, and can achieve in-process control over the company's capital flow, investment status, compensation amounts and other businesses, and improve the company's risk management and control capabilities.

In addition, blockchain technology is safe, reliable, and cannot be tampered with at will, ensuring that the information obtained by the policy holder is true and effective, thereby enhancing the policy holder's risk management capabilities.

㈢Kangbao Coin-KBC: What shocking changes will blockchain technology bring to the insurance industry

Kangbao Coin KBC

1. About Medical insurance, what do you think of?

However, with the improvement of living standards and the opening of ideas, we have begun to have a new view of this slightly derogatory term, and slowly begun to accept it into our lives. For example: purchase various types of medical insurance on a regular basis, even if you have not been to the hospital for several years.

This is by no means a waste of money, but you are gradually starting to pay attention to your health. Since you are not sure what kind of accidents will happen in the future, you choose to reduce the risk through medical insurance - especially When the cost is acceptable.

The chart below shows statistical data from the World Health Organization and the World Bank, which shows that medical consumption as a whole has been on a fluctuating upward trend in recent years.

Medical consumption (trillions of US dollars)

However, you may also find that the development pace of insurance companies does not seem to keep up with the speed of this era. In this era, more and more attention is paid to In the Internet world of product user experience, you start to get tired of the tedious processes and low processing efficiency when handling insurance business, and you also need to pay a lot of service fees.

You are also beginning to get used to the fact that a lot of your private data is in the hands of insurance companies. After all, you have no idea what they will do with your information, and you even occasionally worry about some small insurance companies. Will he suddenly go bankrupt or even run away?

So is there a better option?

2. Mutual Aid Community - an optimized version of the insurance company

The business model of the "Mutual Aid Community" is very simple, just like when they were in school: each student pays 10 yuan as a Class fees are kept with the class leader and used for future class expenses.

"Mutual aid communities" are similar to class fees: some people spontaneously form a community, and each person regularly pays a sum of money as a certificate of joining, which is deposited with the community manager. If any member has an accident or accident later, Diseases can be compensated from the fund pool, and the money is shared equally by everyone in the community.

This is a great idea - you thought so at first, after all, it means no more paying service fees to the insurance company, and no more cumbersome and complicated forms. But as time goes by, you need to consider other issues: because the money is placed with the community manager, there may be problems with false reporting of information; of course, if you know a little bit about economics, you will also know that due to annual inflation, your funds will The funds in the pool will depreciate year by year (because they cannot generate current income).

The "inflation" statistics of medical costs are shown in the following chart:

The above chart shows that the rise in medical costs has always been more serious than monetary inflation. To put it bluntly, if the treatment of a certain disease cost 10,000 yuan 10 years ago, then today, 10 years later, the cost of treatment will be 23,828 yuan, an increase of nearly 140%, and a compound annual growth rate of 9%. If this growth trend continues, medical treatment will become increasingly luxurious.

If you begin to agree with and have some concerns about the above issues, you may be able to look forward to the arrival of blockchain technology.

3. Blockchain: the solution that emerged

Since there are such obvious pain points, you will naturally be more concerned about how to solve these problems, and as With the popularity and rise of digital currency in recent years, even if you are in other industries, you have heard more or less relevant information. Of course, you are more interested in whether the underlying technology of Bitcoin, blockchain, can solve the problem. Current pain points.

1

Trust issues

The primary feature of blockchain is decentralization, which means that rights are distributed by a single institution to various users. This means that economic value and governance are distributed among network stakeholders, and all property transfers are recorded, so that you can follow all public data of the community, thus avoiding the modification or concealment of any key information.

2

Inflation issue

Digital assets on the blockchain generally have a clear upper limit on the total amount, which can effectively weaken inflation. And it can flow globally, forming asset hedging.

3

Personal Privacy Issues

The distributed system of blockchain can perfectly solve the issue of personal data privacy.

You can fully control the disclosure level of your data through your own private key, and only disclose specific information to specific parties (such as notary agencies) when needed (such as applying for compensation) (you did suffer an accident), in one sentence: I did have an operation, but I did not need to disclose my mobile phone number or prove whether I had a driver's license.

At this time, companies have begun to make plans in this field, such as KBC, which has begun crowdfunding. In an interview, Campbell, the founder of its product, also emphasized the importance of blockchain technology to their business:

“Blockchain technology essentially solves the problem of trust and in the actual business process. Among them, there are cost issues caused by trust. At the same time, the information Internet will inevitably transition to the value Internet. Therefore, blockchain technology will also inevitably optimize the business model of the insurance industry, remove intermediate costs, and promote the efficient transmission and sharing of information and value. For example Liquidation efficiency, optimization of compensation, industry interconnection of user data, etc.”

It is natural that KBC will also try to create a corresponding mutual aid community through blockchain technology.

Recently, KBC has cooperated with OK-Burma Digital Asset Exchange to build a global blockchain healthy mutual aid community. The decentralization, data transparency, and non-tamperability of smart contracts of blockchain technology perfectly fit the concept of mutual assistance. In the era of blockchain revolution, it has become possible to change the production relations of the global health security industry. Kangbao Coin-KBC came into being and is committed to building a global health mutual aid community through blockchain technology.

KBC will leverage OK-Burma’s most complete data model and operational experience in the global digital currency industry. Based on the strategic partnership with OK-Burma, it is expected to provide KBC with a cold start market of one million users within half a year. At the same time, KBC will be open to global users and organizations to join through its own encouragement mechanism to truly form a global healthy mutual aid community.

In the KBC global blockchain health mutual aid community, members around the world share the health risks of serious diseases. If one person gets sick, everyone will share it equally, allowing members to use a very small KBC (Kangbao Coin system token) ) expenditure to obtain stable health protection. KBC allows any individual and organization to use KBC to join the community and become a community member or extend membership. When a user suffers from a serious illness, the compensation application will be reviewed by a global notary body elected by decentralization. After passing the review, you can get a large amount of KBC as compensation. After converting KBC into local legal currency through a digital currency exchange, you can pay huge medical expenses and obtain health protection. KBC forms an agreement through smart contracts in a decentralized formLong-term automatic operation, KBC obtains market value through liquidity, combined with the growing risk funds in the system, the three work together to enable KBC to implement perfect health protection for its members.

4. Integrate scattered mutual aid organizations to achieve win-win results for the entire industry

The scale of mutual aid groups directly affects the stability of the entire community ecology. Therefore, whether it is foreign mutual insurance or domestic small mutual aid platforms, it is difficult to form a long-term and stable economic model, and it is difficult to avoid vicious competition. Illegal operations and outages of individual organizations have a great impact on the protection of mutual aid members. As a decentralized global mutual aid community, KBC is committed to integrating the current status of the industry through its solid user base, stable data model and effective incentive mechanism to achieve a win-win situation for the industry and users.

㈣ (2) How does smart contract reflect its application value in the insurance industry blockchain?

It establishes trust among various stakeholders. The core benefit of blockchain is that while sharing information, it also establishes trust among various interested parties. The shared information is encrypted into an electronic list of blocks and cannot be tampered with, which helps increase trust between users. Smart contracts establish trust among various interested parties in the insurance industry blockchain to reflect their application value. Once information is recorded, it cannot be changed without changing all records. This also provides secure transactions between users. provide assurance.

5 Why the insurance industry urgently needs to integrate blockchain technology

As a distributed ledger structure, blockchain technology has the public characteristics of being irreversible and cannot be tampered with at will. It is not only in the financial field, It can be widely used in supply chain management, intelligent manufacturing, culture and entertainment, financial services, medical and health, IP copyright, education, Internet of Things, sharing economy, communications, social management, charity, social employment, and e-government.
At present, domestic Internet and IT are involved in the blockchain industry, and are beginning to develop or launch a series of solutions for basic application cases. In the current development trend, integrating blockchain technology into smart life, Internet of Things and other fields, integrating massive physical business application scenarios, carrying out blockchain + physical industry projects, and realizing the physical transformation and upgrading of the physical industry are among the most promising. One of the representative blockchain application directions.

Extended reading: [Insurance] How to buy, which one is better, and step-by-step instructions to avoid these "pitfalls" of insurance

㈥ Blockchain application in the insurance industry

To answer this question, let’s first introduce the core technology of blockchain and the current problems in the insurance industry.
Introduction to the core technology of blockchain
Blockchain mainly solves the trust and security issues of transactions, so it proposes four technological innovations to address this issue:
The first one is called distributed ledger , that is, transaction accounting is completed by multiple nodes distributed in different places, and each node records complete accounts, so they can all participate in supervising the legality of transactions, and can alsoto jointly bear witness to it. Different from traditional centralized accounting solutions, no node can record accounts independently, thus avoiding the possibility of a single accounting person being controlled or bribed to record false accounts. On the other hand, since there are enough accounting nodes, theoretically, the accounts will not be lost unless all nodes are destroyed, thereby ensuring the security of the accounting data.
The second one is called symmetric encryption and authorization technology. The transaction information stored on the blockchain is public, but the account identity information is highly encrypted and can only be accessed with the authorization of the data owner, thus Data security and personal privacy are guaranteed.
The third one is called the consensus mechanism, which is how all accounting nodes reach a consensus to determine the validity of a record. This is both a means of identification and a means of preventing tampering. Blockchain proposes four different consensus mechanisms, which are suitable for different application scenarios and strike a balance between efficiency and security. Taking Bitcoin as an example, it uses proof of work. Only when more than 51% of the accounting nodes in the entire network are controlled, it is possible to forge a non-existent record. When there are enough nodes joining the blockchain, this is basically impossible, thus eliminating the possibility of fraud.
The fourth technical feature is called smart contracts. Smart contracts are based on these trustworthy and non-tamperable data and can automatically execute some predefined rules and terms. Take insurance as an example. If everyone's information (including medical information and risk occurrence information) is true and trustworthy, it will be easy to automate claims settlement in some standardized insurance products.
Policyholder Risk Management
In today’s insurance operations, disputes between insurance companies and policyholders often occur, either because policyholders provide false personal information to defraud insurance, or when settling claims, disputes regarding exemption clauses occur. There are differences in the identification. The key to these problems lies in the lack of an authentic and credible data collection and storage method for the personal information of policyholders.
With the advancement of national systematic projects such as the digitization of medical information and personal credit reporting systems, more and more authoritative data sources appear. If these data can be introduced and stored on the blockchain, it will become Along with each person's digital identity, the data on this is authentic and trustworthy, cannot be tampered with, is synchronized in real time, and is valid for life, which will bring great benefits to the risk management of policyholders.
First, it is to connect the data between different companies and refer to each other, so as to timely discover information such as repeated insurance and historical claims, and timely identify high-risk users.
Second, introducing data from different industries into the blockchain can improve the accuracy and efficiency of underwriting and claims verification. To give an example of critical illness insurance, if all the medical treatment records of the policy holder and even the medical records of immediate family members can be queried on the blockchain, we will have a first-hand understanding of the policy holder’s current physical condition, disease history, and family medical history. information, effectively preventing you from taking out insurance while you are sick.
For example, the country’s first network interactive platform using blockchain technology as its coreThe platform helps each other. Based on the traditional mutual aid platform, with the help of blockchain technology, it realizes decentralized information sharing, innovatively realizes comprehensive and transparent operation, and builds a fair, just, open, safe and efficient open mutual aid information service for the public. platform.

Extended reading: [Insurance] How to buy, which one is better, and step-by-step instructions to avoid these "pitfalls" of insurance

㈦ The roles involved in blockchain digital insurance are

The roles involved in blockchain digital policies include points alliance
According to Li Xuefeng, in the insurance field, blockchain can assume an innovative role, such as points system, points alliance, mutual aid economy, and mutual aid insurance. There are also claims and insurance in insurance, etc. Currently, the world's 25 largest banks are studying the use of blockchain technology to achieve a unified global standard for cross-border clearing. Although in the long run, blockchain technology will have an impact on the existing financial market structure, industries and institutions are still actively embracing new technologies.

The important entry point for insurance application blockchain is

The important entry point for insurance application blockchain is the use of encryption technology by blockchain. A modern insurance system must have a sufficient number of risk individuals and a collection of insurance funds so that risks and losses can be effectively dispersed. In the operation of insurance, the core appeal is to realize and coordinate the collection of individuals, reach a collective consensus, and manage insurance funds fairly and fairly. Blockchain also has significant social characteristics. Its important premise is the consensus of the entire network, that is, the collective consensus of all participants. At the same time, decentralization makes this sociality not dependent on a tangible center, but realized through distributed technology. Self and democratic management. Blockchain uses encryption technology to build a credit system based on computing. This kind of trust is more objective, independent and credible.