Monday, June 29, 2015

Everledger Uses Block Chain to Combat Insurance Fraud

One of the main drives, since Bitcoin began gaining popularity, were the other possible uses of the block chain technology that drives it. Some have found ways to build other data layers on top of the block chain while others have found it possible to use the block chain to secure copyright notices. Everledger has devised a way that insurance companies can utilize the block chain to ensure that the items they are insuring are what they are said to be. This is not entirely secure, in the sense that a dedicated scammer could find a way to modify the […]

The post Everledger Uses Block Chain to Combat Insurance Fraud appeared first on CCN: Financial Bitcoin News.

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