Insureblocks Blockchain & Smart Contracts In Insurance

Trade associations play a leading role in educating the business community on the opportunities of blockchain. In this podcast we had the pleasure of interviewing Patrick South, Vice President of Development at the Digital Chamber of Commerce in Washington D.C. The Chamber of Digital Commerce is the world’s leading trade association representing the digital asset and blockchain industry.   What is blockchain? Blockchain is a combinatorial innovation. Think of it like a Lego bucket in which people are pulling existing Lego pieces and piecing them together in new innovative ways. Blockchain is leveraging existing proven technologies such as linked lists, asymmetric key parenting and hash functions in new and innovative ways. Blockchain is a distributed ledger is a distributed ledger that records and maintains data in a manner that allows multiple stakeholders to securely share access to the same information in digital aspects. In today's environment we have all these disparate databases that require constant