Insureblocks Blockchain & Smart Contracts In Insurance

David Katz, is the CEO and founder of the Plastic Bank, a unique organisation that is using blockchain technology for social good. They make plastic waste a currency to fight ocean plastic and poverty. Listen to David as he explains to us how he transforms plastic waste into a unit of positive value that large brands are willing to pay for. Leading not just to the removal of plastic from entering the oceans but also providing a path to financial inclusion for some of the poorest communities around the world.   What is blockchain? For David, blockchain is really a database that allows him to understand who has been contributing or changing data. Blockchain is a technology that enables true authenticity. It enables for value (money or good quality recycled plastic) to be transformed between corporates and into the hands of the poor in emerging countries without the need of intermediaries such as government or the risk of it being hijacked by malicious parties such as the mafia. Plastic Bank corporate customers