Insureblocks Blockchain & Smart Contracts In Insurance

In this exciting podcast we get to hear about how blockchain is used to track the coronavirus. We had the pleasure of having Jim Nasr, CEO of Acoer, developers of the blockchain coronavirus tracker, talk to us about the challenges the healthcare industry faces and opportunities for innovating it.   What is blockchain? Jim looks at blockchain in terms of three pillars: Technology Token economics Distributed computing The first pillar is with technology of distributed ledgers themselves. The second pillar is with regards to the value creation attribution specifically to public blockchains. This is where blockchain provides a reward in a public setting in a transparent manner for the creation of value. In the Bitcoin network for example miners are rewarded with 12.5 Bitcoins for completing a mathematical challenge for which they would have used electricity and processing power. The third pillar is regarding distributed architecture and distributed computer. For Jim this is fundamentally a question of