Insureblocks Blockchain & Smart Contracts In Insurance

This week we look at the exciting journey from Bitcoin to enterprise Blockchain with Burak Yetiskin, a director at Deloitte in Switzerland. Burak, a former cryptologist turned strategy consultant, has been working in consultancy for nine years now. His last three years have been spent working exclusively on DLT and blockchain technology within the financial services and insurance sectors at Deloitte. Blockchain in two minutes Simply put, blockchain is the underlying technology of Bitcoin, where Bitcoin was the first application of distributed ledger technology (DLT) used for transactions, in the form of the first decentralized cryptocurrency. Following from the first deployment of blockchain technology and the success of the first Bitcoin transactions, the technology is being scaled into something much greater than previously imagined. What was originally created to underlie an online currency is becoming a complete distributed solution, revolutionising global business and trade. This revolution is paired