Insureblocks Blockchain & Smart Contracts In Insurance

Ep.14 – Blockchain use cases outside of insurance For this week’s podcast we go out of the insurance world to explore some interesting blockchain use cases and pilots in other industries. In episode 6 we had Ryan Rugg introduce us to R3 the banking blockchain consortium. But for this one we wanted to go out a little bit further. As our guide for this journey we had the pleasure of having Lee Brenner, Chief Engagement Office at the Global Blockchain Business Council, live from Pennsylvania!     2 Minute Definition of Blockchain Blockchain technology is a decentralised database that is connected together to create a permanent unchangeable record of data that is loaded onto blocks. Those individual blocks of data are connected to other blocks of data (ie. chained together) on this database. Blockchains act as global notary. Eliminates the middle man by creating a system of trust and a level of confidence between the actors on the system allowing for P2P transactions.   The Global Blockchain Business Council T