Insureblocks Blockchain & Smart Contracts In Insurance

Building a blockchain insurance ecosystem in Singapore For this week’s Insureblock’s episode we headed to Singapore to meet an interesting startup, called Inmediate.io. which utilises blockchain and smart contracts. We had the pleasure of interviewing its CEO, Otbert de Jong and CTO, Nelius Strydom. Inmediate is the first Singapore digital broker. They operate a b2C platform for retail insurance and operate a b2b insurance technology distribution business. They have specialised in building a connectivity platform with insurance companies by creating an API network that enables them to offer real time processing of insurance. Now they are aiming to build a new age ecosystem by utilising blockchain and smart contract technology where insurance can be sold in a quicker and more efficient manner.   2 Minute Definition of Blockchain Blockchain is a digital wallet that allows you to store information and validate that information in a decentralised way. The traditional model in cryptocurrencies is one that allow