Insureblocks Blockchain & Smart Contracts In Insurance

Smart contracts 101 In this exciting episode I was very pleased to conduct my first remote podcast with Olivier Rikken, Director of Blockchain and Smart Contracts at Axveco, in Holland. Olivier has been working in this space for the last few years and will give us an introduction to smart contracts.   2 minute definition of blockchain Blockchain in its purest form is a shared database where everyone can read and write on it. Where the integrity of its content is always guarded through cryptography thus removing the need for trusted third parties.   The blockchain journey Olivier’s journey to blockchain started a few years ago when he was working on a concept for a peer to peer insurance company. Through the course of that work he wrote a white paper that illustrated that you could build an insurance company based on blockchain and smart contracts. He presented that white paper to the Dutch National Bank and authority for the financial markets. What intrigued the regulators was his point that technically spe