Insureblocks Blockchain & Smart Contracts In Insurance

Chaim Finizola is the ClaimShare Director and the head of business development for emerging markets over at IntellectEU. In this podcast we discuss ClaimShare’s confidential computing solution built on top of R3’s Conclave and Corda Enterprise platform for the detection and prevention of “double dipping” fraud in the insurance industry which runs in the several billions of dollars each year.   What is blockchain? Blockchain is a technology that allows different actors to collaborate with each other without having to trust each other. Having a database in the form of a distributed ledger you can have not only the data decentralised, but also the way the data is handled in a decentralised manner. Independent of the discussion of centralised versus decentralised, Chaim reminds us what is important is to focus on the business use case and then determine the best approach.   What is confidential computing Confidential computing allows different actors to perform private computations on specific data sets and pr