We utilize a Smart Contract Technology that redefines the way business can be done by removing traditional flaws in the agreement process!
Smart Contract Technology takes out the middleman and executes on contract terms automatically, based on rules put in place. This technology has the potential to shake up a wide variety of industries from finance to healthcare.
Blockchains are an infrastructure system for validating, storing, and transferring data in a highly secure and reliable manner. Smart contracts, which run on blockchains, are conditional logic that execute certain transactions upon the occurrence of a defined event. For example, if A happens, then trigger B. Many in the insurance industry have already realized that smart contracts can perfectly mirror the way parametric insurance contracts work today.