Insurance policies are not about just twenty or fifty years. The insurance industry has been here for centuries, even for thousands of years. Thousand years back, Chinese merchants and seafarers used to share their wares into collective funds to help them pay for any individual shipwreck.

In this evolving security landscape, with the constant threat of malicious hackers, blockchain remains a promising and prominent security-enhancing technology. When it first emerged, blockchain seemed a matter of cryptocurrencies.

Versatility, accountability, and data authentication can you imagine all three in one healthcare application? Well, it is possible if you are into private blockchain technology.

Pushing businesses to another level while protecting decentralized data from potential threats, is exactly what blockchain-driven healthcare applications perform.

People do not have any control over their data, data security holds no guarantee, the growing concern about content censorship, and faulty decision-making. Yes, you are guessing the right. We are talking about the present internet.

The loud emergence of Bitcoin marked the introduction of blockchain technology to the world. Not only bitcoin, cryptocurrencies that emerged as a new and novel monetary network, using decentralized control instead of centralized controls made the worldwide adoption of decentralized blockchain technology inevitable.