PhD Student in Financial Engineering, Islamic Azad University, Roodehen Branch
Abstract
blockchain technology has attracted the attention of many financial activists. Many experts and analysts predict that this technology will revolutionize financial services, including insurance. It is important to note that the development of blockchain depends on the acceptance of regulations related to this technology, so it is necessary to determine the conditions under which the blockchain is encountered and used for commercial use, as well as the necessary supervision. This article examines some of the concepts associated with blockchain, its operational applications in the insurance industry, and related regulatory conditions. The principles of digital and transparent data sharing, and automating the impact of changes in insurance contracts can be effective and efficient for a wide range of insurance industry services.
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Monokchian Sharif abad,K. and Mohamadi,A. (2021). Application of blockchain (Insure Tech( in the insurance industry. International Journal of Financial Technology Perspective, 2(3), 1-11.
MLA
Monokchian Sharif abad,K. , and Mohamadi,A. . "Application of blockchain (Insure Tech( in the insurance industry", International Journal of Financial Technology Perspective, 2, 3, 2021, 1-11.
HARVARD
Monokchian Sharif abad K., Mohamadi A. (2021). 'Application of blockchain (Insure Tech( in the insurance industry', International Journal of Financial Technology Perspective, 2(3), pp. 1-11.
CHICAGO
K. Monokchian Sharif abad and A. Mohamadi, "Application of blockchain (Insure Tech( in the insurance industry," International Journal of Financial Technology Perspective, 2 3 (2021): 1-11,
VANCOUVER
Monokchian Sharif abad K., Mohamadi A. Application of blockchain (Insure Tech( in the insurance industry. IJFTP, 2021; 2(3): 1-11.
