APPLICATION OF BLOCKCHAIN TECHNOLOGY IN CROP REINSURANCE

Authors

  • D Hebsiba beula1, and Sindhu J Kumaar2 Author

Abstract

ABSTRACT: This paper presents a Blockchain-based methodology and its application in Insurance Industry, which leads to a new type of businessthat combines traditional insurance processes with technological advancements to improve the way insurance is traditionally assembled, acquired, and experienced.These applications have the potential to improve crop transparency and yield quality control via IoT. As evidenced by data gathered from Agricultural Insurance Corporation of India from the year 2016 to 2020.

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Published

2024-02-20

Issue

Vol. 6 No. 1 (2024)

Section

Articles