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breaktheblock / hackathon

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firebreathingrubberduckies #16

Open cryptoqween opened 6 years ago

cryptoqween commented 6 years ago

Team Name: Fire Breathing Rubber Duckies Team Members: Caroline Clark, Jaycee Cheong, Rozi Kepes

What problem are you trying to solve?: There is no way to reliably obtain claim history of a customer at the moment, for insurers this causes problems such as not being able to correctly price a policy. If all claim history is on the blockchain (encrypted), insurers can use that for better pricing. This solution would also help customers switch between insurers, as they will be able to easily prove their claim history and get a good quote. New insurers will be able enter the market as there will be an incentive to switch insurers.

Why do you think Blockchain/SmartContract may be the right approach?: In is a decentralised, unmodifiable database that untrusted participants (insurer to insurer, customer to insurer) can use.

API/DATA/Gadget you are thinking about using: -

Git Repo: https://github.com/CarolineClark/BreakTheBlock

makoto commented 6 years ago

@cryptoqween can you rename the project name from BreakTheBlock ? We are going to fork the repo to http://github.com/breaktheblock and having repo name same as the org name is going to be very confusing.

cryptoqween commented 6 years ago

https://github.com/CarolineClark/Claim-History-Blockchain/