3 last clues from Sherlock re: insurtech (keep in mind he's not an insider so it's just speculation) - RiskBlock consortium (founded by The Institutes, joined by ~30 insurance firms, also working with EY, Accenture, picked R3/Corda as their blockchain of choice?): possible link ties through Accord? / but corda doesn't need link from what I understand? - Lloyd's of London (not an insurance company, but a marketplace) launched Lloyd's Labs initiative, working with a dozen start-ups to develop insurtech products, should investigate deeper to see which could be using link & monitor progress See list of all the startups involved lloyds.com/news-and-risk-insight/press-releases/2018/09/lloyds-lab-opens-its-doors-to-tech-disruption - LumenLab initiative from MetLife life insurance, also digging into insurtech. One of their partners is PwC, and their legal branch just joined Accord. Nothing solid so far
We also know AXA Fizzy is aware of Link, but also looking for alternatives? All the big legacy insurance firm will be moving towards blockchain adoption as functional smart contracts insurtech emerges but for now they're just getting their feet wet with consortium, small experimental projects and research labs. Meanwhile new insurance startups built from the ground-up with blockchain in mind also emerging.
Decentralized Insurance Developer startups currently emerging Etherisc = currently uses Oraclize, but follow Sergey, Andrew Miller, might swift after mainnet? iXledger Zeusshield Aigang Black Insurance = follow Link account, their project launches in 2019 Vernam Insurepal PolicyPal InsurChain VouchForMe D1Conf is the conf for this industry
Need to complete to get a fuller picture of insuretech need for oracles, not sure if they're all dealing with smart contracts; some haven't launched yet, more likely to use link than oraclize if they release in 2019
Another project mentioned in archive rainvow.org/ Correct me & add what's missing
Lloyd’s has revealed the teams that will be offered a spot in the founding Lloyd’s Lab cohort, kicking off on 8 October*. These include:
Layr, an AI powered insurance platform providing faster access for small businesses buying liability insurance. CargoSnap, a mobile transportation inspection app connected to a powerful online platform to collect, analyse, and share information in the supply chain, speeding up claims. DropIn, an on-demand live video streaming platform to streamline insurance inspections and catastrophe response assessment using mobile phones and drones. Insurercore, a digital-based risk appetite directory for those seeking to place and write risks quickly and conveniently. BelMead Tech, a claims support platform using blockchain and other technologies, to improve the insured’s claim journey whilst also improving efficiencies for the claim handling team. Parsyl is a supply chain data platform that combines low-cost sensing hardware and large scale data mining to allow insurers to better anticipate risk and improve the claims process. Geollect, creators of proprietary intelligence software for businesses to improve efficiencies, safety and security. ZASTI, an AI technology platform built using proprietary Deep Learning algorithms to provide predictive and diagnostic solutions to solve multiple business problems. Qnity, a digital insurance that allows individuals to design their own insurance solutions. iCede, a cloud-based platform that enables large insurance companies to interact across borders in order to arrange insurance cover for multinational corporations.
>For instance, one of the firms that we’re talking to, and we did some work with earlier in the year, is ConsenSys, a boutique firm that’s focused on building blockchain applications. And there are other big boys, like Deloitte, that we’ll be talking with, too.
I love chainlink. All the drama, the memes, the community surrounding it, it's really something. But what I love most about it is knowing that in couple years I will be a billionaire. It's not even a 99% chance, it is quite literally guaranteed. As a result of that knowledge, I stopped showering and brushing my teeth over a month ago. There is simply no reason for me to do it when I know I'll be rich. I will be fucking whores every night and laughing as they're throwing up from my disgusting, stinky body and mouth. As they kiss me on my rotten teeth, or suck my stinky, 2 year unwashed hog. It will be quite something. In fact I am already seeing effects of my stinky adventure. Yesterday I went to a shop to buy some cheese and make a stop at McD's for a big mac and the cashier at the store was visibly gagging at the smell of me and trying to hide it. Other customers were standing like 5 meters behind me. It was truly hilarious. And none of them have any idea of my guaranteed, future riches. They must already be so jealous of me. The stinkiest billionaire ever.
>drop down to 27 cents a link I'm too brainlet to do satoshi counts since I'm a newtard but you get the idea, its dropped.
Dylan Cox
im very interested
Owen Hernandez
Do tell me more about the gestational diabetes insurance market in singapore.
Does it stink?
Noah Cox
I absolutely hate her voice who paid her for this? Is the commentator deaf?
Caleb Robinson
So? 2 or 3 out of 100 isn’t a very good average (especially since Accord and OpenLaw aren’t exactly financially significant)
Aiden Davis
5200 sats to below 3800.
Jayden Wood
Do you really not see that it's just one case use among many for smart contracts-backed parametric insurance, how linking medical records and insurance policies to the blockchain could be applied to all medical policies? Do you think these firms are investing millions in blockchain research just for diabetes and flight insurance? Do you not see similar potential for companies like uber or airbnb?
You are severely underrating the far-reaching implications of Accord and OpenLaw, they're defining the legal standards for enterprise-grade smart contracts and already being adopted by all the top global law firms, which means all the other markets and industries will be reliant on them, if you thought the legal market by itself wasn't significant enough. A major derivatives market consortium is already working with one the Accord law firms to establish the legal aspects of smart contracts in that field. Any other market consortium and industries will also have to go through Accord firms.
Are we supposed to have that word puzzle that was previously provided solved by September 15, 2018? I believe it was stated on or before that date. Is that still pending?
Camden Martinez
Why do these dots amount to jack shit price wise? It’s bigger than any other crypto but we aren’t even top 50
Owen Torres
Just be patient.
Alexander Bennett
Thanks OP, solid information - been looking at the insurance industry as a good opportunity for crypto for some time.
Jacob Ortiz
A comfy highrise apartment with a large window in a busy city would be my dream.
Jonathan Powell
Cryptos are useless for the most part...
That’s why non-token platforms like Azure and Corda are accomplishing way more than smartcontract.com
Lincoln Rogers
No marketing + no mainnet + biz autism army constantly fudding on reddit
>2018 September >still hasn't realised that crypto is 0% with actual usecases and 100% hype/speculation/the china hustle Yes I also wonder why nobody is buying LINK while biz fuds it on Reddit and the mainnet isn't even out.
Benjamin Evans
Bump come back later to read this novel
Charles Phillips
Etherisc is advised by Jake Brukhman, who also advises Smartcontract and they have EY as partner.
