The Connected Life.
We support insurers via IoT platforms. We utilize IoT for collecting & analyzing huge amount of data which provides us a lot of ways to reduce risk as well as in adjusting the prices. When large amount of analyzed data is provided for the insurers they would be able to anticipate certain claims and settlements. A majority of the insurance executives believe the IoT and connected insurance will significantly or completely change the industry. IoT is the key to a new era of competitevness.
We do utilize blockchain platforms for supporting IoT. IoT utilizes blockchain in-order to maintain the continuously growing list of cryptographically secured data records protected against altering and updates.