Blockchain is a distributed digital ledger technology. Every transaction will be recorded in the blocks and linked together with the chain in which it uses the hash algorithm and then distributes it to every node in the network. Each data or transaction is digitally signed to ensure its authenticity and makes it immutable, so the node itself and the existing transactions within the blocks are assumed to be of high integrity.
Major challenges of the insurance businesses:
Major challenges of the financial industry
Major challenges of the supply chain industry
Major challenges of the donation and CSR