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Blockchain Technology in Automobile Insurance Claim Systems Research

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Smart Computing and Communication (SmartCom 2020)

Part of the book series: Lecture Notes in Computer Science ((LNISA,volume 12608))

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Abstract

Recently, academics and industries are increasingly paying attention to blockchain technology because it is used to improve traditional companies. Insurance company is one type of the traditional and inflexible companies. Its operation is not transparent, based on paper contracts, relying on human intervention and other characteristics resulting in low efficiency. The transparency, tamper-proof, decentralization and other advantages of blockchain-based Internet of Things and smart contract technology enable people to improve the traditional processes and structures of the insurance industry. This paper summarizes the application of block chain technology in the auto insurance claim systems. By comparing the implementations of various systems, the existing achievements and their advantages and disadvantages are described. In addition, this paper prospects the key directions of future research on the implementation of blockchain.

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Acknowledgment

This work is supported by the National Natural Science Foundation of China (No. 61702180) and the Doctoral Scientific Research Foundation of Hunan University of Science and Technology (No. E52083).

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Correspondence to Chong Wang .

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Deng, H., Wang, C., Wu, Q., Nie, Q., Huang, W., Zhang, S. (2021). Blockchain Technology in Automobile Insurance Claim Systems Research. In: Qiu, M. (eds) Smart Computing and Communication. SmartCom 2020. Lecture Notes in Computer Science(), vol 12608. Springer, Cham. https://doi.org/10.1007/978-3-030-74717-6_18

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  • DOI: https://doi.org/10.1007/978-3-030-74717-6_18

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-74716-9

  • Online ISBN: 978-3-030-74717-6

  • eBook Packages: Computer ScienceComputer Science (R0)

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