Insurance

If you’re familiar with the crypto world, there’s no chance you haven’t heard about utility tokens.

The adult entertainment industry has several problems that directly affect the level of development of this field of activity.

As the number of DEFI protocols and applications is growing, hacks and breaches come with them. Thus insurance’s importance is becoming a crucial concern about investors. But traditional insurances will not get in the crypto world. So what about creating a p2p insurance. Following the decentralized philosophy of the blockchain, we can ensure ourselves without any centralized entity.

Scientists globally are now innovating new technologies and drugs that can help in the fight against Covid-19 virus. Now Blockchain and decentralized ledger technology (DLT) can be used to prevent the spread of Coronavirus.

According to the official news, Soteria insurance function on PancakeSwap is officially started on January 19th and users can use SOTE tokens to purchase insurance, stake SOTE for rewards, or stake SOTE for claims evaluation.

The test of Blockchain-based insurance products within the Italian market ended successfully, and can meet the increasingly complex and varied needs of the market.

Blockchain technology and theory start from this point and aims to create an equivalent system, without the existence of a central controller, or intermediary, for example banks or insurance companies.

CeTIF Università Cattolica decided to bring blockchain into play in Italy with a significant project dubbed the "Digital sureties (Fideiussioni Digitali)" aimed at reducing fraud, increasing efficiency in information workflows and developing new forms of information sharing.

Unlike Bitcoin, Blockchain has a broader scope of application and usefulness. Businesses all over the world are exploring the specific benefits the technology can add to their existing business models. Today we explore the top ten italian companies already using blockchain to improve their business efficiency.