• Corpus ID: 210699956

BIS- A Blockchain-based Solution for the Insurance Industry in Smart Cities

@article{Sharifinejad2020BISAB,
  title={BIS- A Blockchain-based Solution for the Insurance Industry in Smart Cities},
  author={Maedeh Sharifinejad and Ali Dorri and Javad Rezazadeh},
  journal={ArXiv},
  year={2020},
  volume={abs/2001.05273}
}
Insurance is one of the fundamental services offered to the citizens to reduce their costs and assist them in case of an emergency. One of the most important challenges in the insurance industry is to address liability challenge and the forging of documents by the involved parties, i.e., insurance company or the users, in order to increase financial gain. Conventional methods to address this challenge is significantly time consuming and costly and also suffers from lock of transparency. In this… 

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