Research

Practical Uses of Block Chain

1. Use in Peer to Peer Insurance

-If used within a group of known people mining can be either replaced or made less complex.

-Use combination of centralised and decentralised ledger system to make best use of both. The decentralised system for execution of functionalities without much human intervention and

-Since outsiders will not be allowed the system need to be permissioned

-Claim - start with doubt. Peer Group verification consensus and auto verification

- Use of auto and human intelligence