Next Economy
How a Blockchain works
Blockchain is a new technology for verifying data transactions. It is a way of securing data by breaking it down into chains of blocks to allow many functions of centrally organized information systems to be decentralized. Blockchains can be used anywhere information needs to be securely managed and verified. Blockchain technology is based on a...
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Business Case C2C Insurance
Blockchain means that intermediaries can be eliminated. Intermediates / Third parties can be done away with to the greatest extent in a customer-to-customer insurance company. Due to increasing municipal debt and cautious investment policies, citizens of the city of Herford, one of the deeply indebted communes within the region of Eastern Westphalia-Lippe , decide to...
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Business Case B2B Insurance
An American online mail-order retailer is aiming to introduce its business services to the mobility and logistics market. The company brought transport drones to the market to cover its own needs, and for consumers, and quickly finds itself forced — within the applicable regulations — to take out an aviation insurance policy for unmanned aircraft....
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USe Case for Blockchain and Insurance as a service
A global branded drinks producer, headquartered in Austria, offers pre-made insurance products for high-risk sports under its brand. These are passed on to the end users in question via selected partner companies. In addition to the platform and insurance services, the company offers its corporate customers training sessions, and assists them with establishing the portfolio...
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Success Factors of the next economy
Success Factors and characteristics of the Next Economy 1. Companies rely on platform technologies to connect with clients, as shown in business models as Uber and Airbnb, creating synthesis between online and offline markets. Whereas concerns as eBay and Amazon form upstream and downstream services around the world. 2. Expansion is based on two explanations....
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