Blockchain presents a huge opportunity for the insurance industry. It offers the chance to innovate around the way data is exchanged, claims are processed, and fraud is prevented. Blockchain can bring together developers from tech companies, regulators, and insurance companies to create a valuable new insurance management asset.
With its distributed ledger, smart contracts, and non-repudiation capabilities, blockchain is revolutionizing the way organizations do business.
Join us as we explore what blockchain is and why it is playing a disruptive role in the modern digital economy. We will introduce Hyperledger Fabric (the technology behind the cloud-based IBM Blockchain Platform), explore use cases of blockchain in different industries and also build a web-based blockchain application to facilitate insurance sales and claims.
Pre-Reqs for code lab:
We find that Blockchain can be finicky when it comes to installing Node. We want to share this StackOverflow response - because many times the errors you see with Compose are derived in having installed either the wrong Node version or took an approach that is not supported by Compose:
IBM Cloud account - https://ibm.biz/BdzMpZ
Docker - latest
Docker Compose - latest
NPM - latest
nvm - latest
Node.js - Node v8.9.x
Git client - latest
Python - 2.7.x
To sign up to IBM cloud: https://ibm.biz/BdzMpZ
Github Repository: https://github.com/IBM/build-blockchain-insurance-app
06:00 - 06:15 PM -> Welcome & Networking & Snacks
06:15 - 07:30 PM -> Build a Blockchain-based insurance application by Faiz Hasan
07:30 - 08:00 PM -> Networking