What It’s About
Blockchain is one of the most hyped technologies out there. It is a technology that allows storing data in a chain of immutable verified blocks accessible to all parties. Blockchain software development by Fortifier is a sure way to stay up-to-date and utterly efficient in terms of data security.
Blockchain impacts insurance most positively in that it can eliminate the risk of fraudulent actions and bring transparency to the industry. It allows to accelerate claims settlement and cut costs with automated claim and data verification. Smart contracts can become the new standard for reliable underwriting.
This Is For
Fortifier is a Blockchain software development company to aid the insurance providers that:
- deal with sensitive corporate and personal data
- strive to provide transparency and accountability to their partners and customers
- want to make business operations more efficient
- need to enhance their business data safety with an additional layer of security
We make a detailed comprehensive Test Plan before starting the blockchain software development that describes what tests and when we are going to perform, and when you are going to get the test reports.
Record activities (including transactions) on a permanent immutable ledger where all the parties can see them and rest assured they are legit
Authenticate the users, transactions made, and policies enforced to make sure no suspicious activity can occur
Rest assured the sensitive data is encrypted and secure
Automate underwriting using smart contracts technology based on the blockchain involved in initial software development