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Coinratecap -USD 0

Publish Date: 11-08-2018 13:26:43 | Contact name: Coinratecap . | Location: Ningxia | Place: Ikoyi | 1 times displayed |

Address: Ikoyi, Lagos state 232116, Nigeria
Phone: 09087445000

Business Email:

About the Business:

For several years now, we have been reading through the vision and
rnpromise blockchain has for us that many skeptics are beginning to wonder when
rnthat time will come.

The time is now, as many small and medium scale companies are beginning
rnto use blockchain in their businesses. Blockchain technology is evolving
rnquickily because of its transparent, strong security , accountability, autonomy
rnand incorruptible nature which has
rnbecome a significant factor in SME environment.

Blockchain has the capacity to revolutionalize SME's in quite a number
rnof ways;

rnBlockcahain is an
rnactivator for new approaches in insurance companies:
Blockchain has different concepts applicable in
rninsurance - smart contract, peer-to-peer insurance, index-based insurance,
rnreinsurance, agreements, trasnformation of asset management.

Smart contract is a contract between two or more parties which is programmed electronically. By using smart contract, the
rndata that may be needed to execute the contracted is perhaps located outside blockchain, however, a new
rntrusted party called "oracle" moves the data to blockchain. The smart
rncontract searches and reads the data for execution/non execution. For the sake
rnof transparency and clarification, in the case of bridge of agreement or
rncancellation insurance contract for a
rntrain journey for example, the blockchain supplies information about the time
rnthe trained arrived through GPS fitted on the train.

As coinratecap stated, 'Blockchain helps to
rncut down too much paper work in the insurance companies. With application of
rnblockchain, Insurance companies can easily do business electronically'.

rnBlockchain modernizing our
rnhuman resource system
: Just as the way
rninternet is revolutionising the way we exchange information. Blockchain is
rnrevolutionising the way we exchange value. Blockchain plays important role in
rnHR system as it helps in ;

rnIt allows HR professionals to quickly assess and
rnverify credentials of job candidates and existing employees.

rnReduce chances of third-party companies
rnproviding inaccurate historical data about a candidate or existing employee.

Categories: Technology
Keywords: coinmarketcap, coin values, bitcoin price, ico list, list of bitcoin widgets, bitcoin guide,Blockchain Guide,Blockchain technoloy
Business Hours: 9:00am- 4:00pm

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Phone: 9087445000




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