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Blockchain industry spotlight: insurance

Insurance is an old-school industry facing increasing technological disruption in a digitalising world.  Insurance technology is now used by approximately one third of insurance customers, providing users with convenience and more opportunities for personalisation /1/.  As this trend grows insurance companies will have to get on board or become irrelevant as users come to expect digital options for accessing their insurance plans.
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Race for election security blind to existing solutions

This summer the weaknesses of voting machine security were unveiled for the world to see at the DEFCON Hacking Conference in Las Vegas, Nevada (USA). Since then US government has committed to improving security in election process, declaring it a “national security issue,” and considering election systems “critical infrastructure /1/. This week held the first meeting of the Presidential Advisory Commission on Election Integrity, headed by Mike Pence.
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Air France investigating supply chain enhanced by Blockchain

The fifth largest airline company in the world has in its quest to digitalise begun exploring the implementation of Blockchain technology in its supply chain processes. Air France has been collaborating with universities, manufacturers, and software developers in an MRO lab aimed at full digitalisation of current analog data /2/. The lab has determined that the resilience, traceability, integrity, and reduction in the use of intermediaries provided by Blockchain could be highly beneficial in aviation.
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Auto theft in the U.K. rises 30%: how Blockchain could stop the upsurge

A recent BBC article released news that auto thefts in the U.K. have risen 30% in the last three years. The researchers stated that auto thieves are become more skilled, using new technology to hack security systems. London was reported as the worst place for auto theft, haven risen 189% in recent years, and officials purported that more defense against the sale of stolen cars is needed as a deterrent to thieves when modern security systems are failing /1/.
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How Blockchain could change the way Germans vote

In light of the election in Germany yesterday, we thought we’d take the opportunity to offer a bit of information on how Blockchain has the potential to transform voting in the future.  After the U.S. election last November, Blockchain entered the conversation regarding how countries could make elections transparent and protect results from manipulation.  Several weeks ago hackers at the DEF CON hacking conference proved voting machines in the U.S. to be highly susceptible to attacks (read more here).  Germany still uses a paper ballot system and has prohibited digital voting due to risk of manipulation.
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Doctors skeptical of generic cancer drugs: Blockchain offers solution

A study commissioned by the Techniker Krankenkasse in Germany recently released results showing that the EU could save over half a billion Euros yearly by providing cancer patients with generic drugs. Cancer patients receive, in addition to chemotherapy, complex drugs that are often very expensive. The active ingredients in these drugs, however, continue to lose patent protection allowing companies to imitate them creating drugs that are just as effective and up to 30 percent cheaper /1/.
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Beyond cryptocurrencies: Fujitsu gives Japanese banks Blockchain platform

This weekend Fujitsu announced a new contract with the Japanese Banker’s Association to begin piloting applications for administering financial services using Blockchain technology.  Fujitsu will provide a collaborative Blockchain platform based on Hyperledger to the JBA, which they will then make available to their member banks for the development of individual applications /1/.
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