These 3 industry areas are transforming using ‘Blockchain’

Insurance: Blockchain can automate the insurance process, ensure smooth claims and cut insurance fraud. Banking: Blockchain is used to validate identities, detect fraud in KYC rules. Travel: Blockchain’s P2P transaction feature avoids middleman between a traveller (looking for accommodation) and host. Data storage feature can save information about frequent travellers, later sending it directly to officials for checking. This reduces time for passport checking.  

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