Insurance and Blockchain Technology


On 4 June 2019 the sub-group on Contracts and Smart Contracts of the ELI project on Blockchain Technology and Smart Contracts met in Paris (France).

The participants focused on analysing the example of a smart contract developed by Etherisc, a platform that aims ‘to use blockchain technology to help make the purchase and sale of insurance more efficient’. Among other topics discussed, the group went into legislative and regulatory requirements in the field of insurance. Participants also compared the solutions adopted by Etherisc with those developed by Fizzy, which were analysed in detail at an earlier meeting (on 12 March 2019) in Paris. You can read more about the project here.