Application of Blockchain and Smart Contracts in Parametric Insurance

Data quality and accessibility are at the core of parametric insurance. In this session, Sid Jha, founder & CEO of Arbol, an insurtech specializing in parametric protection will discuss its data-first approach in developing and executing parametric products. Sid will explain how Arbol uses IPFS, a fully distributed data infrastructure to create tamper free datasets and how Arbol executes smart contracts using Chainlink technology that allows feeding of off-chain data into on-chain data.

  • Date:Monday, September 13
  • Time:3:00 PM - 4:15 PM EDT
  • Session Type:Concurrent Session
  • Session Code:ST-1
  • Learning Objective 1:Understand how blockchain technology improve the operation efficiency of parametric transactions.
  • Learning Objective 2:Understand how off-chain data power on-chain smart contracts through IPFS and Chainlink nodes.
  • Learning Objective 3:Discuss application of blockchain technology in more use cases for insurance industry.
  • Level of Knowledge:Level 1: No prior knowledge of the subject
  • Moderator:Chris Holt
Speakers
Siddhartha Jha
Arbol Inc.
Hong Guo
Arbol Inc.
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