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Blockchain development for insurance
Building on extensive experience delivering custom blockchain insurance solutions, Gratix can help you reduce costs and errors, automate payouts, establish legal certainty, and protect your and your clients’ data while keeping it instantly accessible for authorized parties.
Revolutionize your insurance business with a blockchain-powered insurance platform utilizing the possibilities of machine learning to deliver you real-time insights. Or, go with an automation solution to lift off the burden of repetitive tasks and exclude human errors. Blockchain is here at your disposal to help you reimagine mundane insurance procedures!
FIND YOUR PERFECT APPLICATION
Blockchain solutions
for insurance from Gratix
Insurance management platforms
Harness the power of blockchain and machine learning to deliver a platform for data-driven management of risk portfolios, claims, and insurance premiums, and real-time underwriting, based on unalterable historical and behavioral data.
Insurance policy data storage
Provide insurance policyholders with instant access to cryptography-backed, immutable and shareable blockchain database of insurance policy documents.
Reinsurance automation solutions
Let insurers take full control of reinsurance operations with a DLT-based solution that automates reinsurance administration through smart contracts and makes it transparent through real-time data distribution among all involved parties.
P2P insurance policy marketplaces
Launch a blockchain-based marketplace for insurance policies where users could buy and sell insurance policies in the form of tokens.
Global operational solutions
Streamline processes in your global insurance domain (such as marine insurance) by empowering it with a blockchain solution enabling seamless transfer of facultative risks between stakeholders through decentralized infrastructure.
Insurance digital wallets
Integrate a digital wallet into the client’s existing insurance system or build a standalone solution for storing insurance information and instant insurance coverage applications and payments.
Claim settlement & management tools
Make claims management an autonomous process with smart contracts; self-triggered protocols free your staff from repetitive tasks, improve accuracy, and cut claim handling time.
Life insurance applications
Build an app where households could get affordable insurance, with automated recurring payments and fund allocation for future claims.
Gratix is the developer of Car eService Book, a single platform for tracking and collecting vehicle data, like service information, vehicle owner details, records from IoT sensors, driving behavior, and others, across vehicle producers, regional dealers, parts manufacturers, and service centers.
Vehicle
Car eService book
A distributed and cryptographically secure ecosystem for decentralized autonomous organizations. It introduces fast, theft-proof payments, automatic distribution of digital assets along with KYC and AML regulatory compliance.
DAO SPACE
DAO Space
We designed a decentralized NFT platform for artists, musicians, and other creators who want to tokenize their works. Here art becomes unique and collectors and creators meet; they can trade or exchange collectibles — artwork, stamps, sports cards, video highlights, even domain names — as NFTs on a blockchain.
NFT
NFT Marketplace for creators
Metaverse Rooms is a part of the client’s virtual megastructure with 3,000+ apartments and communal areas. Users can buy and rent apartments as NFTs, trade and mint assets to customize those (with new materials, textures, and colors), and join various social activities like partying together, going shopping, visiting conferences, or simply relaxing.
Metaverse Rooms
Metaverse Rooms Sports is an interactive, fully virtual experience for sports fans. Players can explore a virtual museum dedicated to the history and achievements of the famous football club, test their playing skills in penalty games against iconic football players, complete quizzes with rewards, purchase and collect items, and do a lot more.
Metaverse Rooms Sports
Metaverse Rooms Sports is an interactive, fully virtual experience for sports fans. Players can explore a virtual museum dedicated to the history and achievements of the famous football club, test their playing skills in penalty games against iconic football players, complete quizzes with rewards, purchase and collect items, and do a lot more.
FreeStyle NFT
We created a blockchain-based tool that records every change or appeal made to the existing data files and allows running comprehensive data audits for intrusion, corruption, or theft. The solution stores all records on a blockchain, eliminating the possibility of intended or unintended manipulations with data.
Data provenance solution
An agriculture logistics solution for tracking the provenance of crop supplies. Every asset in a supply chain is connected to IoT trackers and has a unique ID recorded on an immutable, hack-proof distributed ledger.
Internet-of-crops platform
A blockchain platform that collects data about cargo capacity from connected IoT sensors in real-time, ensuring automated management of supply chains. It automatically verifies shipping transactions, timely notifying chain participants.
DLT solution for smart logistics
An Ethereum-based solution that covers all the operations, processes, and entities on the pipe trading market. Intuitive interface and well-thought-out back-end and front-end architecture allow for seamless p2p transaction management (from sending to receiving pipes).
Pipe trading platform
A tea market trading solution for fast, secure, and tamper-proof deals. Contract signing, payment issuing, and other operations are covered by smart contracts, which guarantees their autonomous execution.
Tea exchange platform
A blockchain system for creating and deploying dapps. Tailored to the needs of businesses of any complexity and practice area, it runs on the EOS blockchain, with smart contract-driven fast processing, feeless transactions, adjustable permission levels, and highly scalable environment.
genEOS
Discuss a project
Tell us about your blockchain insurance project, and we will get back to you with a free consultation.
SEE HOW BLOCKCHAIN SOLVES CHALLENGES
Blockchain applications in insurance
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Use case 1.
Fast claim verification
Data distribution across databases hardens due diligence of insurance claims, making their collection a more lengthy process than it could be — with the right tools at hand.
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Use case 2.
Digital property insurance
To get insurance, you need to go through a tiresome procedure with piles of papers to fill in and then waiting for their approval and verification.
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Use case 3.
Establishing campaign transparency
In travel insurance, contingencies, like trip cancellation, baggage loss, or flight accidents, involve different types of notifications, yet all of them are susceptible to downtime and delays.