Home Insurance Blockchain Platform
The idea behind the project was to create a consortium managed by a national bank that connects all authorized banks and insurance companies in the national bank's zone of influence. The goal was to streamline financial processes by creating a decentralized network that ensures secure and seamless data transfer between all participants.
Goals
Connect bank and insurance companies in a common business flow
6
Developer
Member
24
Months
Duration
Hyperledger Fabric, GoLang, Java, Kubernetes
Tools
Urgent problem, market leader solution
We are proud to have been a part of a pioneering project that brought together teams and leaders from different organizations to create cutting-edge solutions for the financial sector. With the goal of reducing cost, improving operational efficiency, enhancing security and providing advanced data analytics, our team delivered a custom blockchain platform designed to meet the strict requirements of a national bank. Despite the difficulties, our team was able to overcome challenges and deliver a solution that exceeded expectations. Our extensive knowledge of blockchain technology, combined with input from industry experts, allowed us to develop a system with exceptional features that greatly improved the financial sector by reducing cost, improving operational efficiency, providing enhanced security, and advanced data analytics.
Challenges & solutions
At CommIT Smart, we understand the challenges of managing a complex project with multiple teams and managers involved. That's why we developed a unique solution that seamlessly synchronizes the work of multiple companies to ensure a successful project outcome. Our expertise in managing development projects with different responsibilities has resulted in a proven track record of delivering exceptional results. Trust us to take on the challenge and bring your vision to life. Our solution offers not just exceptional project management but also top-notch security. Your data is securely stored on the Hyperledger fabric (privat chain), providing you with peace of mind and a reliable, always-accessible solution. No more worrying about downtime, as our decentralized platform ensures your data is always available. Additionally, our system allows you to set limits, giving you full control over your data.Are web designers in demand in 2022?
Who is relevant for?
Our solution, developed in this project, boasts a wide range of applications and versatility. Not limited to a specific client or problem, it can be utilized across industries such as cyber security, banking and finance, government, health and education. Additionally, the various components of the solution are developed to handle sensitive data with the highest level of security and confidentiality.
