MAINFT

A new model of open insurance

Around the world, the first prototype of “open insurance” appeared in 2011.Four major health insurance companies in the United States:Aetna Hamana, Kaiser Permanente and United Health Group share their insurance claims data with the Institute for Health Care Costs,In addition, the shared data is updated every two years, so as to reduce the cost of cross-agency cooperation and provide users of member institutions with more professional insurance services and better customer experience.

“Open Insurance relies on blockchain, artificial intelligence, big data and other technical support to realize the close connection between insurance scenes and life scenes.” By Hazena Insurance companies can take advantage of the distributed architecture of block chain, access to the third party cooperation platform, and will open the appropriate data, business and system, and share the service marketing, customer flow, product such as resources, further reduce the insurance companies operating costs, improve operational efficiency, strengthen risk control ability, the benefit of all participants.Through blockchain and open insurance, customers do not need to repeat the entry and verification of identity information on multiple platforms, which greatly improves the customer experience.With the rapid development of fintech in China, standards, supporting systems and regulatory policies related to open insurance will be gradually put in place. Insurance companies should keep forward-looking, attach importance to data security, data sharing and customer privacy protection, and actively embrace and explore a new development model of open insurance.

MAI breaks the traditional insurance loop

The microscopic aggregation index (MICROSCOPIC aggregation index) is one of the most common forms of aggregation in the medical world.The team uses this to specifically refer to the decentralized insurance protocol built by blockchain technology to treat the problems of traditional financial insurance. DEFI + NFT technology makes the financial attribute operation of insurance more transparent and open, just like looking at the aggregation and change of insurance capital pool under the microscope.MA Insurance Agreement breaks the closed relationship between traditional Insurance companies and customers under the new financial service reform driven by fintech, and also breaks the corporate barriers between Insurance companies and Insurance companies. “Open Insurance” is customer-centric and builds an open financial ecology with the help of blockchain big data and other technologies.Work with partners to acquire new customers, increase customer touch points and improve customer experience.

MAI’s innovations offer more possibilities

MA Insurance Agreemen offers new possibilities through blockchain’s distributed ledger, consensus mechanism and other features.Blockchain no longer relies on a centralized node, but through multiple nodes based on real data to calculate, and then cross validation, in order to form a fair and effective new trust model, which brings a new management model to the trust based insurance industry.

Block chain will effectively solve the bottlenecks in the trust business of insurance business value chain, eliminating insurance business between the parties in the process of data security, data privacy, data assets ownership concerns, such as policy-holder, risk situation, assets status, claim cases, the information such as compensation of connectivity, reshape the insurance industry business model,Reconstruct the cooperation mode of insurance industry, reduce the intermediate link of data transmission, improve the authenticity of data, and improve the trust between the participants in the insurance industry.

NFT721 agreement more effectively protects the rights and interests of the insured

The insurance financial products launched by MAI insurance agreement will further improve the utilization rate and transparency of funds, make the capital gains of insurance pool and indemnity pool transparent, and return the gains to insurance users and insurance financial investors through smart contracts!NFT technology is expected to become an effective technical means of new regulation.Blockchain technology can effectively integrate the existing systems of insurance institutions and enable the dynamic flow of the original static data.By deploying regulatory nodes, regulatory agencies can transparently, real-time and truly query the data changes of insurance institutions, such as policy-holder risk information, policy data, claims data, capital data, etc., so as to timely and quickly discover business risks and illegal operations.MAI utilizes blockchain’s security consensus mechanism to help optimize insurance business processes and enhance customer experience.Now insurance companies are studying how to use blockchain to effectively manage policyholders’ information to ensure the security of customer data.The MAI will review and approve customer information and add it to the blockchain. When the customer buys insurance, the system will automatically match the insurance products suitable for the customer.The digital management of user data through NFT simplifies the authentication of information, optimizes the insurance process and shorts the insurance time. At the same time, it realizes the direct contact between the customer and the insurance company, enhances the interaction between the two sides, and prevents certification fraud to a large extent.After the insured accident occurs, the smart contract derived from the blockchain will be triggered immediately, and the insurance policy will be automatically processed and automatically settle the claims after reviewing the insurance accident, which greatly improves the efficiency of compensation and better guarantees the rights and interests of the insured.

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