In short, the idea is as follows:
Insurance Blockchain application to collect monthly payments that are paid into a pool. If a claim is made, the claim is sent off to three 3rd parties for verification (the details are sent off-blockchain). Each party verifies claim (yes/no), and if 2/3 say yes, claim is verified. Payment then paid out of pool to the one who verifies claim.
Again, looking for a more proof-of-concept function. Looking for completion very soon, but my understanding is this type of project should not take too long.
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