FLAME: Trusted Fire Brigade Service and Insurance Claim System Using Blockchain for Enterprises

Bhawana,; Kumar, Sushil; Dohare, Upasana; Kaiwartya, Omprakash

doi:10.1109/tii.2022.3212172

Cited by 8 publications

(2 citation statements)

References 34 publications

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“…Fire insurance can benefit from IoT-enabled building management systems connected to a blockchain, which can accelerate accurate claim investigations and support for insurance agencies. This integration streamlines the registration, audit, evaluation, and settlement processes for customers [6]. Within travel insurance, decentralized systems can enable real-time updates from airline industries to travel insurance providers, resulting in micro-level customized products for both insurers and customers [7].…”

Section: B Blockchain Penetration In Various Types Of Insurancementioning

confidence: 99%

A Framework for Platform-Agnostic Blockchain and IoT Based Insurance System

Guruprakash,

Tokmakov,

Krithika

et al. 2024

IEEE Access

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Blockchain technology has the potential to revolutionize the insurance industry by bringing unprecedented levels of transparency, security and autonomous continuity. By leveraging this technology, insurance companies can streamline their processes, reduce costs, and provide better services to their customers. The proposed framework represents a significant step forward in the industry's evolution, with the potential to create a more efficient and effective insurance ecosystem for all stakeholders involved. This framework offers a new and innovative approach to addresses many of the challenges associated with traditional processes in the insurance applications. By utilizing Blockchain and Internet of Things (IoT) technologies, the framework aims to provide greater transparency, security, efficiency and real-time data decision ultimately leading to an improved customer experience. The accomplished work serves as a foundation for further research and development in the field of blockchain-based insurance applications, with the goal of designing a lightweight, platform-agnostic, auditable, real-time and provable solution. INDEX TERMS Blockchain , Insurance I. INTRODUCTIONB LOCKCHAIN technology, at its core, is a distributed ledger that stores and shares data among peers. This decentralized system groups data into "blocks," which must be verified by consensus within the ecosystem before becoming valid and authentic Fig. 1. In a conventional blockchain, special nodes called "miners" validate the transactions that comprise the blocks, with incentives provided through native cryptocurrency or other mechanisms. Once validated, blocks are permanently added to the chain. Blockchain users possess unique public and private keys that, when combined, serve to authenticate their identity [1].

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Section: B Blockchain Penetration In Various Types Of Insurancementioning

confidence: 99%

A Framework for Platform-Agnostic Blockchain and IoT Based Insurance System

Guruprakash,

Tokmakov,

Krithika

et al. 2024

IEEE Access

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“…Blockchain is also present in other areas of insurance. Kumar et al [23] proposed a blockchain-based trusted fire brigade service and insurance claim framework to provide immediate fire brigade service to enterprises and prevent insurance fraud while proposing a sensor network and connectivity model to detect real fires and send emergency service requests to monitoring stations. Pawar et al [24] proposed a blockchain-based insurance system to share health insurance information between hospitals, patients, and insurance companies.…”

Section: Related Workmentioning

confidence: 99%

Novel Blockchain and Zero-Knowledge Proof Technology-Driven Car Insurance

Qiu,

Xie,

Jiang

et al. 2023

Electronics

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It is crucial to ensure the privacy and authenticity of the owner’s information in car insurance claims. However, the current traditional car insurance claims scenario suffers from inefficiency, complex service, unreliable data, and data leakage. Therefore, considering the privacy and sensitivity of insurance information and car owner data, we can use blockchain, smart contracts, and zero-knowledge proof technology to improve the current problems. This paper proposes a novel car insurance claim scheme based on smart contracts, blockchain, and zero-knowledge proof. Our scheme focuses on preserving privacy in the car insurance authorization and claim process. We design a private smart contract for the creation and revocation of car insurance and public smart contract for the authorization and validation of car insurance. By using ZoKrates, generating zero-knowledge proofs off chain and verifying the proofs on chain reduces the amount of data storage and computation on chain and provides privacy protection for sensitive information. Experimental results confirm the efficacy of our scheme in terms of security and performance.

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