A Blockchain and IPFS-Based Anticounterfeit Traceable Functionality of Car Insurance Claims System

• Published in: Sensors (Basel, Switzerland) Vol. 23; no. 23; p. 9577
• Main Authors: Chen, Chin-Ling, Zheng, Ying-Ming, Huang, Der-Chen, Liu, Ling-Chun, Chen, Hsing-Chung
• Format: Journal Article
• Language: English
• Published: Switzerland MDPI AG 01.12.2023
• Subjects: Accident investigations; Accidents; Algorithms; Automobile insurance; Blockchain; car insurance; Claims adjustment (Insurance); Consortia; Contracts; Data security; Digital signatures; Elliptic Curve Digital Signature Algorithm (ECDSA); Fatalities; Hyperledger Fabric; Information storage and retrieval; Insurance claims; Insurance companies; Insurance fraud; Insurance premiums; Interplanetary File System (IPFS); Policyholders; Privacy; Property and casualty insurance industry; Security management; smart contract; Traffic accidents & safety; Taiwan; China; Interplanetary File System (IPFS); Elliptic Curve Digital Signature Algorithm (ECDSA); Hyperledger Fabric; blockchain; car insurance; smart contract

Due to frequent traffic accidents around the world, people often take out car insurance to mitigate their losses and receive compensation in a traffic accident. However, in the existing car insurance claims process, there are problems such as insurance fraud, inability to effectively track and trans...