One of our clients asked us: “If in the future there would be a superior new distributed ledger technology (DLT), how much effort would it…
Customer data is held in a secure data store that is owned by each party. The data store is in the cloud, in a specific…
Yes. These are used as part of the solution for the premium allocation and transaction matching with settlement.
The ‘shape’ is determined by the specific insurance contract – for example a Quota Share has a different ‘shape’ to an Excess of Loss contract.…
Management of digital identity within the DLT is a core component of the Blocksure architecture. Data security and privacy is intrinsic to the design, preventing…
Blocksure is a technology provider, not a regulated intermediary or insurer. Our partners are regulated, and we provide technology solutions that allow them to maintain…
For insurance the distributed ledger solves two big problems. The first is the transfer of policy and claims data between interested parties. Currently these parties…
A consensus mechanism is a system to ensure that data added to a distributed ledger is valid. There are multiple different forms of consensus mechanisms.
Blocksure OS is developed on Corda. Blocksure OS was originally developed on Ethereum and we moved to Corda as it provides a better enterprise platform.…
These products will be predominantly white labelled, and the Blocksure logo will be visible as part of a “powered by Blocksure OS” statement
In a simple Blocksure OS transaction, the node that would like to change the data (initiator node) will assemble the different pieces of data into…
Blocksure OS is supported by Blocksure Ltd, with technical support provided as standard. Our support team can be contacted by support tickets raised via Surelink…
Due to the fact that schemes will have various parties involved and a number of links in the process, blockchain and distributed ledger technology (DLT)…
Immutability means that a record, once written to the blockchain, cannot be edited without breaking the integrity of the chain. Each block refers to its…
A node can run anywhere that has access to the internet, be it in your company’s data centre, or hosted in cloud platforms such as …
A node is the piece of software run by each participant of the network to share, verify and store transactions. In a simple Blocksure OS…
A blockchain can be used to store any digital record, whether data, images or contracts. Uses range from records of transactions to recording images, or…
A distributed ledger is a database that is shared and synchronised over multiple sites. The ledger contains records of contracts and transactions that have each…
Distributed ledger technology (DLT) is a consensus of replicated, shared, and synchronized digital data geographically spread across multiple sites, countries, or institutions. Firstly, a key…
Encryption is the process of converting information into an unreadable stream of data that can then be safely stored or transmitted without allowing unauthorised access.Transactions…