Blockchain in the lending and insurance industry for financial inclusivity

Blockchain in the Lending and Insurance industry for Financial inclusivity One of the most disruptive ideas to have emerged in recent times is the concept of distributed networks and ledgers more commonly called as Blockchains and smart contracts. The study focuses on the application of Blockchain and Smart contracts in the transformation of the Personal loan and car Insurance industries both theoretically as well as empirically. The findings of the report can be directly applied to the Fintech startup that I am working for. The findings suggests that Blockchain can solve the problem of credit invisibility and also expedite the financial processes that exist