Applying blockchain privacy to the insurance industry

ANNAP DEREBAIL | September 5, 2018

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Recently, some of my colleagues published an excellent and informative article on the evolution of privacy and confidentiality in networks built on The Linux Foundation’s Hyperledger Fabric. As an industry practitioner, I look to apply that philosophy to insurance business network design. As the article details, “Privacy is frequently achieved by mechanisms that enforce the confidentiality of data and the anonymity of transaction participants.” To that end, privacy can be defined as individuals and organizations are “prevented from accessing data that they are not authorized to access,” while confidentiality being described as the “identities of the participants of the transactions.” In this article, I will illustrate the use of concepts channels, private transactions and unlinkable transactions to meet different privacy and confidentiality needs imposed by insurance-related scenarios.

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