October 24, 2021

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Telecom Big Thinks Blockchain Can Make Phone Insurance policies Additional Practical By Cointelegraph

Telecom Giant Thinks Blockchain Can Make Phone Insurance More Convenient
Telecom Large Thinks Blockchain Can Make Telephone Insurance policies More Practical

South Korean telecommunications company, SK Telecom, announced a blockchain-based document submission approach for cell cellphone insurance policies. This new protocol will do absent with the company’s present antiquated paper processing approaches.

Before now, people experienced to pay a visit to a complex mend business office to acquire insurance benefits for ruined phones, in accordance to Itbiznews. Effective visits would conclude with a claim receipt, which they then had to ahead by means of email or fax to the insurance policies firm.

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