How does Zhongan Insurance's technical bull do blockchain? (They didn't do it, but Ant Financial made an online charity certification blockchain),
The essence of insurance operation is to put the insured's funds together to form a pool of funds. Once the insured encounters misfortune, the fund pool will give part of the funds to the insured as agreed. This operation itself can be realized through the programming of blockchain technology, with the advantage of greatly reducing the cost of insurance. The cost of insurance is very high, mainly for sales and the daily expenses of insurance companies. As long as you believe that blockchain technology will not cheat, you can greatly reduce the integrity cost of the insurance industry and greatly improve the efficiency of the insurance industry.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.