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9 MINS READ

Nagarajan Venkatesan

Domain Consultant, AWS Business Unit

Highlights

  • The insurance industry is vulnerable to hacking and other exploits by cyber criminals, but Web3 can help reduce risks and build customer trust.
  • Web3 enables decentralized technologies such as blockchain, which enables “smart contracts” and other emerging capabilities.
  • Blockchain in Web3 insurance can reap huge benefits for users and will disrupt the product development value chain.