Insureblocks Blockchain & Smart Contracts In Insurance

Defining and understanding what is blockchain is a difficult task in itself. Michel Rauchs published a white paper entitled “Distributed Ledger Technology Systems – A Conceptual Framework” whilst he was at the Cambridge Centre for Alternative Finance. to help clarify all the concepts in DLT systems and to provide a framework in understanding those systems.   About Michel Rauchs Michel got interested in Bitcoin, cryptocurrencies, blockchain technologies about 5 years ago and then decided to write a master thesis about the evolution of the Bitcoin business ecosystem. For his thesis he monitored the evolution of this ecosystem by taking a data set of 500 different companies, projects and organisations over a 5 year period. Joined the Cambridge Centre for Alternative Finance to work full time as a researcher of the blockchain and cryptocurrency ecosystem. He has now recently left the Cambridge Centre to set himself up as an independent consultant at Paradigma.     What is blockchain? Michel concedes that answ