Smart Contract Development: A Paradigm Shift
Thanks to automation, trust, and transparency offered by smart contracts, 25% of global companies are set to embrace the technology by 2022 year-end. The popularity of smart contract development services is rising exponentially.
Blockchain protects the insurer from fraudulent claims and optimizes risk assessment in the blockchain in insurance services. Thus, more than 80% of insurance companies are eager to adopt blockchain.
Another reason for this shift is that insurance companies need to store, verify, and process huge customer data volumes. Post that, only they release payments against the claims made.
The absence of an automated solution can lead to inaccurate claim handling and increase the scope of manipulation. Besides, it can be bad for customer relations too, as some of them have no but to work out a way with traditional sector offerings.
Blockchain links together claims data and all other valuable data sets cryptographically. It is then stored in a ledger and then copied to all other ledgers with utmost transparency.
Sounds exciting? Connect with our team today to see your dream convert into reality!
Industrial Spread of Smart Contracts
Enhance data quality, pave the way for investor protection, and boost core functionalities of financial institutions.
Streamline management operations and remove transactions like leasing, purchasing, and sales anomalies.
Track product flow in an easy manner, automate B2B payments and get real-time visibility across the supply chain.
Simplify medical claim verification, healthcare management, and data sharing between healthcare institutions.
Perform 3x error checks, payout calculations, and automate policies based on information stored in the smart contract.
Our white-label wallet lets you access secure infrastructures send, receive and store a host of crypto assets.
Why Choose Prolitus As Your Smart Contract Development Company?
- Extensive Experience: Our team holds real-world experience in blockchain-based product development and delivers outcomes that boost business growth.
- Cutting-Edge Solutions: We lead digital transformation initiatives with forward-thinking solutions that help businesses automate core operations, develop better models and improve customer experiences.
- Advanced Research Capabilities : We conduct in-depth research to learn, seize, and capitalize on opportunities and enable businesses to make a smooth transition to a new decentralized digital world.
- Enthusiastic and Cross-functional Team : Our team of subject matter experts and developers are always learning and experimenting. Furthermore, they help you adopt new technologies, strengthen your business, and make way for long-term success.