Blockchain Insurance Solution Wins Consensus 2015 Makeathon
The Consensus 2015 Makeathon drew to a close today when Team 15 was awarded the event's $5,000 prize for an application that envisioned how the blockchain could be used to produce verifiable, immutable receipts for use during an insurance claims process. Led by Tierion CEO Wayne Vaughan, the four-member team included Citi credit and portfolio risk management associate Thulasi Nambiar. New York University computer science major Deepak Atal. Apttus sales engineer Dom Steil; and Coin Cafe's Emily Faber. Introducing the concept, Vaughan said: "Right now with our current insurance system there....
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Day one of the Consensus 2015 Makeathon brought together more than 60 developers, industry experts and students with the goal of developing new solutions using blockchain tech. Held at New York-based co-working space General Assembly and sponsored by Braintree, Chain, Coinbase and KeepKey, the two-day event involves 16 teams competing to win $5,000 in cash or a digital currency of their choosing. The teams are focused on solutions for financial inclusion or financial infrastructure, with interesting early solutions emerging. At the end of the morning's brainstorming session, teams had....
There are only 21 days to go until Consensus 2015, CoinDesk's inaugural summit on digital currencies and blockchain tech. In honour of the very special nature of the number 21 in the cryptocurrency space (there will only ever be 21 million bitcoins created), we're releasing a limited batch of 2-for-1 Consensus tickets, available for 24 hours only. We've added some great new sponsors and speakers to our lineup recently, including Gyft, Coinbase, Chain, Abra and BNY Mellon. After receiving a great response to our call for Makeathon applications - it was oversubscribed by 300% - we've closed....
We've all heard of recording land title-deeds on the blockchain as an amazing use-case for digital currencies and blockchain tech, but what else is out there? How else can we connect the dots to see new ways of using this revolutionary technology? We're interested in finding out, so we're hosting a Makeathon ahead of Consensus 2015. We want to gather a diverse, multi-disciplinary group of people with the goal of discovering fresh new use-cases for this amazing technology. This isn't just an event for software developers or designers either. We're looking for people who are immersed in....
Blockchain data startup Tierion has raised $1m in seed funding from several of the industry’s leading venture capital firms. The round was co-led by San Francisco-based Blockchain Capital and China-based Fenbushi Capital, which raised $50m in 2015 with the intent of investing in blockchain-based startups and projects. Digital Currency Group also participated in the round. The news comes one year after the service launched last September following a winning debut at the Consensus 2015 Makeathon. Tierion allows users to turn data from web and mobile apps into blockchain receipts that are....
An advisory council to the US Treasury Department focused on the insurance market will discuss blockchain tech at a meeting later this week. Set for tomorrow afternoon in Washington, DC, the Federal Advisory Committee on Insurance (FACI) will discuss a range of issues, according to publicly available materials, including the use of the tech in the US insurance market. The government said of the hearing: “In this meeting, the Committee will discuss a number of issues, including blockchain technology in the insurance sector, the changing auto safety landscape, and an overview of insurance....