scholarly journals Blockchain for automotive: An insight towards the IPFS blockchain-based auto insurance sector

Author(s):  
Nishara Nizamuddin ◽  
Ahed Abugabah

The advancing technology and industrial revolution have taken the automotive industry by storm in recent times. The auto sector’s constantly growing demand has paved the way for the automobile sector to embrace new technologies and disruptive innovations. The multi-trillion dollar, complex auto insurance sector is still stuck in the regulations of the past. Most of the customers still contact the insurance company by phone to buy new policies and process existing insurance claims. The customers still face the risk of fraudulent online brokers, as policies are mostly signed and processed on papers which often require human supervision, with a risk of error. The insurance sector faces a threat of failure due to losing and misconception of policies and information. We present a decentralized IPFS and blockchain-based framework for the auto insurance sector that regulates the activities in terms of insurance claims for automobiles and automates payments. This article also discusses how blockchain technology’s features can be useful for the decentralized autonomous vehicle’s ecosystem.

2012 ◽  
Vol 94 (888) ◽  
pp. 1455-1479 ◽  
Author(s):  
Olivier Dubois ◽  
Katharine Marshall ◽  
Siobhan Sparkes McNamara

AbstractThe field of humanitarian action is far from static, and the ICRC has worked over the years to evolve and respond to changing needs and changing circumstances. The past several decades have seen a proliferation of humanitarian actors, protracted, complex conflicts, and the rapid rise of new technologies that have significantly impacted how humanitarian work is done. The ICRC has been continually challenged to adapt in this changing environment, and its core work of supporting separated families – through restoration of family links and through support to the families of the missing – provides insight into ways that it has met this challenge and areas in which it may still seek to improve.


Author(s):  
İsmail Yıldırım

Industry 4.0 defines the fourth industrial revolution, a new level in the organization and management of products and production systems. This cycle consists of services that include the entire chain, including individualized customer requests, product development, production order, distribution, and recycling to the end user. One of the most important preconditions for the realization of the Industry 4.0 revolution is that companies have completed their digital transformations. New technologies and digitalization have brought a new understanding of insurance. Insurance companies are focused on four areas such as big data, artificial intelligence, internet of objects, and blockchain in the changing world. With the changing habits of consumers in their daily lives, new generation insurance needs emerged. The introduction of a new era shaped by the insurance industry with new products, services, competitors, and customer expectations will have various effects. This chapter describes how Industry 4.0 transforms the insurance sector.


History has always been a great indicator of past behaviour as well as of future trends. However, when you think of what future jobs may look like, you do not certainly expect to find a plausible response in the past. Technologies and scientific advancements in general make it almost impossible to predict what you will be required to know in order to get—or maintain—your job in the next six months, let alone in the next couple of years. Whilst disruption seems such a new concept nowadays, we will learn that disruptive innovations have always been part of our story. The authors look at the major industrial revolutions known to humans and discuss patterns to help us prepare for the forthcoming future.


Author(s):  
Elizabeth Bradley Strauchen-Scherer

Over the past four hundred years, instrument makers and performers have pursued extended range, the ability to play louder, the capacity to play more chromatic notes, and the desire for a more homogeneous tone. The technological innovations and redefinition of playing technique needed to realize these goals nearly always resulted in changes to an instrument’s timbre. Newly emerging technologies such as advanced key systems and valves accelerated this process during the Second Industrial Revolution and the timbral identity of wind instruments, brass in particular, was recast. Although often superficially understood as a linear progression, the narrative of technological developments and their adoption is a confluence of many factors in which timbre is a primary element. The use of new technologies was governed by factors including performer and listener expectations, prevailing aesthetics, national preferences, class distinctions associated with particular repertoires and groups of performers, and the socio-timbral connotations of instruments. Performers and listeners became attuned to the multifaceted timbral palette created by the simultaneous use of old and new instrumental technologies during the nineteenth century and composers used both to create highly nuanced soundscapes. The eventual replacement of these instruments by their modern successors reflected more than technological progress and served to diminish composers’ timbral intentions. Although initially the preserve of the historically informed performance movement, increased appreciation for the distinctive timbral characteristics of many superseded instruments is leading to a reappraisal of their use in the modern orchestra and as a medium for contemporary composers.


Author(s):  
İsmail Yıldırım

Industry 4.0 defines the fourth industrial revolution, a new level in the organization and management of products and production systems. This cycle consists of services that include the entire chain, including individualized customer requests, product development, production order, distribution, and recycling to the end user. One of the most important preconditions for the realization of the Industry 4.0 revolution is that companies have completed their digital transformations. New technologies and digitalization have brought a new understanding of insurance. Insurance companies are focused on four areas such as big data, artificial intelligence, internet of objects, and blockchain in the changing world. With the changing habits of consumers in their daily lives, new generation insurance needs emerged. The introduction of a new era shaped by the insurance industry with new products, services, competitors, and customer expectations will have various effects. This chapter describes how Industry 4.0 transforms the insurance sector.


Author(s):  
Ahad Zare Ravasan ◽  
Taha Mansouri

Data mining has a tremendous contribution for researchers to extract the hidden knowledge and information which have been inherited in the raw data. This study has proposed a brand new and practical fuzzy analytic network process (FANP) based weighted RFM (Recency, Frequency, Monetary value) model for application in K-means algorithm for auto insurance customers' segmentation. The developed methodology has been implemented for a private auto insurance company in Iran which classified customers into four “best”, “new”, “risky”, and “uncertain” patterns. Then, association rules among auto insurance services in two most valuable customer segments including “best” and “risky” patterns are discovered and proposed. Finally, some marketing strategies based on the research results are proposed. The authors believe the result of this paper can provide a noticeable capability to the insurer company in order to assess its customers' loyalty in marketing strategy.


2018 ◽  
pp. 1050-1067 ◽  
Author(s):  
Ahad Zare Ravasan ◽  
Taha Mansouri

Data mining has a tremendous contribution for researchers to extract the hidden knowledge and information which have been inherited in the raw data. This study has proposed a brand new and practical fuzzy analytic network process (FANP) based weighted RFM (Recency, Frequency, Monetary value) model for application in K-means algorithm for auto insurance customers' segmentation. The developed methodology has been implemented for a private auto insurance company in Iran which classified customers into four “best”, “new”, “risky”, and “uncertain” patterns. Then, association rules among auto insurance services in two most valuable customer segments including “best” and “risky” patterns are discovered and proposed. Finally, some marketing strategies based on the research results are proposed. The authors believe the result of this paper can provide a noticeable capability to the insurer company in order to assess its customers' loyalty in marketing strategy.


Author(s):  
Jayameena Desikan ◽  
A. Jayanthila Devi

Purpose: In India, the insurance industry has grown rapidly in the last decade, introducing many innovative products. India's insurance industry is vital to the country's economy. Digital Transformation have a drastic impact on the Insurance sector. Digitization results in future innovative designs and launch innovative products which help insurance companies and the customers. Digital innovation is transforming the way how the insurance companies work with industries by integrating IoT devices with health insurance which will also benefit the customers. In this paper, we will analyze and understand how HDFC ERGO has implemented digital transformation that has enhanced operational efficiencies and completely transformed service deliveries and customer experience in the insurance industry. Objectives: To do analysis and review on the digital transformation in the insurance company and how it has impacted the operational efficiencies, service deliveries and customer experience. Design/Methodology/Approach: This company analysis was done by analyzing and referring different sources like online sources, such as websites, blogs, scholarly articles, web articles, and using Technology Analysis as a framework. Findings/Result: Digital transformation and how it impacts insurance company in terms of its operational efficiency, service deliveries and customer experience are discussed. Analysis done to find how the organization should stay ahead in implementing the digital technologies and how digital transformation helps the insurance industry to explore new technologies and provides innovative ideas to improve organizational efficiency Originality/Value: Based on the information and the data available, digital transformation and its impact in the insurance company in the current state is analyzed. Paper Type: A Case study analysis done on the digital transformation in the HDFC ERGO general insurance company.


2020 ◽  
Vol 6 (5) ◽  
pp. 605-621

Digital anthropology is the anthropological discipline of the relationship between humans and digital technology. It has been emerging from the Fourth Industrial Revolution, which began at the beginning of the twenty-first century with new technologies. With interaction among people both in physical life and online, the change in method of digital anthropology is closely tied to the theoretical changes in anthropology, especially the formation of postmodern theory emerging from the early 1980s of the twentieth century and its practice to this day. Since post-modern anthropologists concentrate on voices, authority, and power relations between anthropologists and their informants, they call for a more “collective” and “participatory” approach to research and dialogue instead of monologues. To discuss potentials and prospects in Vietnam, this study shows the author’s understandings of the historical development of digital anthropology in the world and how this knowledge can be useful for cultural development in communities by engaging postmodernist anthropology with digital anthropology in Vietnam. In the past 20 years, in Vietnam, digital anthropology, also known as visual form, has taken steps to form and has good prospects; however, there is not yet a digital anthropology center with all its functions and duties. Adopting the postmodern turn in anthropology to empower local people in anthropological research, Vietnamese digital anthropologists have changed their roles in ethnographical fieldwork towards shared anthropology. Having experiences with visual anthropology over 20 years, the author foresees a young digital anthropology that requires strong support from traditional theories, especially post-modernist anthropology theories. Received 19th February 2020; Revised 17th September 2020; Accepted 28th September 2020


Author(s):  
Eleanor Ramsey

While many towns and cities have historic origins, the modern urban landscape is often unrecognisable from the past. Over the last two thousand years innumerable changes have occurred, from the Roman period to the Industrial Revolution, culminating in wide scale development and redevelopment of towns and cities during the 19th and 20th centuries. Fragments of the past survive as extant buildings, monuments, and areas, and are offered protection through mechanisms such as the National Heritage List for England. However, these buildings are part of a dynamic and changing environment, and their place within their original landscape not always visible. Meanwhile, the advent of mainstream and accessible immersive virtual reality offers opportunities to recreate and explore the past, and to disseminate a deeper understanding of the history and historic context of our heritage assets to a broader audience via new technologies. This paper discusses a project based on Wolverhampton that aims to create immersive and 360° experiences of the historic city that allows the user or viewer to explore how the city might have been in the past from a ‘first person’ perspective. It uses multiple approaches to gather, verify and validate archival data, records, maps and building style information. The project itself is a work-in-progress, with various approaches being explored. It looks at sources of information used to inform the virtual world; software and methodologies used to create the model; different forms of VR output; potential forms of funding for wider dissemination; and problems encountered so far.


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