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RE: Block Chain Technology and the potential benefits for Queensland.

in #blockchain7 years ago

Imagine a world where your (reported) stolen caravan gets picked up on a red light camera and triggers a reaction on the blockchain that sends a report to the police officer you reported it to. Next, it turns up in a caravan park where the same alarm is set off as it went through the gate. Maybe I'm dreaming, but wouldn't it be awesome if the blockchain could achieve this? A major portion of police call-outs on the Gold Coast are for stolen cars. I love the AXA flight insurance application for blockchain technology - once a policy is purchased, any event that is covered by the policy, flight cancellations and delays that cause a flight connection to be missed, etc. can trigger a payment of the policy automatically. Good luck with the presentation.

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