Web3.0 in insurance Part 1: Futuristic or panacea?

Originally published at: Web3.0 in insurance Part 1: Futuristic or panacea? - Daily Fintech

Web 3.0 is founded on a substrate of edge computing, machine learning and decentralized data architecture. This decentralization of data hinges on blockchain technology to create an open, secure and transparent workscape, enabling participants on the network to interact sans intermediaries, while ensuring that data ownership resides with users. The expectation for Web3 is to…