This project aims to design a blockchain-based insurance platform that automates claim processing. Smart contracts verify policy coverage and automatically release payments upon meeting claim conditions, reducing delays, fraud, and administrative overhead.
Study insurance claim processes and blockchain solutions for automation.
Design smart contracts for policy issuance, claim submission, and validation.
Develop a frontend for policyholders, insurers, and administrators.
Integrate wallet solutions for claim payouts.
Implement automated claim validation based on predefined conditions.
Test claim processing for various scenarios, including disputes and rejections.
Deploy smart contracts on a testnet for practical simulation.
Develop dashboards to track claims, payouts, and policy statuses.
Ensure transparency and immutability of all transactions.
Document system design, testing results, and suggestions for future improvements.
