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iSHANG Decentralized Solution : Proof-of-X NFT Certificate
iSHANG Decentralized Solutiion :
Proof-of-X NFT Certificate
HK Cyberport
Web3 Proof-of-Concept
Scheme 2024
Proof-of-Coverage
NFT Certificate Solution
HK Cyberport
Web3 Proof-of-Concept
Scheme 2024
Proof-of-Coverage
NFT Certificate Solution
Press Release
iSHANG & PSC Insurance Collaborate on Web3 “Proof of Coverage” Insurance Solution
under Cyberport Web3 Proof-of-Concept Subsidy Scheme
iSHANG & PSC Insurance Collaborate on
Web3 “Proof of Coverage” Insurance Solution
under Cyberport Web3 Proof-of-Concept Subsidy Scheme
iSHANG & PSC Insurance Collaborate on
Web3 “Proof of Coverage”
Insurance Solution
under Cyberport
Web3 Proof-of-Concept Subsidy Scheme
Collaboration on Cyberport
Web3 Proof-of-Concept Scheme 2024
PSC Insurance Holdings (HK) Limited (PSC Insurance), subsidiary of PSC Insurance Group publicly listed on ASX, a diversified insurance services group with operations in Australia, United Kingdom, Hong Kong, Vietnam & New Zealand, operating through 4 segments & having over 40 trading businesses across the Group
iSHANG Technology Limited (iSHANG), a leading technology company specializing in Web3 solutions operates a “Web3-as-a-Service” (W3aaS) platform that provides the infrastructure and a gateway for brands & enterprises to enter into the Web3 market
- Create a User-friendly interface for policyholders, implement advanced Web3 smart contracts, and establish a Secure and scalable infrastructure
- Aims to Revolutionize the insurance industry by introducing Non-transferable NFT (non-fungible token) certificates for policyholders, providing a Secure & transparent platform for managing insurance policies
- Reflects the collective effort to Propel adoption of Web3 technologies and Drive digital transformation within the insurance industry
- Insurers can Streamline claims processing, Automate certain tasks & Increase trust between insurers & customers
- Plays a Vital role in fostering innovation & adoption of Web3 technologies across various industries
3 Key Advantages of PoC Solution
Creating a secure, tamper-proof and transparent record of all transactions
Reducing the time & costs associated with claims processing
Using smart contracts to increase efficiency & eliminate manual intervention in routine processes
Samples of 3 types of
Proof-of-Coverage Certificate NFT
Proof-of-Coverage
Certificate NFT of
Employees' Compensation
Insurance
Proof-of-Coverage
Certificate NFT of
Public Liability
Insurance
Proof-of-Coverage
Certificate NFT of
Property All Risks
Insurance
About
Distribution
Key businesses include:
- PSC Insurance Brokers, providing commercial insurance broking services across Australia through 16 offices and advising more than 80,000 clients
- PSC Network Insurance Partners, an Authorised Representative (equity interest) network spanning Australia and New Zealand. The Network operates commercial insurance broking businesses in their own right and PSC Network provide business support
- Across PSC Network, there are more than 200 Authorised Representatives/ providing services to over 100,000 clients
- Life Insurance Broking & Workers Compensation Consulting is provided across the Australian businesses to enable a ‘full service’ capability across our client base
Key businesses include:
- PSC Insurance Brokers, providing commercial insurance broking services across Australia through 16 offices and advising more than 80,000 clients
- PSC Network Insurance Partners, an Authorised Representative (equity interest) network spanning Australia and New Zealand. The Network operates commercial insurance broking businesses in their own right and PSC Network provide business support
- Across PSC Network, there are more than 200 Authorised Representatives/ providing services to over 100,000 clients
- Life Insurance Broking & Workers Compensation Consulting is provided across the Australian businesses to enable a ‘full service’ capability across our client base
Specialty
Key businesses include:
- Chase Underwriting provides underwriting services in the construction (property and liability) and plant and equipment industries
- Breeze Underwriting provides underwriting services in the hospitality, accommodation, equipment hire and professional risks industries and classes
- Medisure Indemnity provides underwriting services across the medical and healthcare industries
- An online travel insurance business across multiple brands, including Travel Insuranz and Insure4Less
Key businesses include:
- Chase Underwriting provides underwriting services in the construction (property and liability) and plant and equipment industries
- Breeze Underwriting provides underwriting services in the hospitality, accommodation, equipment hire and professional risks industries and classes
- Medisure Indemnity provides underwriting services across the medical and healthcare industries
- An online travel insurance business across multiple brands, including Travel Insuranz and Insure4Less
Web3 as a Service Platform