International Research Journal of Innovations in Engineering and Technology - IRJIET International Open Access, Monthly, Peer Reviewed, Reputed Journal ISSN (online): 2581-3048

Impact Factor (2025): 6.9

DOI Prefix: 10.47001/IRJIET

Blockchain-Based Insurance Claim for Farmers with Smart Contract

Abstract

A blockchain- based insurance system for farmers could help to improve the efficiency and accuracy of insurance claims processing, as well as help to reduce fraud and corruption. The system could also help to ensure that farmers receive the full benefits to which they are entitled. Blockchain-based insurance system for farmers with smart contracts. The system is designed to provide farmers with insurance coverage against crop failure due to natural disasters. The system uses smart contracts to automatically calculate and pay out insurance claims to farmers based on data from the weather cloud app. The system will be designed to be tamper-proof and to provide a transparent and efficient way for farmers to receive insurance payments.

Country : India

1 Prof. Aparna Thakare2 Vaibhav Nalawade3 Vaibhavi Wayal4 Partiksha Hajare5 Tejas Adhalrao

  1. Department of Computer Science and Engineering, Siddhant College of Engineering, Sudumbare, Pune, India
  2. Department of Computer Science and Engineering, Siddhant College of Engineering, Sudumbare, Pune, India
  3. Department of Computer Science and Engineering, Siddhant College of Engineering, Sudumbare, Pune, India
  4. Department of Computer Science and Engineering, Siddhant College of Engineering, Sudumbare, Pune, India
  5. Department of Computer Science and Engineering, Siddhant College of Engineering, Sudumbare, Pune, India

IRJIET, Volume 7, Special Issue of ICRTET- 2023 pp. 173-176

IRJIET.ICRTET36

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