Certain blockchain use cases, even if not presently feasible, are quite obvious — payments, trade settlement and clearing, value transfer…, escrow, etc. Other use cases, however, remain less apparent. ¶
Consider insurance, a storied trillion-dollar industry in the U.S. that rarely embraces technology (not counting the current Oscars of the world). Many insurance transactions, particularly in fields like the standard property and casualty underwriting process, continue to depend on cumbersome paper forms with minimal online-enabled applications.