Category:

Technology

Blockchain technology brings crop insurance to paddy field farmers

Aon, Etherisc and Oxfam in Sri Lanka collaborate to give thousands of Sri Lankan small holder farmers access to blockchain-enabled micro-insurance/A major barrier to entry for farmers is a lack of affordable and reliable insurance products, and understanding about how insurance will help them survive and when it will pay out. By leveraging blockchain technology it is intended to automate parametric insurance products, transforming and simplifying the claims process to the point that the farmer would not need to submit a claim and the insurer would not need to send a claims adjuster in the field.

read more

U.S. Warns of New Cyber Attacks by Group with China Ties

The Department of Homeland issued a technical alert for cloudhopper, which it said was engaged in cyber espionage and theft of intellectual property, after experts with two prominent U.S. cybersecurity companies warned earlier this week that Chinese hacking activity has surged amid the escalating trade war between Washington and Beijing.
Chinese authorities have repeatedly denied claims by Western cyber security firms that it supports hacking.

read more