Unlike traditional cargo insurance with manual claims procedures, blockchain-based models deploy smart contracts that automatically trigger insurance payouts when predefined conditions occur—for example, temperature threshold breaches in cold chains or delays on time-sensitive shipments.
Source: https://www.ibm.com/blockchain/solutions/insurance
Matching tools and partners
You might also be interested in these terms
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.