Research On The Application Of Blockchain Technology In Insurance Network Mutual Assistance ——Taking Kangai Commune As An Example

At present,with the application of blockchain technology,the business models of many traditional industries have achieved good development prospects.For example,the application of blockchain in the financial field can achieve "decentralization" and distributed storage.At the same time,it greatly improves the openness and transparency of information,effectively improves the efficiency of operation in finance and other fields,and also improves the confidence of investors.At the same time,because blockchain technology has technical means such as "smart contract" and "information encryption",it redefines "commercial credit" and changes the original business model.Thanks to the many advantages of blockchain technology,this technology has also begun to be applied in insurance and other fields.For example,the insurance like network mutual aid product based on blockchain technology,whose early social group model of spontaneous organization through "credit commitment",began to develop rapidly after the intervention of blockchain technology,and accumulated a large number of user groups with the help of the communication efficiency of the Internet.However,with the cessation of operation of many types of insurance network mutual aid products,including "mutual insurance" since 2017,many problems have also been exposed in this field,such as insurance fraud,information security risk,adverse selection,market supervision,etc.,which have brought certain challenges to the development of insurance network mutual aid products,Therefore,in this context,how to use blockchain technology to alleviate the problems existing in the development of insurance network mutual assistance platform has become an important research topic at present.It has high theoretical research significance and practical guiding value for making up for the social security of low-income groups and the ability of families to resist risks.This paper intends to take "Kangai commune" as the research object,through the discussion of the theoretical mechanism of class insurance network mutual assistance,compare the similarities and differences between class insurance network mutual assistance and traditional insurance,and find out the current development status and shortcomings of class insurance network mutual assistance in China.By comprehensively analyzing the typical cases of insurance network mutual assistance in China,and combined with the characteristics of decentralization,transparency,autonomy and data tamperability of blockchain technology,this paper discusses the important role of blockchain technology in all aspects of "Kangai commune",analyzes its existing problems and further discusses the causes of its existing problems,Finally,specific suggestions are put forward for the problems existing in the application of blockchain technology in "Kangai commune".Including: building a public chain,forming linkage,reducing the risk of insurance fraud,building a higher-level information security system,building a supervision mechanism based on blockchain technology,promoting the construction of risk management and control,and putting forward the concept of comprehensive development of similar insurance network mutual assistance based on blockchain technology,hoping to have a certain practical reference value for the development of "Kangai commune" and similar insurance network mutual assistance platform.