Parameta and Shinhan EZ complete insurance process PoC on deposit tokens
- —The PoC covered the full cycle: product creation, premium collection, data gathering, condition assessment, payout, exclusions and settlements
- —It used the Parasta digital asset infrastructure on blockchain with smart contracts
- —Traceability of decision grounds and processing history was verified at every stage
Why it matters: The case shows deposit tokens moving beyond payments into a real financial process — insurance — expanding blockchain's use in traditional finance.
Source: Digital Today