China's insurance industry intelligent wind control white paper: insurance companies need to apply sophisticated technology such as artificial intelligence, blockchain and other cutting-edge technologies

According to People's Daily News, a few days ago, the “China Insurance Industry Intelligent Risk Control White Paper” jointly published by Financial Accounts and China Insurance Association analyzed the current situation of risk management and control in the insurance industry. The white paper suggests that insurance companies need to deeply apply cutting-edge technologies such as artificial intelligence and blockchain to comprehensively upgrade the risk management and control model from the aspects of digitization, stereoscopic, pre-positioning and intelligentization; combined with AI image recognition, biometrics, emotion recognition, Frontier technologies such as blockchains replace the human brain with computers and respond to known and unknown risks in a more intelligent way, such as machine learning.