Mutual treasure uses blockchain to process corona virus claims

During the outbreak, Huobao had used blockchain to manage claims related to coronavirus. At present, Huobao has added a new coronavirus to eligible diseases, with a maximum one-time payment of about 100,000 yuan. According to previous reports, more than 100 million people across the country have joined Alipay's critical illness mutual assistance program "Mutual Treasure". It is reported that, through the blockchain's open, transparent, non-tamperable and other technical features, mutual guarantee to ensure that there will be no fraudulent insurance and fraudulent accounts.