Hong Fangming, President of Huawei Cloud China: Artificial intelligence, big data and blockchain have become effective means of risk control in the insurance industry

According to the North China Network news, from June 27th to June 28th, the 12th Insurance Industry Informatization Summit Forum was held in Tianjin. Hong Fangming, president of Huawei Cloud China, said at the meeting that in the past two years, strict supervision has been obvious. For insurance institutions, in addition to the traditional means of preventing risks, artificial intelligence, big data and blockchain have become effective means of risk control in the insurance industry. He also pointed out that the construction of the core competitiveness of the insurance industry in the future includes the insurance core system, which mainly deals with the core data of the insurance business, and needs to construct the blockchain application and data processing process.