Apoorve73 / Covisurance

COVISURANCE is a Blockchain-based insurance platform to provide health insurance against Covid-19 related issues.

🛡 COVISURANCE - CHECK DEMO HERE

ORGANISATIONAL REPO LINK

COVISURANCE is a Blockchain based insurance platform to get instant Premium Cover.

🔴 Problem Statement:

Medical treatment is one of the major expenses in one’s life. Getting hospitalized brings with it a great financial need urgently. For this people invest in health insurance but in today’s scenario getting claims from the insurance companies have become a very time taking process. This problem has majorly scaled up during the Covid-19 situation. God-forbid, anyone gets Covid-positive there is an urgent need for money for tests, ambulance service, medication, oxygen etc. and even after demise, the family members must get their claims as soon as possible to continue their livelihood. Our solution would increase the ease of getting health claims and greatly reduce the time span of the process for the wellbeing of the people.

🟡 Idea Description:

• We have used Blockchain to channelize the funds.
• Through an easy to UI, the user will register on our online platform and submit the required documents to verify.
• Then according to the user there will be plans based on the claims needed. In this way the user will register and we start streaming the premium from their Portis Wallet.
• When the consumer is in need of funds he/she would have to upload the supporting documents to validate their fund needs.
• Once verified the funds will be immediately transferred to them using our solution deployed upon Polygon Testnet.
• Using Blockchain will make it possible to channelize funds without delay hence providing people with funds and helping them to get better treatment and better lives for their loved ones.

🟢 Technology Stack:

Web Development

Blockchain

Document Verification

Deployment

Snapshots

WebApp

Document Verification

Use Cases and Future scope:

Getting the best healthcare will be everyone’s aim even after this pandemic gets over. Presently our concern is to provide instant hassle-free health insurance against Covid-19. In future this Blockchain based health-insurance system can be deployed as a general model and help people getting their claims and enabling them to get the best treatment immediately.

How to run locally?:

• Clone the repository.
• Open your favourite editor.
• Change the path for the respective assets.
• Open index.html in a browser.
• For Python install the OpenCV and pytesseract libraries.
• Download Tesseract-orc from: https://tesseract-ocr.github.io/tessdoc/Downloads.html
• Now you are good to go 👾‍
• Open for code reviews.
• Visit here : Covisurance