Volume 9, Number 4

Political Risks and Blockchain: Definitions and Possible Case Examples

  Authors

Remy Zgraggen, University Oldenburg, Switzerland

  Abstract

The present research article shall outline how blockchain solutions could be combined with insurance solutions against political risks (PRI). Through the definitions and the characterization of the key concepts of traditional insurance law and blockchain technology using possible case examples of specific political risks, it will be shown, how the insurance coverage of political risks could be achieved through smart insurance contracts or other blockchain solutions in the future.

  Keywords

Insurance & Risks, Political Risk Insurance, Smart Insurance Contract, Blockchain, Insurance Principle, Insurance Law, Insured Event, Risk Mitigation.