Researchers from School of Mathematics Discuss Findings in Data Sharing (A Blockchain-Based Auto Insurance Data Sharing Scheme): Information Technology – Data Sharing

2021 DEC 17 (NewsRx) -- By a News Reporter-Staff News Editor at Information Technology Daily -- New research on data sharing is the subject of a new report. According to news reporting originating from the School of Mathematics by NewsRx correspondents, research stated, “Auto electronic insurance policy and electronic maintenance list record the entire process of auto owners purchasing auto insurance and repairs after accident, respectively.”

Funders for this research include Sichuan Science and Technology Program.

Our news reporters obtained a quote from the research from School of Mathematics: “They play a vital role in auto owners’ applications for claims and insurance company’s judgment on whether to settle the claims. However, the privacy of insurance policy and the ‘information island’ resulting from the nonsharing of data between users make the claim has low efficiency. The notable features of blockchain technology are decentralization and tamper-proof, which can well solve data sharing and privacy protection. This paper proposes a blockchain-based auto insurance data sharing scheme to improve the existing auto insurance claim system. The scheme includes four main bodies: auto owner, insurance company, 4S Shop, and government authority. In the proposed scheme, the data sharing of authorized users is realized through proxy reencryption.”

According to the news editors, the research concluded: “Finally, we have analyzed the security and performance of the solution. The analysis results show that the proposed scheme can meet many security features such as user access control and data tamper resistance and has an ideal calculation and communication cost.”

For more information on this research see: A Blockchain-Based Auto Insurance Data Sharing Scheme. Wireless Communications and Mobile Computing, 2021,2021. (Wireless Communications and Mobile Computing - https://www.hindawi.com/journals/wcmc/). The publisher for Wireless Communications and Mobile Computing is Hindawi-Wiley.

A free version of this journal article is available at https://doi.org/10.1155/2021/3707906.

Our news journalists report that more information may be obtained by contacting Xiaoguang Liu, School of Mathematics.

(Our reports deliver fact-based news of research and discoveries from around the world.)