The relationships between insurers and policyholders resemble more of a cat-and-mouse game, where insurers add ‘fine print’ at the bottom of contracts to limit compensation, and policyholders do not hesitate to exaggerate or multiply claims to ‘recoup’ their premiums, with increasing cases of fraud.
The 6022 Protocol is not intended to replace insurance contracts or the relationships between insurers and policyholders.
Its sole purpose is to establish a parallel relationship of trust alongside existing contracts.
« The 6022 protocol is named after Avogadro’s number (6.022 x 10^23) because, just as Avogadro’s discovery enabled large-scale transformations in chemistry, this protocol empowers businesses to achieve game-changing transformations through blockchain technology. »
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