Everledger is a fraud detection system, overlaying big data from closed sources like insurers.
Everledger is a digital, permanent, global ledger that tracks and protects items of value by using the Bitcoin blockchain as a platform for provenance and combating insurance fraud. The London start-up is starting with diamonds, with a view to expanding into other luxury goods - high value items - whose provenance relies on paper certificates and receipts that can easily be lost or tampered with. With Everledger, the record is tamper-free; it’s immutable and can therefore be trusted.
Cardano (ADA) and Solana (SOL) have experienced problems that have made investors worried. But, in the middle of this negativity, a new competitor, Pomerdoge, has …
Everledger was quietly placed into insolvency after it didn’t manage to materialize its planned funding round from an undisclosed investor.
Blockchain technology can be used for fake product detection, providing secure and transparent records of transactions to prevent fraud and counterfeiting.