The purpose of this project is to model blockchain-based smart contracts using collaborative business process solutions. In this thesis, a collaborative business process involving mutually untrusted parties in a decentralized environment is provided. Most specifically, a process choreography for the underwriting of a train delay policy through a parametric insurance to automate claims with smart contracts is illustrated.
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View Code? Open in Web Editor NEWProject [insurtrain] models blockchain-based smart contracts using collaborative business process solutions. It supports the generation of smart contracts and the controlled execution of the choreography in a transparent method by using oracles and data for the automatic settlement of the claim when a train is delayed.