🏥 LedgerLink - Reinventing Insurance with Blockchain & IoT

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LedgerLink is an innovative blockchain-powered insurance platform designed to revolutionize insurance claims processing through IoT sensors, smart contracts, and transparent verification. We bring trust, efficiency, and automation to insurance ecosystems.

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🚀 Deployment

The platform is currently in development and will be deployed on the Peaq Network.

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📜 Smart Contract

Smart Contract Address: TBD Network: Peaq Testnet

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📚 Table of Contents

• 🌟 Key Features
• 🎯 Project Vision
• ⚙️ Technologies Used
• 🛠 Getting Started
• 📖 Usage
• 🛤 Roadmap
• 📜 License
• 📞 Contact

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🌟 Key Features

• IoT-Powered Claims: Automated claims processing using real-time sensor data
• Blockchain Verification: Transparent, tamper-proof claim settlements
• Instant Payouts: Eliminate manual verification and reduce settlement times
• Multi-Sector Coverage: Initial focus on car and home insurance
• Real-Time Sensor Integration: Automatic incident detection and verification

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🎯 Project Vision

Democratize insurance by creating a transparent, efficient ecosystem that prioritizes customer experience and leverages cutting-edge technologies like IoT and blockchain.

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⚙️ Technologies Used

• Blockchain: Peaq Network
• Smart Contracts: Solidity
• IoT Integration: Raspberry Pi, Ultrasonic Sensors
• Frontend: React.js
• Data Verification: Blockchain-based smart contracts

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🛠 Getting Started

🔧 Prerequisites

• Node.js (v16+)
• npm
• MetaMask or Web3 Wallet

📦 Installation

1. Clone the Repository

   git clone https://github.com/jmt-genius/ledgerlink.git
   cd ledgerlink

2. Install Dependencies

   npm install

3. Set Up Environment Variables Create a .env file with:

   REACT_APP_PEAQ_NETWORK_RPC=your_peaq_network_rpc_url
   

4. Run the Application

   npm start

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📖 Usage

1. User Registration

• Connect Web3 wallet
• Complete KYC verification
• Select insurance policy

2. Policy Purchase

• Choose insurance type (car, home)
• Configure policy parameters
• Pay premium via cryptocurrency

3. Claims Processing

• IoT sensors automatically detect incidents
• Blockchain verifies claim conditions
• Instant settlement processed

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🛤 Roadmap

Phase 1: Development

• ✅ IoT sensor integration prototype
• ✅ Blockchain smart contract development
• ⬜ Initial testnet deployment

Phase 2: Beta

• ⬜ User testing
• ⬜ Expand sensor integration
• ⬜ Refine claim processing algorithms

Phase 3: Expansion

• ⬜ Multi-sector insurance coverage
• ⬜ Global market penetration
• ⬜ Advanced predictive analytics

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📜 License

This project is licensed under the MIT License.

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📞 Contact

• Email: ahkharsha@gmail.com

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Made with ❤️ by LedgerLink Team