Most people are saying that Insurance is the killer app for blockchain. From my research however, the industry is mostly interested in blockchain applications for existing lines of coverage and applications for culling the back office - get rid of all those pesky agents and processors. All the great ideas that involve insurance innovation may be slow to arise out of the major players because large pools of clients need to be built up in order for risk to be priced correctly. The disruptors will likely carry that torch with micro-insurance and insurance on demand, etc. But they may be slowed by archaic regulations. VC funding will try to pick winners and losers but what insurance really needs is tip-to-toe comprehensive coverage across society. What good is insuring your rolex from being stolen next sunday when crime is left un abated for lack of financial stability. So the friction is still enormous. Seems that the great risk today are data failures. Obscuring truths will mess up all the data upon which markets depend. Our approach at The Ingenesist Project is to secure knowledge assets and combine them in ways that cause truth to emerge on an immutable registry. The quality of the information can then feed into the appropriate risk models enabling comprehensive insurance innovation.