September 3, 2020 – Boston, MA – Borderless Capital, a venture capital fund that invests in category-leading businesses leveraging Algorand technology has announced its investment in Attestiv Inc.
Companies like Attestiv, using the combination of AI and blockchain (or distributed ledger technology) have been able to carve a solid defense for organizations to put authenticity back into digital media.
Some speculate that overall fake news could cost the economy $39 billion a year. Quite a market to grab for a savvy tech startup, even at 1%!
We have now seen them. Photos and videos that look so real that it seems impossible that they could be fake…but they are. Imagine making underwriting or adjusting decisions based on doctored or fraudulent imagery. In this episode, Nick Lamparelli interviews Nicos Vekiarides, CEO of Attestiv. Attestiv is using blockchain technology to certify aspects of […]
Listen as Tony Canas and Nicos Vekiarides discuss Attestiv and its impact on the insurance industry.
Attestiv believes its AI-driven media validation technology can help insurers detect false claims that cost them $40 billion a year. Algorand, a blockchain firm focused on decentralized finance, said it is working with an image tampering detection firm to help insurance companies detect when fraudulent claims are made. Insurance fraud is a big problem in […]
Blockchain firms Algorand and Attestiv are teaming up to fight insurance fraud using DLT. Distributed ledger technology (DLT) firm Algorand has partnered with blockchain-based tamper-proof media verification platform Attestiv to target fraud within the insurance industry. The firms will combine their tech to develop a single platform for verifying digital media for a multitude of […]
May 20, 2020 — Boston, MA — Algorand, the company building the world’s first open-source, permissionless, pure proof-of-stake blockchain protocol, announced today that Attestiv will use its technology to enable digital transformation across the insurance industry, addressing an over $40B opportunity to reduce P&C insurance fraud in the US alone. Attestiv’s core technology enables digital […]
While synthetic media detection remains an all hands on deck effort, a number of tools and technologies already exist that can help to provide a solution, including those that focus on immutable content and data provenance. Some of these tools and technologies are featured on the Disinfo Cloud platform and can help counter disinformation by […]
Here, we present the global megatrends that risk disrupting the insurance industry, and look at some of the insurtechs using AI to succeed. Insurance is an industry that thrives on predictability. The more certain the outcome, the more insurance firms can be sure to offer fair rates and generate value for customers and shareholders alike. […]