The core function of blockchain technology is to enhance the credibility. Nowadays, the credibility model is controlled by governments or organizations authorized by governments, but governments’ self-supervision behavior may be hard to be fully recognized by society. By using blockchain technology, the credibility model of multi verification is introduced, with the help of multi node backup, repeated and independent calculation, and the data cannot be changed, so that multi node participation in the verification. Especially in the field of insurance, the government, authorized organization, insurance companies, the public and other parties can use blockchain technology to test the authenticity of the insurance behavior and legitimacy. The development blockchain technology is expected to create a pattern of new public trust.
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