Press Release: LaneAxis Files Patent Application for Immutable-Based Insurance Verification Platform
Insurance fraud is a multibillion-dollar problem — and a major pain point in freight transportation
LaneAxis is once again expanding its IP arsenal by seeking patent protection for a platform that verifies carrier insurance documents via Immutable Technology and Smart Contracts. This solves a major pain point in freight transportation.
“This represents another major step in restoring trust and transparency between shippers and carriers,” says LaneAxis COO Mason Burnett.
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“Risk Assessment” is a process shippers use to make decisions for carriers in their network. Similar to credit score which you need to verify for accuracy, Risk Assessment is equally important to verify because it directly affects your freight access. Verify your score and be visible in the network.
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