BlockFrauds
Private blockchain-enhanced fraud detection for the insurance industry
London, United Kingdom · Founded 2019
- Headquarters
- London
- Employees
- 1–10
- Founded
- 2019
- Business Model
- B2B
- Website
- fardoesoftware.co.uk
About
BlockFrauds (operating as Fardoe Software Ltd) is a London-based insurtech company founded in 2019 that provides private blockchain-enhanced intelligent fraud detection for the insurance industry. The company uses advanced speech analytics, image analytics, AI, and proprietary algorithms to help insurers detect known fraudsters, identify duplicate claims, and comply with data regulations. BlockFrauds anonymizes and shares fraud intelligence via a permissioned blockchain acting as a shared Fraud Bureau, enabling insurers to collectively fight the estimated $80 billion annual fraud problem in the USA alone.
Summary
BlockFrauds is a Cybersecurity company based in London, United Kingdom, founded in 2019.
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