©istockphoto.com/phive2015 Buying into the Blockchain Blockchains Can Work for Car Insurance ©istockphoto.com/LaymanZoom Using smart contracts and sensors to provide on-demand coverage. By Fabrizio Lamberti, Valentina Gatteschi, Claudio Demartini, Matteo Pelissier, Alfonso Gómez, and Victor Santamaria Digital Object Identifier 10.1109/MCE.2018.2816247 Date of publication: 13 June 2018 72 IEEE Consumer Electronics Magazine ^ july 2018 B lockchains and sensors installed on a vehicle could be combined to semiautomatically activate/deactivate car insurance coverage in an envisaged on-demand insurance scenario. We present a prototype that includes a mobile application (app) and a portable electronic device to be installed onboard. The mobile app lets the driver dynamically change the status of specific insurance coverage (in some cases, after pictures of the vehicle have been taken to 2162-2248/18©2018IEEEhttp://www.istockphoto.com/phive2015 http://www.istockphoto.com/LaymanZoom