IEEE Consumer Electronics Magazine - July 2018 - 81

thief should steal the insured vehicle and then enter/exit from
an area specified for automatic coverage change, thus deactivating/activating the coverage), the insurance staff could cross
the police report data with the smart contract activations and
location history to verify the state of the coverage when the
theft happened. Location data history could also potentially be
used to find the vehicle.

ConClUsion
In this article, we have shown how a system for on-demand
insurance could be realized using a smart contract and sensors data. A prototype has been created comprising a mobile
app and an electronic device to be installed on customers'
vehicles. The app is used to manually modify policy coverage
by interacting with the smart contract to schedule automatic
modifications and take photos of the vehicle to certify its state.
The electronic device monitors environmental conditions and
triggers modifications.
With the proposed solution, policy modifications costs
could be lowered because the activation/deactivation of a
coverage could be directly controlled by the customer interacting with the smart contract. Fraud could also be reduced
since the system would record vehicle's state at each change.
Future work could be devoted to extend the proposed prototype, e.g., by empowering the electronic device with additional sensors. Sensors could be used, e.g., to detect damages,
and smart contracts leveraged to automatically trigger reimbursements. Additionally, the application of the devised solution to other insurance contexts (e.g., home insurance) could
be evaluated.

aBoUT The aUThors
Fabrizio Lamberti (fabrizio.lamberti@polito.it) is an associate professor at Politecnico di Torino, Turin, Italy.
Valentina Gatteschi (valentina.gatteschi@polito.it) is a
postdoctoral research assistant at Politecnico di Torino,
Turin, Italy.
Claudio Demartini (claudio.demartini@polito.it) is a full
professor at Politecnico di Torino, Turin, Italy.
Matteo Pelissier (matteo.pelissier@gmail.com) earned his
M.S. degree in management engineering. He is a postgraduate student at Politecnico di Torino, Turin, Italy.
Alfonso Gómez (alfonso.gomez@realeites.com) is an
information technology engineer with Technology and Digital Innovation at Reale Information Technology Engineering
Service, Madrid, Spain.
Victor Santamaria (victor.santamaria@realeites.com) is
with Technology and Digital Innovation at Reale Information
Technology Engineering Service, Madrid, Spain.

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IEEE Consumer Electronics Magazine

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Table of Contents for the Digital Edition of IEEE Consumer Electronics Magazine - July 2018