CSIRO Work Experience

In the week between 17th to 21st of June, I went on work experience at CSIRO Data61 working under the blockchain / legal informatics team. During this time, I looked into a programming language called DAML, and have so far used it to write three real-life examples of smart contracts.

Out of the three projects, the most interesting one models the process of a contract between a professional service provider (doctor), a consumer (patient), as well as a third-party regulatory body (insurance company). Using smart contract, the insurance policy can be established between the patient and the insurance company, which will also be to the knowledge of the doctor.

Once the policy is established, the following becomes straightforward to achieve:

• The patient will have an application on their phone that lists their treatments and bills.

• The doctor has an application for recording treatments that automatically requests payment from the patient’s insurer.

• The insurance company automatically pays bills from doctors for insured patients and then sends bills to the patients for their deductibles.

Therefore, it can increase the efficiency of the administrative procedure and eliminate any chance of malicious claims for insurance as the digital copy is generated on a distributed ledger. Below is a snapshot for the corresponding code written for this scenario.

More code can be found on my github page here.

In attending this week of work experience, I was able to put a lot of thought into different potential business applications for this technology. On the last day, I also produced a report on this Smart Contract language, having have read and digested the entire documentation of DAML on their official website. Hopefully, this report will be continuously extended as more insights and thoughts on Smart Contract is gained in the future.

daml-review.pdf

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