IoT Adoption Challenges and Solutions in Kenya

Background: The idea of insurance was discovered several millennia before Christ (BC). In the secondand third millennia BC, traders from China and Babylonia practiced shifting or dispersing risks.Today, insurance is the foundation of the economy, but expanding its penetration is difficult inemerging nations. The fourth insurance industry revolution in the developed world was sparked bythe recent advent of Blockchain, IoT, Big Data, and InsurTech.Objective: In order to boost insurance coverage in Kenya, this study examines the problems with andpotential solutions to Blockchain.Research Methodology: In order to identify the themes and factors pertaining to problems andsolutions in implementing Blockchain in Kenya insurance business, this study used a systematicliterature review. In order to find pertinent material from Google Scholar, a number of keywordswere employed. The filtered studies were examined based on inclusion and exclusion standards.Findings: This report outlined many obstacles to Blockchain adoption in the Kenya insurance sectoras well as potential remedies. The proposals could help policymakers improve the insurance industryservice delivery.