Locks are considered as oldest invention in the history, much before we invented fire, wheel and other stuffs, we invented ways to secure the food. The form must have changed today but the concept remained the same.
Innovation came into picture to improvise to the extent of protect data using retina. This is because as the race was innovating to secure, another lot was busy ideating to decode. Term it lock picking or hacking. This was not enough to keep mind at rest, human needed assurance.
Origin of insurance is way back in history dated much Before Christ, The Babylonians developed a system which was recorded in the famous Code of Hammurabi, c. 1750 BC, and practiced by early Mediterranean sailing merchants. If a merchant received a loan to fund his shipment, he would pay the lender an additional sum in exchange for the lender's guarantee to cancel the loan should the shipment be stolen.
When I wrote about the invention of Locks, it was time when the human race was not enough human and the business was limited to hunting. Later invention was to find new place in form of new sources and new markets from where the goods can be purchased cheap and good can be sold expensive.
With entire planet been marred by race, humans are now innovating the places like moon and mars and ideating new ways to make life more comfortable and affordable. Irrespective of the irony that the race die out of hard work and stress to make life comfortable and affordable.
Race is inventing, innovative ways to insure, from spending small time from your day for Exercising or paying small amount from your income to a firm whose name, incidentally contains 3 I’s. If you are being lazy for workout, inventions like sauna belts are innovated to help.
In today’s world with abundance of variety, it’s a must to find what invention, innovation and Insurance are needed for your success.
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One Joke per post: A begger found a hundre rupee note. He went to a five star hotel and had full course meal. Bill 3000 Rs. Manager handed him over to police. He gave 100 Rs note to police and got free.