Blockchain-Based Marine Insurance Is Live

July 6, 2018

Over the first year of its use in a commercial environment, the group expects Insurwave to execute over half a million automated blockchain transactions for more than 1,000 vessels. EY also plans to extend the application to other types of business insurance, including global logistics, aviation and energy.

Source: Blockchain-Based Marine Insurance Is Live, Sead Fadilpašić, May 25, 2018

Posted in Grow, Imagine and tagged blockchain, decentralized business network, digital asset, digitization, insurance, martin, michael, minimum viable ecosystem, provenance, supply chain

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