Posts Tagged ‘insurance’
Expanding the Practical Use of Blockchain Technology Within Insurance | Bitcoin Magazine
“As insurers increasingly rely on partnerships to create business efficiencies and improve customer experiences, blockchain technology will be critical to holding partners accountable without first needing to establish trust.”
Source: Expanding the Practical Use of Blockchain Technology Within Insurance | Bitcoin Magazine, Jimmy Aki, July 9, 2018
Read MoreBlockchain-Based Marine Insurance Is Live
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
Read MoreMarsh Collaborates With IBM, ACORD, and ISN to Apply Blockchain Technology for First Commercial Proof of Insurance
Since proof of insurance is a key business requirement in many industries, this blockchain solution opens the door to creating a network of networks to provide verification on a much broader scale.
Source: Marsh Collaborates With IBM, ACORD, and ISN to Apply Blockchain Technology for First Commercial Proof of Insurance, April 16, 2018
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