Fitch Ratings published a report Wednesday noting that blockchain can be a long-term solution to issues facing the insurance industry today.
Blockchain Insurance Policy Developed for Hurricane-Prone Puerto Rico
A decentralized insurance policy built with blockchain and smart contract technology will provide cover for natural disasters in Puerto Rico.
Blockchain Slump? Banks May Be Fatigued But Insurers Are Pumped
Giving progress reports on their blockchain projects, bankers come across browbeaten and anxious, while their cousins in insurance sound spritely.
Insurance Giant Allianz Is Testing a Token to Move Money Internally
Allianz is testing a blockchain token to move money between its global affiliates.
Huawei Unveils Hyperledger-Based Blockchain Service Platform
Huawei has become the latest Chinese tech giant to launch its own blockchain-as-a-service platform, following on the heels of Tencent and Baidu.
Cognizant Teams with 14 Insurers on Blockchain Data-Sharing Platform
Cognizant has partnered with a group of Indian insurance firms to develop a blockchain solution for cross-company data sharing.
Insurance Broker Marsh Working With IBM on Blockchain Platform
Global insurance company Marsh is piloting a proof of insurance platform on a blockchain with IBM’s help.
Blockchain Motor Insurance Trial Moves Ahead in Hong Kong
A financial industry self-regulator in Hong Kong is developing a blockchain powered platform for the city’s motor insurance sector.
Moody’s: Blockchain Could Save US Mortgage Industry $1 Billion
Blockchain could boost efficiency and cut costs in a housing sector that’s due for a digital overhaul, says Moody’s.
Moody’s: Blockchain Could Save US Mortgage Industry $1 Billion
Blockchain could boost efficiency and cut costs in a housing sector that’s due for a digital overhaul, says Moody’s.
US Insurance Giants UnitedHealth and Humana Launch Blockchain Pilot
Two of the nation’s largest health insurers are looking to blockchain technology to reconcile data in the health care system.
Messaging Giant Line to Launch South Korean Blockchain Subsidiary
Japan-based social messaging platform Line is launching a blockchain-focused subsidiary in South Korea.
Report: Korean Insurer Denies Claim from Bankrupt Crypto Exchange
A South Korean cryptocurrency exchange has reportedly had its insurance claim denied months after it closed following a debilitating hack.
B3i Shifts From Blockchain Consortium to Full-Fledged Company
B3i has become an independent company that will continue to explore and provide blockchain applications for the insurance industry.
South Korean Financial Watchdog Touts Blockchain in Fintech Plans
South Korea’s Financial Services Commission plans to encoureage businesses to use blockchain tech in new payment systems and more.