Do you know that nearly 80% of insurance executives have either already adopted or planning to pilot blockchain technology across their business units? Well, the level of trust, transparency, and immutability that blockchain (distributed ledger technology) provides is impeccable. Blockchain offers an independently verifiable dataset so that insurers, as well as customers, need not suffer from decisions based on inappropriate/incomplete information.
Impact of Blockchain on Insurance Industry
Impact of Blockchain on Insurance Industry
Impact of Blockchain on Insurance Industry
Do you know that nearly 80% of insurance executives have either already adopted or planning to pilot blockchain technology across their business units? Well, the level of trust, transparency, and immutability that blockchain (distributed ledger technology) provides is impeccable. Blockchain offers an independently verifiable dataset so that insurers, as well as customers, need not suffer from decisions based on inappropriate/incomplete information.