Blockchain for Insurance: Less Fraud, Faster Claims, and New Models
Published in
1 min readNov 14, 2017
With finance and banking already affected by blockchain, the blog post explores the technology’s potential for the insurance industry. The article looks into how distributed ledgers can help to mitigate fraud, enable privacy of shared information, as well as automate and speed up claiming and application processes. You will also find some examples of how insurance companies adopt blockchain for their needs — e.g., to create multinational policies.
