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Hong Kong's banking regulator and seven banks, including HSBC Holdings PLC and Standard Chartered PLC , on Tuesday said they will jointly launch a trade finance platform in September using blockchain ...
Insurers hesitating about blockchain investments should definitely get into the game, but keep their expectations reasonable and measured, according to a recent panel of experts who spoke at the ...
Every emerging technology has its naysayers, who can be very accomplished in their field and still end up being wrong. For example, columnist and economist Paul Krugman once opined on the Internet's ...
Blockchain technology is moving out of the lab and into the insurance business. It's moving past the hype phase and is edging closer to providing real-life efficiency improvements for the industry. ...
Reinsurance companies increasingly are funding InsurTech startups in order to structure more innovative products and improve their business efficiencies, but how much impact on the industry will ...
A blockchain that is said to be the first for $30 billion marine insurance is now in commercial use, according to a coalition of technology, insurance, marine and consulting businesses. EY, ...
A retail store's ability to authenticate customers by scanning their unique ear or retinal patterns may seem like something out of a sci-fi movie, but this type of identification technology isn't ...
Blockchain isn't coming to insurance. It's already here. Leading insurance organizations are participating in alliances to adapt blockchain capabilities to insurance transactions, according to ...
Insurer Beazley has partnered with three companies to build a blockchain-based registry that will manage insurance for crisis situations such as mass shootings, the companies told Reuters. The ...
Marsh announced it is collaborating with IBM, ACORD and its client, ISN, to develop a commercial blockchain solution for proof of insurance. By using blockchain, or distributed ledger technology, ...
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