'Blockchain in Insurance Sector: The Revolution Has Begun' blockchain blockchaintechnology
USD 1,393.8 millionTherefore, digital ledger technology will gain great hype in the coming days. But don’t you want to know the benefits of using Blockchain in the insurance sector? If yes, you are on the right page of the search engine.
For example- Sun Life Financial and Accenture have collaborated to create a Blockchain-based platform that helps retirees get access to services that extend beyond the country they currently reside in.Blockchain is an incorruptible technology, so it will help insurers build trust among their clients. This feature can make the entire insurance ecosystem more efficient and reduce administrative costs.can create a Blockchain-based platform where policyholders can track claims at every stage.
3. Using this ledger, individuals can purchase travel, health, home, and other types of insurance policies at a cheaper rate. 7. The technology offers more accurate data and better transparency which will enhance the trust of all stakeholders.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Blockchain Removes the Need for So-Called Rulers and Decaying Old World Archaic Systems | HackerNoonIn this most recent Crypto Fireside chat, Andrei R talks to LeviNathan a retired US Navy Electronic Warfare and Cryptography specialist...
Read more »
WEF's blockchain head will lead the Crypto Council for InnovationBeginning on Feb. 2, Sheila Warren will lead the alliance of crypto-friendly firms aimed at supporting lawmakers on crypto and blockchain regulation as CEO.
Read more »
Stop Dollar-Cost Averaging Into Bitcoin | HackerNoon'Stop Dollar-Cost Averaging Into Bitcoin' by mkhelfman btcprice bitcointrading
Read more »
The React Virtual DOM Explained | HackerNoonVirtual DOM Is Just A Virtual Copy Of The Actual Object That The DOM Has Created For A Specific Node And...
Read more »
Exploring the Neo4J Graph Database | HackerNoonIn this article you'll learn more about the NoSQL Graph database - NEO4J.
Read more »