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Blockchain Technology Benefits Highlighted in PwC Report

Advisory firm PwC has announced the release of its new report, titled ‘Chain Reaction: How Blockchain Technology might transform wholesale insurance‏‘. Within this report the rise of new technologies in the FS sector, along with the potential impact of FinTech on market players and their attitudes to the latest technological developments, is assessed. In addition, it offers strategic responses to the situation. The report, conducted by Z/Yen, used information gathered from over 50 interviews with global brokers, insurers, reinsurers, regulators and trade bodies and set out the potential use cases...
Insurance

Chain-Finance Discovers Blockchain Insurance Possibilities

Last night saw the second event in a series of evening seminars being held by Chain-Finance, a research and information platform that covers the use of blockchain technology in various financial sectors, as well some examples of current use cases or research in the relevant area. This time round, the focus was on the possibilities offered by blockchain technology in the insurance market. In attendance were a variety of professionals from software developers and investors to individuals from the financial industry, including insurers. The evening was very fast paced, with 12 speakers...
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