Insurance

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Blockchain Live Reveals Blockchain Potential Across industries

On the 20th of September, 2017, the Blokchain Live event was held at The Brewery in London. Over the course of one day, hundreds of attendees had the opportunity to listen to talks given by a wide variety of speakers on the subject of blockchain technology, with topics ranging from...
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Blockchain in the Insurance Industry, IBM and B3i Leverage Distributed Ledger Technology

Recently, insurance consortium B3i announced its new smart contract prototype, which uses the IBM Blockchain Platform to improve processes in the insurance industry. Built on the open source Hyperledger Fabric, the IBM Blockchain Platform will be used to streamline the insurance industry and improve the system for the wide variety...
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Aigang Provides Insights Into the Future Proof Digital Insurance Protocol on Blockchain

Singapore-based provider of blockchain protocol for digital insurance, Aigang Network has revealed its plans to disrput the insurance sector. The company's plans for the future are described in its latest whitepaper, which includes many new additions and an updated roadmap. Aigang offers a fully automated insurance protocol, made possible through...
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Digital Insurance Protocol Launches Blockchain Demo Apps for IoT Devices

The Singapore-based blockchain protocol for digital insurance, Aigang Network has launched its Android and iOS demo app, running on Ethereum testnet, of a peer-to-peer digital insurance blockchain protocol for Internet-of-Things devices. The announcement aims to mark the beginning of a DAO marketplace for consumer insurance using Ethereum smart contracts. The...
BlockchainInsurance

Blockchain for Insurance as Start-Up Bridger Buys Out MGA

Bridger, a New Jersey-based tech upstart company, has purchased SCJ Insurance Services, a master general agency in Pleasanton, California. Started more than 40 years ago, SCJ has provided non-standard automobile insurance through over 2,000 agent locations throughout California. Bridger has plans to develop smart contracts that leverage blockchain strategies to...
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Cryptocurrency Start-Up Offers Bot Store and P2P Insurance Solutions

Moscow-based next generation cryptocurrency platform Byteball has released an online bot store and P2P insurance for all users. The new bot store provides various apps with an integrated chatbot interface, such as cryptocurrency exchange, flight delays oracle, sports oracle, and others created by independent developers. Unlike traditional blockchain-based cryptocurrencies, Byteball...
BlockchainInsuranceSmart Contracts

Blockchain, Smart Contracts and Machine Learning to Drive Insurtech Platform Revenues to $235bn by 2021

A new study, ‘Fintech Futures: Market Disruption, Leading Innovators & Emerging Opportunities 2016-2021’, has forecast that fintech platform revenues derived from supporting the insurance industry will reach almost $235 billion globally by 2021, up 34% year-on-year from an estimated $175 billion this year. The analysis, from Juniper Research, a company...
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Status and Etherisc Insurance App Win Blockchain Start-up Contest

BlockchainHub has announced that Status — an Ethereum mobile client, and Etherisc — a decentralized insurance application as the two main winners of its Blockchain Start-up Contest. Organized by the BlockchainHub Graz, a collaboration between Lab10, Coinfinity, and MakerSpace, and was sponsored and supported by Energie Steiermark, Steiermärkische Sparkasse +...
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Chain of Shipping Conference Held in Hong Kong

Last week in Wanchai, Hong Kong, blockchain advisory firm Chain of Things held its first Chain of Shipping conference. Designed to give professionals from the shipping industry and blockchain developers a view into the needs and possibilities that they respectively held, the day was a busy event with plethora of...
BlockchainInsurance

Start-Ups in Insurance to Bring Benefits of New Technology

Market research report distributor Reportstack has released a new report detailing the scene of start-ups in insurance technology. Compared with FinTech, ‘InsureTech’ has not progressed as far or benefitted as much from the disruption and possibilities provided by new technology developments although progress has started to be made recently as...
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