Three ways blockchain is improving insurance

Insurance may be infamously sluggish when it comes to adopting technology, but the manifold benefits of blockchain can no longer be ignored.

Blockchain adoption might have been slow to infiltrate the insurance industry, but now insurers are starting to realize some of the benefits from the distributed ledger technology. Blockchain has the potential to transform multiple processes involved in insurance, from streamlining claims and improving timing to enabling better transparency in contracts and securing data.

Continue reading: https://www.raconteur.net/finance/insurance/blockchain-improve-insurance/

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