(4.16.18) Insurance Journal: Marsh Develops Commercial Blockchain Solution for Proof of Insurance

By April 16, 2018 Hyperledger Fabric, News

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, Marsh said the certificate of insurance process will be transformed “from complicated and manual to streamlined and transparent, allowing clients to speed up necessary business functions such as hiring contractors and transferring risk while increasing coverage certainty.”

More here.