The insurance industry is on the verge of a monumental shift, driven by the integration of blockchain technology and smart contracts. Bob Brzyski For life and health insurance agents and agency owners ...
October 04, 2024 - The financial service industry has been on a quest to automate processes for some time. Many computer processes work without much human interaction, if any at all. However, because ...
Crypto insurance remains a niche market despite the rapid growth of on-chain assets, as thin loss data and shallow technical ...
Aon plc (NYSE: AON), a global professional services firm, announced the successful completion of an innovative pilot for placing insurance using blockchain and smart contract technology. The pilot was ...
A smart contract is a self-executing computer program with the terms of the agreement written directly into lines of code. It is stored and replicated on a blockchain network. Smart contracts enable ...
Enhanced coordination systems improve execution accuracy, automation flow, and reliability for smart contract–based ...
Smart contracts may sound like tech jargon, but beneath the name lies a game-changing solution that’s reshaping finance as we know it. The purpose of this piece is to, or at least attempt to anyway, ...