If you're wondering why blockchain technology keeps getting namechecked in insurance circles, Richard Kastelein's post for InsuranceThoughtLeadership.com will turn on a few lights.
You don't need to know how blockchain works under the hood. Forget the technology's origins in Bitcoin.
Instead, consider how the insurance industry might change if you could have a totally distributed business with no centralized hubs – but still have the same, or even improved, guarantees of transactional integrity and regulatory compliance. That's blockchain. ITL
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