European Insurance Sector Adopting Blockchain to Protect Data

domainking131

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It seems that Blockchain technology is becoming ubiquitous among financial and technology spaces these days. With a huge adoption curve, the new technology space is quickly finding use cases in a number of industries.

The latest addition to the Blockchain revolution is insurance, as a group of fourteen European insurance providers have partnered together with Deloitte and other firms to provide a simple system for insurers to comply with the Hamon Law, with requires insurers to provide simple transfers for clients who wish to change companies during the first year.

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