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By Daniel Kofi Sarkodie DUAHAt her small shop in Makola Market, Aunty Akua sits behind the counter, flipping through a pile of receipts and insurance documents; and the worry in her eyes says it ...
Fort Collins, Colorado, Nov. 03, 2023 (GLOBE NEWSWIRE) -- According to DataHorizzon Research, the Blockchain in Insurance Market was valued at USD 1.8 Million in 2022 and is expected to have a ...
Blockchain "definitely will have a place in travel insurance," said Ryan Brubaker, chief information officer and executive vice president of operations at travel insurance company Seven Corners.
Benefits of Blockchain in the Insurance Sector. Integrating blockchain technology insurance business has many perks. Let’s see what they are: Fraud Detection. Fraud detection is a pressing problem in ...
Asia-Pacific is expected to register the highest CAGR in the coming years. The global blockchain in insurance market is ...
People stand in front of the Blockchain Hub Davos 2023 at the Promenade road during the World Economic Forum (WEF) 2023, in the Alpine resort of Davos, Switzerland, January 18, 2023.
Blockchain in Insurance Market size is predicted to reach $26 Billion by 2030, growing at a CAGR of 54.9% during the forecast period 2024-2030 according to the latest market research report ...
The blockchain could send requests to insurance through smart contracts, which, in turn, could instantly approve or disapprove care and transfer funds.
Nationwide Insurance: Despite being a well-established incumbent, Nationwide Insurance, which is based in Ohio, has embraced blockchain technology. The company is partnered with the RiskBlock Alliance ...
Blockchain is also enabling the rise of peer-to-peer (P2P) insurance models, where groups of people can pool their funds together and agree on the rules for payouts using smart contracts. P2P models ...