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First Multinational Blockchain Insurance:16/06/017


The first multinational insurance policy using blockchain technology has been developed by American International Group, Standard Chartered Bank and IBM. IBM built the solution using Hyperledger Fabric.

A master policy written in the U.K. and three local policies in the U.S., Kenya and Singapore were written into a smart contract which provides a shared, real-time view of the policies’ data. The smart contract gives visibility of the coverage and…

First Multinational Blockchain Insurance:16/06/017

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