Latest Blockchain Headlines
All the headlines from our Blockchain Topic Page, ordered by recency.
Financial Services Industry Boosts Blockchain Spending
Jun 13 2018 // The financial services industry is spending about $1.7 billion per year on blockchain, as banks and other firms move beyond the proof-of-concept stage and start rolling out commercial distributed ledger technology (DLT)...
First Blockchain for Marine Insurance Now Running
May 25 2018 // A blockchain that is said to be the first for $30 billion marine insurance is now in commercial use, according to a coalition of technology, insurance, marine and consulting businesses. EY, Guardtime, A.P. Møller-Maersk,...
Data Privacy Risks as Digital Identity Moves to Biometrics, Blockchain
May 21 2018 // A retail store’s ability to authenticate customers by scanning their unique ear or retinal patterns may seem like something out of a sci-fi movie, but this type of identification technology isn’t...
Risk Management Not Keeping Pace with Technology Trends: Marsh-RIMS Report
May 21 2018 // Emerging technologies continue to rapidly change the way businesses operate and interact with customers, yet risk management processes are not keeping pace with the associated risks, according to a report published in...
Password Stolen; Create a New One. What If Your Retina Scan or Fingerprint Is Stolen?
May 11 2018 // A retail store’s ability to authenticate customers by scanning their unique ear or retinal patterns may seem like something out of a sci-fi movie, but this type of identification technology isn’t...
Blockchain Innovators Follow Reinsurers to Bermuda ‘Sandbox’
May 7 2018 // It was the last day of the World Economic Forum in Davos and Wayne Caines, Bermuda’s minister of national security, was about to head home after an exhausting week. But before leaving, he told a group of blockchain...
Beazley, Lloyd’s Broker, Bitfury Creating Blockchain Registry for Crisis Coverages
May 1 2018 // Insurer Beazley has partnered with three companies to build a blockchain-based registry that will manage insurance for crisis situations such as mass shootings, the companies told Reuters. The registry will use blockchain...
Blockchain Revolution to Hit Shipping Industry – with Potentially Huge Cost Savings
Apr 19 2018 // Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on millions and...
Technology Is Outpacing Risk Management: Marsh-RIMS Report
Apr 17 2018 // Emerging technologies continue to rapidly change the way businesses operate and interact with customers, yet risk management processes are not keeping pace with the associated risks, according to a report published today...
Marsh Develops Commercial Blockchain Solution for Proof of Insurance
Apr 16 2018 // Marsh announced it is collaborating with IBM, ACORD and its client, ISN, to develop a commercial blockchain solution for proof of insurance. By using blockchain, or distributed ledger technology, Marsh said the certificate...
Blockchain Insurance Industry Initiative, B3i, Forms Company Called ‘B3i Services’
Mar 26 2018 // The Blockchain Insurance Industry Initiative (B3i) announced the incorporation of B3i Services AG in Zurich, Switzerland. The company was formed by the founders of B3i, which previously operated as a collaborative...
Marsh Joins Enterprise Ethereum Alliance to Support Open Source Blockchain Standards
Mar 15 2018 // Marsh has announced that it has joined the Enterprise Ethereum Alliance (EEA), an open source blockchain initiative with 400 member companies. The EEA seeks to create open industry standards and frameworks for blockchain...
Insurers May Not be Able to Avoid Blockchain, Virtual Currencies ‘Sweeping Through Industry’
Feb 14 2018 // Insurers need to be thinking about blockchain technology and virtual currencies like bitcoin and how to approach these areas of emerging risk as they become harder to ignore, according to panelists at the 2018 Professional...
First-Hand Knowledge of Industry’s Problems Led to Idea for InsurePal’s Social Proofing
Feb 12 2018 // After spending 15-plus years in and around the insurance industry, Matt Peterman and Tom Volk had first-hand experience of the industry’s systemic problems with fraud and rising premiums. They decided to do something...
Because Blockchain…
Feb 2 2018 // Why the Lowdown on Blockchain? Because every week articles appear across the internet explaining blockchain… Because headlines remind us that, all over the globe, consumers and business people do not understand...
eReinsure Adds Blockchain Services to Reinsurance Technology Platform
Jan 9 2018 // eReinsure.com, Inc., a global specialty insurance distributor and part of AmWINS Group, will offer a blockchain service linked to its reinsurance platform to help companies share information. According to Igor...
Top Insurance Journal International Stories of 2017
Dec 29 2017 // Blockchain, cyber, mergers and acquisitions and London’s devastating Grenfell Tower fire are just some of the topics that dominate the most popular articles in Insurance Journal’s International section during...
New Product Uses Blockchain to Show Proof of Insurance
Dec 27 2017 // The Institutes’ work with insurers in the blockchain space has led to a debut product – a tool designed to establish proof of auto insurance. Nationwide is the first carrier to bring it to production and is already...
Gibraltar Introduces License for Fintech Firms Using Blockchain
Dec 14 2017 // Gibraltar’s financial services watchdog will introduce the world’s first bespoke license for “fintech” firms using blockchain distributed ledger technology (DLT) from next month in a bid to attract...
Two 23-Year-Old Students Win Blockchain Insurance Contest in Switzerland
Dec 4 2017 // A pair of 23-year old students, Hugo Moreau and Paul Nicolet, came out on top in the final round of an inaugural blockchain competition held in Switzerland. The two Swiss masters students at École Polytechnique Fédérale...
