Blockchain, Smart Contracts and Machine Learning to Drive Insurtech Platform Revenues to $235bn by...

A new study, ‘Fintech Futures: Market Disruption, Leading Innovators & Emerging Opportunities 2016-2021’, has forecast that fintech platform revenues derived from supporting the insurance industry will reach almost $235 billion globally by 2021, up...

Ethereum Mobile Client and Decentralized Insurance App Win Blockchain Start-up Contest

BlockchainHub has announced that Status — an Ethereum mobile client, and Etherisc — a decentralized insurance application as the two main winners of its Blockchain Start-up Contest. Organized by the BlockchainHub Graz, a collaboration...

Start-Ups in Insurance to Bring Benefits of New Technology

Market research report distributor Reportstack has released a new report detailing the scene of start-ups in insurance technology. Compared with FinTech, ‘InsureTech’ has not progressed as far or benefitted as much from the disruption...

Open Source Developer Platform Available From Chain

Chain, a provider of blockchain technology solutions, recently released Chain Core Developer Edition, a free and open source version of its distributed ledger platform that enables organizations to issue and transfer assets on permissioned...

Financial Services Blockchain Solutions From KPMG

KPMG has announced the introduction of its Digital Ledger Services, a suite of services designed to help financial services companies realize the potential of blockchain capabilities in providing faster and more secure transactions, streamlining...

Upcoming Insurance Smart Contracts Demonstration from Symbiont

Symbiont, the smart contracts platform for institutional uses of blockchain technology, has announced it will be hosting a live WebEx demonstration of its platform for insurance industry participants on September 20, 2016 at 2...

Blockchain Technology Benefits Highlighted in PwC Report

Advisory firm PwC has announced the release of its new report, titled ‘Chain Reaction: How Blockchain Technology might transform wholesale insurance‏‘. Within this report the rise of new technologies in the FS sector, along...

Allianz, Nephila Announce Successful Pilot of Blockchain Tech for Cat Swap

Allianz Risk Transfer AG (ART), a subsidiary of Allianz Group, has announced the successful pilot of a blockchain smart contract technology for transacting natural catastrophe swaps, also known as "cat" swaps. The pilot was conducted...

Emercoin Provides Blockchain Platform to Russian Watch Factory to Fight Counterfeiting

Emercoin, through its Blockchain Engine platform, and Petrodvorets Watch Factory have introduced blockchain technology into the manufacturing process of Raketa watches, making the Russian factory one of the first to record the production of physical...

Goldman Sachs Report Details Significant Benefits of Blockchain Technology

Goldman Sachs has recently released a report on blockchain, investigating the potential of the technology to revolutionise different market areas and to determine how effective its use might be in reducing the time, cost...