Reinsurance Giants Tap Blockchain for Data Transparency Boost

Sat, 06/30/2018 - 16:50
by Wolfie Zhao

A group of reinsurance giants have said they will jointly develop a blockchain system in an effort to boost transparency in the industry.

Comprising the group are General Reinsurance Corporation and Hannover Re, the report said. Also involved in the project is China Re, the only reinsurance firm in China owned by the state and established by the country's Ministry of Finance.

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