Canada News

Canadian News and
Press Release Distribution Services
Home | Submit Press Release
Unlimited Press Release Distribution
Press release distribution service

News Media

Abitibi-Témiscamingue
Business Vancouver
Canoe-ca
Canada News Center
Daily Herald Tribune
Canada.Com
CTVNews
La Press
National Post
The Globe and Mail
The Province
The Star
The Gazette
Toronto Sun
Yahoo! Canada

Canada Business News and Press Releases

Blockchain in the Insurance Market Value to Reach USD 1,628 million by 2027

(EMAILWIRE.COM, July 31, 2021 ) Blockchain technology in insurance refers to a decentralised, shared digital distributed ledger that records and provides a historical record of a person's transactions, such as claims, and thus assists insurers in preventing, detecting, and countering frauds. Claims can be managed transparently and responsively with the help of blockchain technology, which is available to both insurers and their customers. New models based on blockchain technology are currently being tested and proven out by insurance companies, beginning with low-risk internal prototypes and pilot projects within their existing infrastructure.



Blockchain technology continues to be a popular topic in both the business world and the news media. Many people have heard of blockchain, but they may not be aware of what it is in its most basic form. Blockchain is a data structure that allows for the creation of a digital ledger of transactions and the ability to share this ledger among a distributed network of computers, according to its most basic definition.



Request a Sample of this report (Single User License USD 1500) @ https://whipsmartmi.com/sample/ic0731/Blockchain-in-the-Insurance-Market



The Blockchain in Insurance Industry report has been categorized as below



By Provider

Application and solution provider

Middleware provider

Infrastructure and protocols provider



Blockchain in Insurance Market Application

GRC management

Death and claims management

Identity management and fraud detection

Payments

Smart contracts

Others (content storage management and customer communication)



By Organization Size

Small and Medium-sized Enterprises (SMEs)

Large enterprises



By Region

North America

Europe

Asia Pacific

Rest of World



About whipsmartmi:

We are a growth partnership company that provides fact-based consulting services focused on helping our clients achieve incremental and transformational growth competing in business-to- business and business-to- consumer markets. We facilitate their growth journey through an environment that is dominated by accelerating change, constant evolution of new business models, disruptive trends and technologies in their respective industry.



We serve a wide spectrum of global industries such as Semiconductor and Electronics, Information Technology, Communication, Medical Devices, Pharmaceuticals, Defense, Aviation, and Chemicals among others. Our well-seasoned blend of technical and marketing expertise enables us to serve our customers with comprehensive study of global supply chains that helps them to devise highly effective strategies.



Whipsmart Market Intelligence blog



Whipsmart Market Intelligence Press Releases

Whipsmart

Neeraj

5102005090

neeraj@whipsmartmi.com

Source: EmailWire.Com


Canada News by Regions
  • Atlantic Canada
  • Calgary
  • Edmonton
  • Halifax
  • Montreal
  • Ottawa
  • Quebec
  • Toronto
  • Vancouver
  • Winnipeg


  • 
    
    
    

    Meeting and Travel
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Meetings & Travel resource center today to browse our selection of 600+ complimentary Meetings & Travel magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Group Tour Magazine
    Event Design
    Insite from Leisure Group Travel

    No credit cards, coupons, or promo codes required. Try it today!

    EmailWire.com - Press release service
    Press release distribution service

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2009 GroupWeb Media LLC

    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    I-Canada-News.com - I-Canada-News.Com is a news service of GroupWeb Media LLC