Imagine a world where every process, agreement, task and payment would have a digital code that could be identified, validated, stored and shared. That’s the gigantic potential of blockchain technology. According to Forbes, “everyone from Wall Street to Walmart is betting on it.” The important question in the insurance industry is how blockchain adoption will affect cybersecurity and cyber insurance.
On Wednesday, October 18 at 11am ET, SVIA and Advisen hosted a webinar that unraveled how blockchain can revolutionize how business is done, redefining companies and economies in general. Blockchain is the technology at the heart of bitcoin and other virtual currencies. In the webinar, the guest panelists discussed how insurers will respond as more and more electronic transactions are handled via blockchain.
This free, one-hour webinar is brought to you by SVIA. SVIA is InsurTech’s First Open Innovation Lab. Our mission is to accelerate innovation in digital insurance through our member-based innovation ecosystem & platform for insurers, startups, vendors, and investors. To learn more, visit www.sviaccelerator.com
The following topics were discussed: