Blockchain to deliver up to $50bn cost savings per year to re/insurance sector


Applying blockchain to the global re/insurance market could deliver operational cost savings of 10 percent to 25 percent or $20 billion to $50 billion each year, according to a report by blockchain solutions provider R3 and ChainThat.

Blockchain, Insurance, Reinsurance, R3, ChainThat, Insurtech, Technology, Global

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