Minimizing the Cost of Risk
What’s the first thing you think of when someone says “blockchain”? Wild speculation and cyrptocurrencies? Perhaps you think of a decentralized ledger that secures an immutable record of transactions, and you wouldn’t be wrong. Blockchain is but one form of Distributed Ledger Technology (DLT). We’re currently in the midst of the Decentralization Movement. Blockchain and—more broadly—DLT will entirely revolutionize how we live, work, and play.
Last month, I had the opportunity to speak at Voice of Blockchain on how DLT can and will shake up the $1.2T P&C Insurance as well as Life & Annuity industry. I presented a framework on how enterprises (within and without insurance) can leverage DLT to drive innovation. To bring that framework to life, I illustrated those principles with real-world use cases. Here are the materials I shared. Plus, I’ve incorporated an additional 3 bonus use cases. Already, DLT-powered innovation disrupts the insurance landscape. Check out the slideshow below to see how!