How will blockchain impact the insurance industry?
By GlobalData
Blockchain remains a nascent technology in the insurance industry, despite previous years’ hype having died down. The technology promises to improve transparency and potentially rebuild trust post-COVID-19, as well as improve efficiency and cut down on admin time.
GlobalData has therefore forecast blockchain technology to take off over the next decade and grow across all industries, translating into increased usage across the insurance industry.
As a result, blockchain specialists are set to influence the incumbent insurers with product developments and ideas – find out more in our latest whitepaper on blockchain in insurance.
Use our report to gain insights into:
- How blockchain technology can impact insurance
- Social media discussions surrounding blockchain
- How much is being invested in blockchain in Insurance
- Key case studies within the industry