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Blockchain and the Future of Insurance

Blockchain and the Future of Insurance

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Quick Overview

You already know about Bitcoin and Ethereum, but how well do you know blockchain? No, it's not another cryptocurrency, it's the technology behind crypto. It's also the technology that underlies smart contracts and could be part of the future of insurance and risk management. Join us as Martin Frappolli helps us to understand blockchain and its impact on insurance.


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Duration 1 hour
Location Online Webinar
Formats On-Demand
Instructor Martin FrappollliMartin Frappollli

Blockchain is best known as the technology underlying cryptocurrencies like bitcoin, even as its operation remains a mystery to many. In this session, we'll look at the basic features of the distributed ledger technology that defines blockchain and how it applies in financial transactions. Next, we'll move on to "Blockchain 2.0" and examine how smart contracts expand the utility of blockchain applications. We conclude with a survey of potential insurance applications and try to answer if blockchain is a game-changer for risk management.

By the end of this session, you should be able to:

  1. Explain the nature and function of distributed ledger technology and how it reduces friction in financial transactions.
  2. Describe how smart contracts stored on a blockchain expand the capacity of distributed ledger technology beyond cryptocurrencies.
  3. Project how and where blockchain applications can be useful or transformative for risk management and insurance organizations.
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