Blockchain for insurance has various oft-touted benefits – reduced costs and simpler and faster transactions, among them – but it can also be used to combat fraud, said David Verbeeten, a domain expert in insurance at software company ConsenSys. Verbeeten works with
The World Economic Forum believes 10 percent of global GDP will be stored on blockchains by 2027. Gartner forecasts the business value-add of blockchain will reach $176 billion by 2025, and exceed $3.1 trillion by 2030. First it was information sharing –
A Singapore blockchain startup is launching a fleet of blockchain-enabled electric vehicles that mine crypto as users travel. The company intends to reduce carbon emissions and to reward people for doing so. Cars and climate change Road vehicles such as cars, trucks
Coin Capital Investment Management Inc. (Coincapital), the portfolio management division of the Coinsquare digital asset trading platform, has listed a blockchain exchange traded fund (ETF), the STOXX Blockchain Patents Innovation Index Fund (LDGR), among two new ETFs the company has listed on
If you’ve been wondering why the past few years have been ripe with discussion about the enormous potential of blockchain technology, yet we haven’t seen much investment or progression from major tech companies, you’re not alone—but the discrepancy may be coming from
Switzerland-based consortium Crypto Valley Venture Capital (CV VC) has launched a blockchain incubator with a $100 million goal, swissinfo.ch reported September 20. CV VC has reportedly launched its initial incubator dubbed “Genesis Hub” in the canton of Zug, also known as Switzerland’s
Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba, is launching a blockchain BaaS (Backend-as-a-Service) platform, local news outlet China Money Network reports September 21. The announcement was reportedly made by Ant Financial vice president Jiang Guoefei at the Ant Technology
A report published yesterday by international law firm White & Case claims that blockchain technology could help improve transparency and remove inefficiencies from the global mining supply chain. It states that the industry’s adoption of the innovation backing Bitcoin is a matter
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There’s no argument that health care is changing: from service-based to value-based care, and from a supplier-centric to a patient-centric model. Both regulatory and patient pressures are pushing for better efficiency, better outcomes and simply better care. These pressures are moving the