Blockchain technology has the potential to disrupt industries and create new ways to provide services through its distributed database and decentralized ledger which completely removes the need for verification by a central authority. For the risk management and insurance industry, specifically, we see that blockchain holds significant potential for better serving policyholders while reducing costs. In this six-part video series we dive into how the blockchain was built, what it does, and how it will revolutionize insurance—and the world.
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What is Blockchain Technology?
