All the headlines from our Blockchain Topic Page, ordered by recency.
Dec 5 2023 // Societe Generale, France’s third-biggest listed bank, said on Monday it issued its first so-called digital green bond on a public blockchain, as the lender seeks to build expertise in crypto services.The inaugural...
Sep 18 2023 // Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx.CoinEx, which says it is based in Hong Kong, said on Tuesday on social media platform X, formerly...
Nov 17 2022 // When most of us hear the word “blockchain,” we think about cryptocurrencies like Bitcoin.But could blockchain technology be used to enhance insurance processes? Tram Vo, CEO and founder of Mobility Open...
Jul 29 2022 // The industry’s blockchain project, B3i, has ceased activities and filed for insolvency following unsuccessful funding rounds.“The directors, following consultation with the shareholders, have collectively...
Jul 22 2022 // The North Dakota Insurance Department (NDID), in conjunction with the North Dakota Department of Transportation (NDDOT), announced it is conducting a proof-of-concept (“POC”) leveraging blockchain technology to...
Mar 14 2022 // IMA Financial Unveils the Metaverse’s First Insurance Research & Development FacilityFinancial services firm IMA Financial Group said it has launched the metaverse’s first insurance and risk management...
May 25 2021 // Swedish tech start-up Haidrun has launched an enterprise blockchain platform targeted at insurers and reinsurers.Haidrun’s private blockchain platform eliminates suspicious and duplicate transactions by securely and...
Jan 27 2021 // What its creators say is the first global operational offering on blockchain infrastructure has been launched, enabling the transfer of facultative risks within a network of companies, with marine insurance being the first...
Aug 27 2020 // It sounds like a surefire bet. You lend money to a borrower who puts up collateral that exceeds the size of the loan, and then you earn interest of about 20%. What could possibly go wrong?That’s the proposition...
Jun 10 2020 // Cryptoasset insurer Evertas has received a license from the Bermuda Monetary Authority to start operating from the jurisdiction.Evertas’ operations in Bermuda will now aim to start issuing policies for theft or loss...
Apr 3 2020 // Like everyone else, Peter Lacovara is coping with COVID-19, working at home to limit contagion to the coronavirus and stay healthy. He’s also plugging away trying to keep businesses healthy, as well.In his role as a...
Feb 21 2020 // Some of the industry’s largest pharmaceutical companies, including Pfizer Inc. and Eli Lilly and Co., have developed a blockchain-based system to track prescription drugs across the supply chain to better halt the...
Feb 14 2020 // B3i Services AG, a two-year-old company owned by members of the insurance industry, announced that 30 contracts of reinsurance have been concluded on its platform, including some of the most complex catastrophe excess of...
Dec 3 2019 // HSBC aims to shift $20 billion worth of assets to a new blockchain-based custody platform by March, in one of the biggest deployments yet of the widely hyped but still unproven technology by a global bank.The platform,...
Nov 26 2019 // Blockchain technology and parametric insurance should be included in the Federal Emergency Management Agency’s toolbox as it strives to close the nation’s flood insurance coverage gap, according to a draft...
Oct 24 2019 // Ping An Insurance wants to be valued more like a technology company. Its executives have yet to convince investors their planned $22 billion spend on everything from artificial intelligence to blockchain will work.While...
Oct 22 2019 // The author Douglas Adams once said, “We are stuck with technology when what we really want is just stuff that works.” Many of us can relate, especially with new technology such as distributed ledger technology...
Oct 21 2019 // When it comes to innovation and utilization of emerging technologies in the insurance industry, reinsurance companies once led the way as early adopters of technology. But recently, the primary insurance sector has...
Oct 15 2019 // B3i announced it has released the latest version of its property catastrophe excess of loss (XoL) reinsurance application in time for the January 2020 renewals.The product enables customers and their counterparties to...
Oct 14 2019 // Facebook faces a rough road ahead with Libra, but defections by high-profile partners are still unlikely to spell the end for the digital currency.On Friday, Visa and MasterCard announced their departures from the Libra...