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Insurance well suited to blockchain, speakers say (Business Insurance)

Business Insurance, December 12, 2017

Insurance well suited to blockchain, speakers say

“The insurance industry may be better suited for blockchain than the financial services sector, which created its own solution, according to a panel discussion hosted Monday by the New York City Bar Association. ‘I think insurance is the perfect industry for blockchain,” said Nick Williams, senior partner at Clifford Chance L.L.P. in New York. ‘Accuracy in pricing will increase as (distributed ledger technology) platforms increase the transparency of risk.'”

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