Sign up and be the first to know

About Hugh Terry & The Digital Insurer

Hugh Terry & The Digital Insurer Video

Contact Us

1 Scotts Road
#24-10 Shaw Centre
Singapore 228208

Write an article

Get in touch with the editor Martin Kornacki

email your ideas at martin.kornacki@the-digital-insurer.com

Pre Registration Popup

itcasia2020 Registration Popup

Share Popup

Prime Member: Find out more

Access a unique programme!
  • 56 pre recorded lesson of online content from industry experts over 7 courses
  • The best in digital insurance for practitioners and by practtioners
  • Online MCQ after each lesson
  • Join the discussion forum and make new friends
  • Certificate upon completion to show your expertise and comitment
  • 3 months to complete
  • Normal price US$1,400 Your Prime member price is US$999
  • Access to future versions included in your Prime membership!
Become a member

Prime Member: Contact Us

REach out to us. Please fill up the form below
  • Let us know how we can help. You can expect a response within 24 hours

Minsheng Life partners with open-source blockchain infrastructure project

In View Summary

Wanxiang Blockchain and the PlatON global computing network have together launched an open source blockchain infrastructure PlatONE. The platform uses cryptographic algorithms and privacy-preserving computing to provide an ecosystem for blockchain application development.

Recently, in China Minsheng Life became a partner on the platform which enabled it to develop a suite of decentralised applications, which includes internal digital insurance record-keeping system and an unspent transaction output (UTXO) model. The insurer is expected to continue its digital transformation journey with the platform.

The main USP of the platform is its open source capability allowing carrier to leverage both a decentralised network structure and access easy-to-use toolsets, which help them to implement, operate, and maintain blockchain-based corporate solutions.

The Digital Insurer's View

Most companies do not have the expertise or knowledge to develop the right blockchain solutions for their needs internally and struggle to integrate blockchain within their legacy systems.

However, there are many positive blockchain implementation examples in the industry such as a blockchain-enabled insurance verification process and claims validation.

Wanxiang Blockchain and the PlatON’s open source blockchain infrastructure PlatONE aim to help the industry develop more blockchain solutions, and if successful we will see companies integrating blockchain further across the insurance value chain.

References

';

Livefest 2019 Register Popup Event

Livefest 2019 Already Registered Popup Event

Livefest 2019 Join Live Logged-in Not Registered

Livefest 2019 Join Live Not Logged-in