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Tag: Standard Chartered

AIG, IBM, and Standard Chartered Collaborate on First Multinational Smart Contract Insurance Policy

Category: Blockchain, Business, News

AIG, IBM, and Standard Chartered Collaborate on First Multinational Smart Contract Insurance Policy

Insurance giant AIG, the commercial bank Standard Chartered, and IBM have announced the successful completion of the pilot of the first ever multinational smart contract insurance policy backed by blockchain technology. The solution was built by IBM and is based on the Hyperledger Fabric framework, which is one of the Hyperledger projects hosted by The Linux Foundation. The technology allowed…

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