The distributed ledger system and the smart contract provides a secure unified claim adjudication system that can prevent attempted unauthorized access to private user information and resulting fraud.

A system for facilitating insurance carrier discovery, the system comprising: a plurality of servers maintaining a distributed ledger for tracking payment events pertaining to insurance claims, ...

A distributed ledger is a database that serves the purpose of recording various transactions. Similar to the way e-transactions and digital banking apps have transformed the way consumers spend money, ...

Since the onset of the COVID-19 pandemic, the insurance industry has approached digital transformation with an unprecedented level of urgency. The need to improve client service delivery, achieve ...

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it has selected IBM, in partnership ...

Around $100 billion a year or more could be saved if distributed ledger technology (DLT) was used in traditional markets, claims a new report from the Global Financial Markets Association (GFMA). In a ...

Decentralized Finance (DeFi) is a phrase that is neither legal nor technical. Nonetheless, it is increasingly employed in talks concerning the future of finance and its regulation. Decentralization; ...