Blockchain in Insurance Market Estimates to 2021 - Accenture, Cognizant, Credit China FinTech, Goldman Sachs, IBM, Microsoft, Ping An, Santander, Axoni, BitFury, Digital Asset Holdings, Filament

ReportsWeb.com has announced the addition of the “Blockchain in Insurance-Thematic Research” The report classifies the Blockchain in Insurance Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

Blockchain in Insurance-Thematic Research

Summary

Blockchain technology, often referred to as distributed ledger technology (or DLT), is a means by which the participants in a distributed network can each maintain a copy of an immutable ledger of transactions, and where transactions can be executed without the need for a single, central, coordinating authority.

We are not suggesting universal uptake of blockchain across insurance in 2018 or even 2019, but it is generating interest in relation to the distributed ledger technology. The ability to automate processes and complete transactions in a few seconds within a secure and transparent setting will resonate strongly. Blockchain promises exceptional value to underwriting, claims management, and peer-to-peer (P2P) insurance models, as well as the creation of new products and services, specifically through a combination of the Internet of Things (IoT) and smart contracts. Insurers this year will likely continue to explore the benefits case and seek to bring blockchain-based solutions to the market. The true impact will only be evident when operational infrastructures are sufficiently reconfigured through the value chain, to support smart contracts and other gains through the wider insurance value chain.

The following players are covered in this report: Accenture, Cognizant, Credit China FinTech, Goldman Sachs, IBM, Microsoft, Ping An, Santander, Axoni, BitFury, Digital Asset Holdings, Filament, LO3 Energy, R3, Ripple, Slock.it.

Request a sample Brochure for this report @ https://www.reportsweb.com/inquiry&RW00012173027/sample

Scope

-This report analyses the impact of blockchain in the insurance sector.
-It identifies the current leaders in blockchain technology and players looking vulnerable.

Reasons to buy

-The report highlights some of the key players in the blockchain industry.
-It identifies the key trends in this technology theme.
-The report analyses the blockchain value chain by use case.
-It also provides an industry analysis explaining how the technology is moving beyond the incubation phase, but is still largely the domain of proof-of-concept projects and small-scale production deployments.
-The report also offers a technology briefing, highlighting how blockchain technology has developed over the last decade and how it works.

Place an Inquire before Purchase @ https://www.reportsweb.com/inquiry&RW00012173027/buying

About ReportsWeb:
ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

Contact Info:
Name: Sameer Joshi
Email: sales@reportsweb.com
Organization: ReportsWeb
Phone: +1-646-491-9876

This release was published on openPR.