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Blockchain in Insurance: Technological Growth Analysis and Business Opportunities to 2025- Credit China FinTech, Goldman Sachs, IBM, Microsoft, Ping An, Santander, Axoni, BitFury, Digital Asset Holdings, Filament, LO3 Energy R3, Ripple

04-11-2019 01:45 PM CET | IT, New Media & Software

Press release from: ReportsWeb

Blockchain in Insurance

Blockchain in Insurance

Blockchain in Insurance-Thematic Research

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. 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.

Blockchain, or distributed ledger technology, has quickly become a fixation in the financial services industry as a result of its potential to revolutionize and transform our thinking about data sharing and security. In considering the technology, senior business and IT leaders at property and casualty (P&C) companies must balance their natural skepticism about “next big thing” trends with a clear recognition of both the largescale impacts and significant upside.

Top Manufacturer Detail-

Accenture, Cognizant, Credit China FinTech, Goldman Sachs, IBM, Microsoft, Ping An, Santander, Axoni, BitFury, Digital Asset Holdings, Filament, LO3 Energy
R3, Ripple, Slock.it

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The study is a source of reliable data on:

-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.

Blockchain in Insurance 2025 segmentation by technology, applications, and five major geographical regions. This Report covers the Major Players' data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.

Table of Contents

1 Market Definition
1.1 Market Segment Overview
1.2 by Type
1.3 by End-Use / Application

2 Global Market by Vendors
2.1 Market Share
2.2 Vendor Profile
2.3 Dynamic of Vendors

3 Global Market by Type
3.1 Market Share
3.2 Introduction of End-Use by Different Products

4 Global Market by End-Use / Application
4.1 Market Share
4.2 Overview of Consumption Characteristics
4.2.1 Preference Driven
4.2.2 Substitutability
4.2.3 Influence by Strategy
4.2.4 Professional Needs

5 Global Market by Regions
5.1 Market Share
5.2 Regional Market Growth
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 South America
5.2.5 Middle East & Africa

8 Asia-Pacific Market
8.1 by Type
8.2 by End-Use / Application
8.3 by Regions

9 South America Market
9.1 by Type
9.2 by End-Use / Application
9.3 by Regions

10 Middle East & Africa Market
10.1 by Type
10.2 by End-Use / Application
10.3 by Regions

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