Our partner R3 has published two reports on the blockchain insurance market. The reports introduce both existing and emerging applications for blockchain and review the insurance ecosystem. CryptoBLK is delighted to be part of the blockchain insurance ecosystem and provide an update on its insurance solution MIDAS.
Report 1: Blockchain Insurance Market Report 2019
This report looks back at the highlights of 2019 and introduces the key blockchain trends that R3, and our ecosystem participants, are predicting for 2020.
CryptoBLK MIDAS
Dedicated to providing high-quality, secure, reliable and scalable DLT offerings to its customers, CryptoBLK has decided to strengthen the partnership with R3 by upgrading to Corda Enterprise. A key focus of this deal is the upgrade of MIDAS. MIDAS is designed to serve all 80 motor insurance companies in Hong Kong and is currently live, with 60 nodes.
Download the report here.
Report 2: Insurance Market Report – 2019 Mid-year Update
This report will introduce both existing and emerging applications for blockchain and review the insurance ecosystem.
CryptoBLK MIDAS
MIDAS is a production-level system designed to serve all 80 motor insurance companies in Hong Kong and is currently live with 60 nodes. Data privacy is an essential part of MIDAS and no personally identifiable information (PII) is being stored on Corda.
Download the report here.
More insights from R3 here.
