News Technology19 Apr 2018

India:Major life insurers work to develop industry-wide blockchain solution

| 19 Apr 2018

US-headquartered professional services company Cognizant and a consortium of leading Indian life insurers have developed a blockchain solution to facilitate cross-company datasharing. This will enable the insurers to reduce the risk of data breaches, fraud and moneylaundering, while delivering superior experience to customers through improved process efficiency, better record keeping, and accelerated turnaround time.

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