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Blockchain in insurance: Guiding the hammer toward the real nails

Here is some guidance on understanding blockchain and how it can help insurers.

By Mike Fitzgerald, CPCU, PMP | Updated on October 03, 2016

Blockchain is currently in a typical hype cycle that accompanies new, promising technologies.

Until it matures, there will be a tendency to use the blockchain hammer for any inconvenient nail in insurance. In fact there are some uses for which it is well suited and others cases in which different automation is the superior choice.

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