B3i considering technology alternatives

B3i, The Blockchain Insurance Industry Initiative, is considering alternative technologies. The company that incorporated in Zurich weeks ago plans to go live with its first product later in the year. The solution uses Hyperledger Fabric, but according to the Business Insurance website, B3i’s Paul Meeusen stated that they’re assessing other platforms.

Technology debate

“We’ve also had some lessons learned in terms of, in particular, scalability and privacy in the handling of data,” Meeusen said. “Those are two criteria for which we are taking a closer look at technology and potential alternatives.” He confirmed other options include Ethereum and R3’s Corda.

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