Today B3i Services AG, The Blockchain Insurance Industry Initiative, confirmed its
rumored switch from Hyperledger Fabric to Corda technology.
In a statement, the company said it decided after reviewing the available blockchain technologies. The factors they considered included privacy, scalability, interoperability and developer productivity.
Markus Tradt, CTO at B3i, said: “The Corda platform offers the optimal solution in the market to deliver the B3i roadmap and our industrywide insurance blockchain ecosystem. We are very excited to continue our work with the Corda team.”
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