Today EY announced that Insurwave, the joint venture company with Guardtime has signed a deal with the Chinese port of Zhuhai. The platform currently provides insurance cover for more than 1,000 vessels.
Insurwave
launched its blockchain marine insurance solution a year ago with Maersk as the first client. Initially the insurance cover was focused on the vessels.
The Zhuhai agreement aims to explore the link between blockchain marine insurance and port logistics for the Greater Bay Area and beyond.
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