Insurance News

R3’s Corda dominates insurance sector

Two weeks ago at the start of the Blockchain in Insurance Summit, there were questions from the audience about which technology they should use. But the responses were never definitive. By the end of the symposium, a member of the audience observed Corda’s popularity and asked whether the organizers might consider renaming the event to ‘Distributed Ledger Technology in Insurance Summit’. This was a nod to the fact that Corda isn’t technically a blockchain. At the back of the room, R3’s Ryan Rugg piped up: “You could call it Corda for Insurance.” And everyone laughed.

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