The Institutes
RiskStream Collaborative consortium (formerly RiskBlock), in conjunction with LIMRA, have added a credentialing blockchain use case for the life insurance industry.
Last year, the RiskStream Collaborative, set up in 2017 for the exploration of the potential of new technologies in the insurance industry, and LIMRA, the professional partner for the consortium’s life and annuities sector, had agreed to work on a blockchain-based death notification system dubbed as a “
Mortality Monitor”.
However, either the Mortality Monitor or the credentialing project will progress to a Proof of Concept this year with plans to go into production in 2020.
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