MetLife is utilizing the live public Ethereum blockchain to add transparency and efficiency to the life insurance claims process. This program has the potential to transform the insurance industry as a whole, creating new markets, products, and servicing a diverse set of customers at lower costs.
This is the power of blockchain technology.
Having insurance company thinking about joining force with smart contracts is showing the power and the trust factor building through it.
If this pilot did his job we will see more and more companies using it to regulate claims.
Every day it is getting clearer to see what will become of crypto.
Keep on postin
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