[2015-11-27] CD: Lloyd's Sees Blockchain's Potential For Insurance Markets

[tyz]

Lloyd’s held a seminar in London last week to highlight blockchain technology to insurance market participants as part of their modernisation plan.

http://www.coindesk.com/lloyds-sees-blockchains-potential-insurance-markets

[aso118]

Lloyd’s held a seminar in London last week to highlight blockchain technology to insurance market participants as part of their modernisation plan.

http://www.coindesk.com/lloyds-sees-blockchains-potential-insurance-markets

All financial institutions see opportunity to cut costs and improve turnaround times using the blockchain.
The advantages are clearly documented.
Progress is slow because everybody wants to be absolutely sure before implementing new technology.