"The beauty of blockchain technology is its ability to provide trust, efficiency, and security across ecosystems," says Sastry Durvasula, Chief Digital, Data and Analytics Officer at Marsh. "As the need for insurance and identity verification grows, our collaboration with Evident harnesses the power of blockchain to transform a major business challenge for the sharing and gig economies."

Marsh, the global insurance broking and risk management company, has joined forces with Evident, a data security platform, to develop a blockchain-based verification solution for clients in the fast-growing sharing and gig economies. The new blockchain solution is intended to streamline the onboarding of gig economy workers by simplifying the insurance and identity verification process with added trust, safety, and risk management.

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