Given blockchain's ability to bring about sweeping change in certain areas of insurance, globally the insurance industry is moving toward a better understanding of its applications. (Shutterstock) Given blockchain's ability to bring about sweeping change in certain areas of insurance, globally the insurance industry is moving toward a better understanding of its applications. (Shutterstock)

Blockchain technology was hotly debated this year. We're unlikely to see broad applications for some time, but I strongly believe that not only will blockchain play a critical role in insurance, but it could also be a game changer.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.