Hyperledger explores openIDL...the insurance industry blockchain network.
John P. Greene
Semi-retired executive with a record of accomplishments in B2B marketing, communications and media.
A new case study published by Hyperledger, the open source effort created to advance cross-industry blockchain technologies, explores openIDL, the first blockchain platform to enable efficient, secure data collection and sharing within the insurance industry. Sponsored by AAIS, the modern, Member-based advisory organization, openIDL is designed to streamline regulatory reporting for insurers, ensure timely and accurate reports for regulators, and provide business value with new insights derived from these reports.
According to Joan Zerkovich, SVP of AAIS Operations, “Open source blockchain technology was critical to building an affordable and accessible solution. Larger carriers can save millions of dollars in annual reporting costs using openIDL.”
How much can you save using openIDL for regulatory reporting?
Click here to read the entire case study.
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Community Risk Reduction Evangelist, Pragmatic Innovator, and Accidental Data Guy
4 年I wonder how this technology might be able to help address some very similar challenges in the fire service and fire protection systems/ITM industry?