The distributed ledger system and the smart contract provides a secure unified claim adjudication system that can prevent attempted unauthorized access to private user information and resulting fraud.
Canadian authorities and institutions have wrapped up a trial that introduced the country's inaugural digital bond issued on blockchain networks.
A system for facilitating insurance carrier discovery, the system comprising: a plurality of servers maintaining a distributed ledger for tracking payment events pertaining to insurance claims, ...
Distributed ledger technology (which includes blockchain) is transformative in its own right. That said, one of the unique aspects of distributed ledger technology is its ability to benefit numerous, ...
The Bank of Canada has completed a market experiment examining how tokenised bonds could move through financial systems using ...
Ledgers, the foundation of accounting, are as ancient as writing and money. Their medium has been clay, wooden tally sticks (that were a fire hazard), stone, papyrus and paper. Once computers became ...