15-06-2017 23:06 via insuranceinsider.com

AIG and Standard Chartered test IBM blockchain ledger

AIG has successfully tested a blockchain-based multinational
controlled master policy written in London and involving local
policies in the US, Kenya and Singapore that was converted into a
"smart contract", the company said today.
Working with Standard Chartered Bank and International Business
Machines Corporation, AIG said that under the pilot project the
complex multinational coverage became more transparent and provided
shared views of documents and data in real time.
The IBM technology used
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