Blockchain: a disruptor for the insurance industry?

In association with Russell GroupThe UK government's chief scientific adviser Mark Walport
recently published an 80-page document on the new hot topic of the
moment - the Blockchain.
InDistributed Ledger Technology: Beyond Blockchain,
Walport argues that blockchains could be truly
transformational.
Why might that be and, for those of you that have so far lived
in blissful ignorance of the blockchain, what does it actually
do?
Let's start with Bitcoin. Bitcoin is a crypto currency. It
transfers v