Industry blockchain club closes to new members

The (re)insurance blockchain initiative B3i has temporarily closed
its doors to new members so it can focus on developing a prototype,
XL Catlin's head of enterprise architecture said.
The 15-member group of insurers and reinsurers was founded in
October 2016 by Aegon, Allianz, Munich Re, Swiss Re and Zurich. XL
Catlin joined the initiative in November.
B3i is developing technology to allow insurers and reinsurers
access to the same data set, known as a shared ledger. The
technology would help..