Startup partners target blockchain brokerage systems
Risk Cooperative, a risk and insurance advisory startup, and the
Bitfury Group, a developer of blockchain technology, have agreed to
jointly "pioneer" applications using the software to
distribute insurance.
The partnership estimates the value of the "insurance
intermediation market" at about $60bn annually, the two
companies said today in announcing their plans. They said one of
their goals is to help industry players "overcome
organisational and cultural apprehension to blockchain by serving
a
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