Free Eco weekend | While blockchain technology has been the subject of extreme hype, its most egregious applications are likely to be in some of the more archaic fields. And it has the ability to be a transformative force for industries like insurance. Of course, it will not be easy to achieve this. Insurance companies using blockchain technology will need to overcome significant regulatory and legal hurdles before they can observe an industry-wide disruption. Skeptics point out that blockchain technology faces serious hurdles in an industry that hasn’t even fully embraced the cloud yet.
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