Corda Selected as Blockchain of Insurance Consortium B3i

[kreslik.news]

B3i (Blockchain Insurance Industry Initiative), a consortium of several European insurance companies which was formed in 2016 to investigate blockchain applications for that industry, has decided to use the Corda platform to build its network, according to an official press release.

The release says that after reviewing and comparing the data privacy and scalability offered by various open source blockchains, B3i concluded that Corda is the best available.

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Since May 2018 B3i has operated through an independent company called B3i Services AG. It launched a separate entity so that it could be in charge of its ... (read more)