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American Insurance Giant MetLife Joins R3 Blockchain Consortium

Posted: Tue Aug 30, 2016 9:51 am
by kreslik.news

One of the world’s largest public insurers MetLife, Inc. has joined the R3 blockchain consortium of 60 major global institutions focused on applying distributed ledger technologies for the financial markets.

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MetLife will partner with R3 members to explore how blockchain technology can be leveraged in an insurance environment to streamline activities such as new investments management, business processing, policy administration, customer payments and distribution of proceeds.

“R3’s work has proven how blockchain technology can disrupt how business is done today. MetLife is proud to be the first ... (read more)