DLT and Blockchain in Action in Insurance
As with most emerging technology, DLT’s initial hype has led to a clearer understanding of its real potential and shortcomings. For now, its promise to revolutionize insurance has fallen short.
However, DLT and blockchain-based initiatives are moving from experiment to live transactions. There is value in this technology and insuers need to find the right use cases.
Celent provides a guide into how to identify the optimal use cases, discusses areas of value, initiatives in the market, and next steps as this technology evolves in the insurance industry.