Tag: insurance

  • insurance sector
    Uncategorized

    Indian Insurance Bajaj Allianz Speeds Claims Process Blockchain Tech

    Bajaj Allianz General Insurance, an Indian insurance major, has announced a successful implementation of blockchain technology into its operations. The new solution, targeting its travel and motor insurance products will speed up the claims settlement process. The announcement by Bajaj Allianz, a collaborative initiative between Indian auto major...

    Gautham | July 9, 2017 | 4:30 pm
  • insurance sector
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    Japanese Merchants Might Soon Get Insurance Against Failed BT

    Bitcoin has gained the status of a mainstream currency in Japan. The growth in adoption of a new mode of payment comes with its own set of challenges due to the decentralized nature of the cryptocurrency. Merchants including Bitcoin as a method of payment are a bit apprehensive...

    Gautham | July 1, 2017 | 8:49 pm
  • insurance sector

    AIG Issues Its First Insurance Policy on Blockchain

    AIG, the multinational insurance provider, has announced its first blockchain based insurance policy, that was issued to UK’s Standard Chartered Bank. The blockchain policy termed the “master policy” governs multiple policies for the bank’s operations in various countries. The insurance sector has found that blockchain technology can offer...

    Gautham | June 18, 2017 | 8:30 pm
  • insurance sector
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    Japan’s Mitsui Sumitomo Introduces New Bitcoin Insurance

    The cryptocurrency revolution is opening up new markets for conventional businesses as well. The insurance industry is one such sector that can capitalize on the increasing demand. Mitsui Sumitomo, the Japanese insurance major has announced its plans to offer a new product exclusively for the cryptocurrency sector. Cryptocurrency...

    Gautham | November 24, 2016 | 9:30 pm
  • safeshare
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    SafeShare Insurance over Blockchain for Shared Economy Businesses

    The Blockchain technology is designed to be secure by default as it stores important cryptocurrency transaction data. The information stored on blockchain is responsible for the execution of transactions and prevention of double spending. The bitcoin blockchain is built around the SHA-256 cryptographic function to secure data. The open source...

    Gautham | March 19, 2016 | 8:00 pm
  • Global Finance Boss Highlights a Fundamental Necessity for Bitcoin Mainstream Adoption. newsbtc
    Bitcoin

    Global Finance Boss Highlight Fundamental Necessity for BTC’s Adoption

    Putting bitcoin aside for a minute, he concept of financial security, and faithful transaction, is at the root of any stable monetary system. Mainstream adoption of anything, from credit and debit cards to online payment mechanisms such as PayPal and Skrill was reliant upon users feeling like they...

    Samuel Rae | January 27, 2016 | 2:00 pm
  • Bitwala a bitcoin service to Take Care of Your Bills While Away from Home.
    Uncategorized

    Bitwala Can Help You Pay Your Bills While Away from Home

    Bitcoin knows no borders; transactions between geographical borders is the same as making a bitcoin transfer to someone sitting right next to you. There will be no difference in transaction fee or time required for execution of the transaction. This quality of bitcoin is a boon for people...

    Gautham | September 6, 2015 | 10:00 am
  • Bitcoin Insurance – Risk Is Always There to Stay

    The London based insurance giant, Lloyd’s has recently published a report on the risk factor associated with Bitcoin and other digital currencies. The report titled “Bitcoin – Risk factors for insurance” provides a detailed description of different kinds of threats faced by Bitcoin. According to the company, the...

    Gautham | June 14, 2015 | 9:00 am
  • Uncategorized

    Coinbase Announces It’s Holding Insurance Against Theft/Loss of BTCs

    San Francisco-based Coinbase has published an interesting blog post on Wednesday, which essentially serves a means of comforting its users. In short: the company announced that it holds insurance against both theft and loss of the bitcoin they hold — much of which belongs to its over one million users....

    Jayanand Sagar | August 27, 2014 | 4:26 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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