By using blockchain technology, Marsh and
Leveraging the IBM Blockchain Platform and IBM’s strategic relationship with Salesforce, the global leader in CRM, Marsh will work with
The new initiative will be demonstrated today at Salesforce’s Dreamforce 2018, taking place in
Commenting on the expansion,
A distributed ledger technology, blockchain establishes a shared, immutable record of all the transactions that take place within a network and then enables permissioned parties access to trusted data in real-time. Since proof of insurance is a key business requirement in many industries, this blockchain solution allows the creation of a network of networks to provide verification on a much broader scale.
“Distributed ledger technologies are driving efficiency across many industries by enabling legacy manual processes to operate more efficiently and with greater transparency and trust,” said
Marsh announced in April the first commercial proof of insurance solution, in conjunction with
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A global leader in insurance broking and innovative risk management solutions, Marsh’s 30,000 colleagues advise individual and commercial clients of all sizes in over 130 countries. Marsh is a wholly owned subsidiary of