Originally posted Blockchain/Distributed Ledger The insurance industry’s exploration of blockchain-based solutions continues to expand, potentially impacting future policies available to commercial policyholders. The Blockchain Insurance Industry Initiative (B3i), an industry consortium tasked with exploring the potential uses of distributed ledger technology, also known as blockchain, expanded to 15 members last week. B3i was founded in October 2016 by five insurance companies – Allianz, Aegon, Munich Re, Swiss Re, and Zurich – to allow members to exchange and test ideas for potential uses for this technology in the insurance industry. Current member companies are Achmea, Aegon, Ageas, Alli
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