Blockchain and the Insurance Industry

Blockchain and the Insurance Industry

Blockchain technology has seen a lot of hype in recent times. That said, what started it all was Bitcoin, the first cryptocurrency that launched in 2009. Since then, blockchain use in the cryptocurrency space has witnessed many innovations. Cryptocurrencies that launched after Bitcoin not only adopted its technology but added many layers to it. Ethereum, for instance, was the first to introduce smart contracts into the mix. So, what followed was a myriad of blockchain networks adding smart contracts to their own platforms. All…