An Introduction to Blockchain and Cryptocurrency and the impact on Insurance
Hosted by Nottingham Insurance Institute, with spaces made available for BII members on a first come first serve basis.
Blockchain, Distributed Ledger Technology, Bitcoin and cryptocurrencies in general keep appearing in the news. Whether it’s about ransomware, the dark web, money laundering or fraud, it tends to have only bad stories written about it. There’s also a lot of hype too as Bitcoin keeps going up in price, “DeFi” is the next big thing and Non-Fungible Tokens (NFT’s) are the latest craze. The digital artist known as Beeple recently raised $69 Million from the auction of an NFT.
The technology is full of buzzwords which makes it difficult to appreciate that it does offer some radical alternatives to how businesses operate and could have a transformative effect – particularly in insurance.
The session is intended for those who wish to gain an understanding of blockchain core concepts, use cases and relevance to insurance. It is designed to be business, rather than technical, focused and no prior knowledge of Blockchain is required.
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