An Introduction to Blockchain and Cryptocurrency and the Impact on Insurance

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.

Learning Objectives

By attending this event, delegates will be able to:

• Understand what a Distributed Ledger is
• Be aware of examples of how blockchain is being used across a range of industries
• Discover how blockchain is being used in Insurance
• Be aware of the main insurable risks
• Understand what cryptoassets, cryptotokens and cryptocurrencies are

Gary is well recognised in the Emerging Technology arena, with particular expertise in financial services, including commercial insurance and legal sectors. He was shortlisted and was a finalist in the 2021 CryptoAM Summit Award for Education, is listed in the “Top 100 Blockchain influencers” list and was placed 19th in Thinkers360 Top 50 Global Thought Leaders and Influencers on Cryptocurrency 2021 report and has been a guest on ITV’s Good Morning Britain, GB News TV and BBC Radio London.

He is a keynote speaker, panellist and moderator at international conferences and events, both online and in person. He provides business and strategy masterclass training for the general market and offers bespoke education, consultancy and advisory services in insurance, legal, banking, automotive and media sectors.

With over 30 years of commercial experience in a variety of industries, including retail, pharmaceuticals, commodities trading and insurance, Gary has acknowledged expertise in the exploitation of emerging technologies including Business Intelligence, Data Analytics and Blockchain / Distributed Ledger Technology, Big Data, Cloud and Edge Computing.