Insurtech Insider By 11:fs

62. Blockchain: Being too early is worse than being wrong!

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Sinopsis

On this week's episode of Insurtech Insider, Sarah Kocianski and Nigel Walsh are in the virtual hosting seat and joined by two special guests to explore how blockchain is changing the world of insurance. Joining Sarah and Nigel this week are: Simon Taylor - 11:FS Head of Ventures Aman Kohli - CTO of Banking & Capital Markets UKI at DXC Kicking things off, we start by establishing what blockchain is. Between Bitcoin, blockchain, crypto and DLT, there are a lot of different terms thrown around, however, our guest and hosts establish that what is more important than definitions is knowing how and where this technology can be used. We hear a lot about blockchain in the insurance industry but where is it supposed to be implemented and what can it do to help? It turns out that with the intermingling of different parties and people, insurance might be the ideal use case for blockchain. Blockchain is already an established technology in banking, asset management and wealth management, so why does adoption