Linux Foundation launches blockchain-based platform for insurance

Cointelegraph

Published Apr 13, 2021 07:37AM ET

Updated Apr 13, 2021 09:20AM ET

The Linux Foundation, the nonprofit technology consortium that supports the Linux operating system, is backing a new blockchain-based project for the insurance industry.

On Monday, the foundation announced the launch of the Open Insurance Data Link platform, a project that aims to reduce the cost of insurance reporting and create a standardized insurance data repository using distributed ledger technology.

Continue Reading on Coin Telegraph