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Finding the Perfect Nail for this Hammer

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20 March 2021

DLT and Blockchain in Action in Insurance

Abstract

As with most emerging technology, DLT’s initial hype has led to a clearer understanding of its real potential and shortcomings. For now, its promise to revolutionize insurance has fallen short.

However, DLT and blockchain-based initiatives are moving from experiment to live transactions. There is value in this technology and insuers need to find the right use cases.

Celent provides a guide into how to identify the optimal use cases, discusses areas of value, initiatives in the market, and next steps as this technology evolves in the insurance industry.