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Deloitte’s new global survey of more than 1,000 global blockchain-savvy executives from seven countries and nine industries is a leading indicator of where blockchain is headed.

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For the world of insurance, the application of blockchain is a much more concrete notion and although most insurance companies are therefore interested in it, very few as yet fully understand and use blockchain. B3i CMO, Ken Marke lends his insights to a panel at the Instech summer conference. 

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Blockchain technology is moving out of the lab and into the insurance business, writes Ken Marke with the Blockchain Insurance Industry Initiative (B3i). Providing an overview of blockchain and its long-term benefits, Marke says that 2018 will be the year when the technology moves past the proof-of-concept phase into real-life applications—ultimately leading to an industry revolution.

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