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B3i to Lead New ACORD Standards Project Group as Co-Chair

B3i to Lead New ACORD Standards Project Group as Co-Chair to Develop Blockchain Adoption Standards for Insurance Industry

 

B3i Services AG announced at its first membership Community Conference in Amsterdam that...

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B3i, The Blockchain Insurance Industry Initiative, has announced it will build its applications and business network on the Corda blockchain platform.

B3i Services AG completed a detailed review of the available open source blockchain technologies against the B3i enterprise platform strategy, focusing on critical success factors of data privacy, scalability, interoperability and developer productivity. Following extensive evaluation, B3i concluded that the Corda platform offers the best blockchain solution available, providing a solid foundation for B3i to efficiently deliver business value to its clients.

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B3i is very pleased to announce that Susan Joseph has been appointed as its North America Representative. Susan will represent B3i at all levels, with emphasis on regulatory liaison, marketing, community building and promotional activities. This appointment takes place at a critical point in B3i’s development as it seeks investors for a second funding round and makes progress towards the launch of its first product, a Cat XoL contract, on its blockchain platform by the end of this year.

Susan is a JD/MBA and former General Counsel who has been consulting in blockchain for the past three years in the areas of consortia, insurance, identity, financial services, real estate, and humanitarian concerns.

 

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Following incorporation of B3i Services AG, the company has commenced structuring its 2nd funding round. B3i is a company which is at the cutting edge of delivering innovative blockchain technology for the re/insurance industry, which already has a strong network of members and excellent feedback on the first product. Please note that B3i's funding round is a private placement for institutional investors only. 

For more information, please contact us via investor@b3i.tech.

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