Blockchain to save the insurance sector from fraud
Although 95% of insurers employ anti-fraud technology, they continue to be burned by fraudsters! By moving insurance claims onto an immutable ledger, blockchain technology can help eliminate common sources of fraud in the insurance industry.
Accenture partnered with RiskBlock, as a Lead Framework Architect, to build production grade platform for testing and implementing use cases including fraud reduction within the insurance industry. Insurance companies eager to implement blockchain are looking for service providers with security and identity management solutions.
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