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ARTICLE · 18 APRIL 2022

The One Where Insurance Meets Blockchain And Parametrics

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With increasing frequency, our team is being asked to assist clients with matters involving insurance and blockchain technology. The opportunities to harness the power of blockchain...

CanadaInsurance
Richard Da Costa
Richard Da Costa
Jacob Robinson
Jacob Robinson
Gordon Goodman
Gordon Goodman
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With increasing frequency, our team is being asked to assist clients with matters involving insurance and blockchain technology. The opportunities to harness the power of blockchain and adapt it to insurance solutions seem endless. With each such engagement, we cannot help but feel that – and we literally say this to each other often – "this is what it must have been like to help clients with Internet-related matters in the mid-1990s."

OH, THE POSSIBILITIES

In the early years of the Internet, the efficient exchange of digital information led many to appreciate the myriad of potential use cases for peer-to-peer information  exchange. With blockchain, the combination of cryptography and consensus leads many to contemplate the myriad of potential use cases for peer-to-peer value  exchange. In this regard, the similarities between the internet and blockchain are as great as their potential.

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