Coinbase may Launch Cryptocurrency Insurance Company

Coinbase may Launch Cryptocurrency Insurance Company
ôîòî ïîêàçàíî ñ : btcmanager.com

2019-7-11 23:00

According to industry sources, Coinbase could be planning to open a captive insurance company with the help of AON. The alleged new insurance fund will benefit from a fully regulated framework that will allow the crypto exchange to capitalize on other investments products such as reinsurance.

Prevention is Better than a Cure Disccusions are reportedlyRead MoreRead More. The post by Edoardo Vecchio appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\. origin »

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Insurance giant MetLife to use Ethereum to revolutionize life insurance process claims

New York-based insurance company, MetLife, is planning to revamp the life insurance claims process by utilizing Ethereum’s blockchain. MetLife’s Singapore-based incubator, LumenLab, is partnering with Singapore Press Holdings, a media group, and insurance cooperative, NTUC Income, to release a smart contract platform built on Ethereum called Lifechain.

2019-6-21 22:30


MetLife, the world’s sixth-largest insurance company, using Ethereum to transform life insurance

MetLife, one of the globe’s largest providers of insurance, is using Ethereum to transform the life insurance claims process. Using Ethereum to transform life insurance LumenLab, MetLife’s Singapore-based incubator, is collaborating with media group Singapore Press Holdings and insurance cooperative NTUC Income to release “Lifechain,” a smart contract platform built on Ethereum, reported Forbes contributor […] The post MetLife, the world’s sixth-largest insurance company, using Ethereum to transform life insurance appeared first on CryptoSlate.

2019-6-20 10:15


LumenLab of MetLife Uses ‘Lifechain’ Blockchain for Life Insurance Claims Automation

As one of the top financial firms in the word, MetLife subsidiary MetLife Asia Innovation Center’s, LumenLab, is looking to “blockchainize” life insurance claims for bereaved families. The latest announcement from the company confirms they have partnered with NTUC Income, a Singapore based insurance firm and Singapore Press Holdings Ltd (SPH), a leading media organization […]

2019-6-20 00:04


Coinbase Confirms Crypto Insurance Coverage Worth $255 Million for Hot Wallets

The largest U. S.-based crypto exchange, Coinbase, has recently revealed some of the details pertaining to its insurance coverage for cryptocurrencies. The Vice President of Security of the company, Philip Martin, has recently affirmed that the coverage of the company covers up for $255 million USD in assets in hot wallets. Fortunately, only less than […]

2019-4-3 04:25


BitGo Crypto Asset Custodian Service Ups The Ante With $100 Million Insurance Coverage Via Lloyd’s Of London

BitGo Cryptocurrency Custodian Now Offers Up To $100 Million Insurance Coverage For Digital Assets. BitGo, a California-based digital assets financial services company has announced https. , 2019 it's now offering up to $100 million insurance coverage for all custodial assets that are held by the company reports BusinessWire.

2019-2-20 23:52


Institutional Investors are Already Turning to Crypto: Should You Fear Missing Out?

Two public pensions from Fairfax County, Virginia’s Police Officer’s Retirement System and Employees’ Retirement System, have invested in Morgan Creek’s new $40 million crypto fund. Anthony Pompliano, a Morgan Creek general partner, said that it is the first case in which public pensions have invested in the cryptocurrency market.

2019-2-12 18:28


Ontology and South Korea’s Hanwha Life Insurance to Develop a Blockchain Academy Program

Ontology has joined hands with South Korea’s first life insurance company, Hanwha Life, in a bid to develop a “Blockchain Academy” program. According to an official announcement, Hanwha Life is looking to use Ontology’s blockchain to come up with an effective Blockchain Academy program, which was launched in June 2018. Boasting around 5,000 registrations, the […]

2019-1-30 20:22


Gibraltar Blockchain Exchange is now providing insurance coverage for crypto assets on its platform

The Gibraltar Blockchain Exchange (GBX), a subsidiary of the Gibraltar Stock Exchange, is now providing insurance coverage for crypto assets listed on its platform. On December 10, the company announced that it has partnered with a local provider called Callaghan Insurance to provide the policy to cover both hot (online) and cold (offline) wallets listed […]

2018-12-12 20:57


The Gibraltar Blockchain Exchange Announces Insurance Coverage for Crypto Assets

The Gibraltar Blockchain Exchange (GBX) has announced an insurance coverage policy that ensures that assets listed on the GBX Digital Asset Exchange can be insured. The policy, in association with Gibraltar-based firm Callaghan Insurance, marks an important step for the company in attracting users who require strict assurances around the security of their assets, according to Nick Cowan, CEO […] The post The Gibraltar Blockchain Exchange Announces Insurance Coverage for Crypto Assets appeared first on Coinjournal.

2018-12-11 20:37


Blockchain Comes to State Farm to Make Insurance Claims Process More Efficiently

Blockchain technology seems to be reaching into many mainstream companies, and State Farm is one of the latest to jump on the bandwagon. Based on a recent announcement from the U.S.-based insurance group, it looks like the company is looking to integrate blockchain technology into their platform, assisting with the protocols implemented during insurance claims. […]

2018-12-11 00:48


Ôîòî:

Bakkt Delays Platform Launch; Announces January as Tentative Roll Out Date

Bakkt, an upcoming crypto retail payment system and futures platform, is delaying its launch to better ensure the platform’s success at release. On November 20, 2018, the CEO of Bakkt released an update on Medium, outlining the future business plans for the company, describing some of the progress in implementing new features and declaring that the company’s initial launch is being postponed until January 24, 2019.

2018-11-21 02:24


Ôîòî:

New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders

International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts.

2018-11-13 00:43


Colibra Token ICO: Blockchain Democratic Insurance Company?

What Is Colibra? Colibra is the world’s first insurance company that seeks to change how to handle risk and how people are treated when risks occur. Colibra is an open crowdsourced platform based on blockchain technology that handles non-parametric insurance claims and the payment of claims in an automated, transparent, and autonomous way. The main objectives […]

2018-11-10 11:15


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FTX-Linked Crypto Firms Are Getting Pushback From Insurers

FTX imploded back in November and there have been a number of developments since then. The effect of the crypto exchange’s collapse is still being felt by both users and companies in the space, and the most recent development shows that the contagion is far from over.