April 16 - 11:04
235D
Blockchain enters the employee benefits industry
Accenture and Generali's employee benefits group have co-created a blockchain-based system. Thought to be an industry-first, the solution allows participants in the reinsurance process for captive or pooling services to access the same data. It also reduces processing errors through smart contracts and automated reconciliation. It was initially prototyped in October last year.
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