R3 and Acord open DLT-full Insurtech center

The R3 consortium has teamed up with Acord (Association for Research and Development in Cooperative Operations) to open a virtual “center of excellence” for distributed ledger technology (DLT) in the insurance industry.

R3 has a number of insurance companies among its members, including MetLife, AIA, and Suncorp Group, as well as other financial services members who have their own insurance groups. Acord is a not-for-profit organization that promotes data standards and …

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