Key elements of a blockchain: Distributed ledger technology, Immutable records and Smart contracts. All network participants have access to the distributed ledger and its immutable record of transactions. No participant can change or tamper with a transaction after it’s been recorded to the shared ledger.
Crypto criminals will launder at least $10.5 billion by 2025 by harnessing new blockchain technology that is creating opportunities for financial crime faster
Blockchain continues to be a hot topic in the business world and news. Many people have heard of blockchain but may not be familiar with what it actually is
Blockchain technology will play a key role in the Metaverse, along with other emerging technologies such as artificial intelligence (AI) and virtual reality (VR)
Although blockchain offers enormous potential, it is not a silver bullet. Instead, it should be considered as part of a wider insurance digitization strategy