Statefarm and USAA people looking at blockchain through a glass

Major U.S. insurance companies, State Farm and the United Services Automobile Association (USAA) are jointly testing a blockchain solution that aims to automate the process of automobile claims. State Farm announced the development on May 30, 2019. Blockchain to Streamline the Cumbersome Insurance Process The long untouched insurance sector could soon experience a large-scale disruption

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Source and More information: Insurance on Blockchain: State Farm, USAA Testing Quorum-Powered Payout Product

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