Blockchain and other distributed ledger technologies (DLTs) underpinning crytpoassets are being adopted across the business world for a variety of purposes. In the finance sector, DLT.
Some law firms are adopting it themselves to streamline their operations and make them more secure and transparent. To facilitate this, some have joined the Global Legal Blockchain Consortium to develop standards that will govern the use of blockchain technology in law.
Henry Gale, research analyst at InsTech, looks at the benefits of parametrics and how it can complement indemnity insurance - and how a new hybrid policy