Blockchain and Cryptomania — The Insurance Industry is Ready to Rumble

You’ve probably heard the terms “blockchain” and “crypto” at some point, but what do they mean? Both words are the “buzzwords” of 2017 and the boom is expected to continue in 2018.

Many experts including bankers from top-tier investment banks are mocking companies like Kodak for creating public excitement and especially steeply rising share prices by adding “crypto” to their names or by starting their own crypto-currency. And at least for some companies, they get it totally wrong.

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