Nov 21, 2019 - Insurance is a significant industry worldwide: in 2017, total global gross written premiums tallied $4.8 trillion. In this white paper, Henry Kim and Muhammad Izhar Mehar of the Schulich School of Business offer clear guidance for evaluating potential blockchain use cases in commercial insurance. They take a “first principles” approach rooted in historical and economic perspectives and provide a more scientific framework for comparisons. It is a practical work for professionals responsible for sizing up the potential of distributed ledger technology in the insurance industry.

Dec 23, 2019 - This research explores how blockchain technologies could address the challenges of the market for life insurance. Through initiatives such as open IDL and consortia such as B3i and The Institutes RiskStream Collaborative, the insurance industry is exploring use cases where blockchain could deliver near-seamless automated processes, more secure data sharing, uniform compliance, and better fraud prevention. New business models such as peer-to-peer insurance and insurance-as-a-service will likely gain traction as insurance technology start-ups move into life insurance.

Sep 30, 2019 - This research explores the disruptive effects of blockchain technologies on central banking and the financial services industry. Its author discusses Facebook’s proposed cryptocurrency Libra, and how the other FAANG companies—that is, Amazon.com, Apple, Netflix, and Google—might respond with their own digital tokens. He introduces five transformations—cryptoassets, the tokenization of everything, blockchains as state machines, a new model for identity, and the nine forms of decentralized finance. He examines the challenges that incumbents and innovators face during this transition; and he previews the world of financial services in th...