Blockchain technology has the potential to turn whole industries inside out. As frictions fall, a new science of organization emerges, and the way we structure industries and enterprises will take novel shape.
Insurers, like banks, are intermediaries and, at first glance, there is great potential to use blockchain technology to streamline payments of premiums and claims. But early activity has tended to focus on optimizing current ways of working within organisations rather than on investigating the potential of a blockchain to address industry-wide problems and opportunities. Companies have to think and innovate in different ways to be able to use the full potential of this new technology. This new thinking requires courage and an organized strategic approach. This session provides a critical discussion covering the realities of identifying and prioritizing use cases, as well as challenges to finding internal champions.
Key takeaways