Many people associate blockchain with cryptocurrency, but it is rapidly evolving into a method of recordkeeping for the insurance industry. While the largest brokerages and insurers may be leading the way in development, it is a near-term issue for smaller agencies as well. Take a look at some basics of blockchain and how it is becoming more prevalent in our industry in this new Forbes article. From efficiencies to auditing and verification, blockchain will emerge as an operating norm. We’re all best served by becoming comfortable with blockchain now. |