First Blockchain for Marine Insurance Now Running

Article 0 Comments A blockchain that is said to be the first for $30 billion marine insurance is now in commercial use, according to a coalition of technology, insurance, marine and consulting businesses. EY, Guardtime, A.P. Møller-Maersk, Microsoft and insurance partners Willis Towers Watson, XL Catlin, MS Amlin and ACORD […]

Blockchain Revolution to Hit Shipping Industry – with Potentially Huge Cost Savings

Article 0 Comments Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on millions and millions of paper documents. That last throwback to 19th century trade is about to […]

Biggest Scandinavian Bank Lowers Debt Costs for Firms with Strong Cyber Defenses

Article 0 Comments Nordea Bank AB will start pricing debt products to reflect threats to data as the scandal engulfing Facebook Inc. redefines corporate risk. Mathias Leijon, co-head of corporate and investment banking at Nordea in Stockholm, says his team has been thinking “a lot about this” risk, with a […]