The distributed ledger system and the smart contract provides a secure unified claim adjudication system that can prevent attempted unauthorized access to private user information and resulting fraud.

A system for facilitating insurance carrier discovery, the system comprising: a plurality of servers maintaining a distributed ledger for tracking payment events pertaining to insurance claims, ...

IRVINE, Calif.--(BUSINESS WIRE)--SmartAxiom Inc announced today its receipt of U.S. patent number 11,032,293 for a ‘System and method for managing and securing a distributed ledger for a decentralized ...

Some people think that permissioned distributed ledger technology can perform better than open blockchain because it is tweaked to address the issues of the latter. Such systems are also called ...

Since the onset of the COVID-19 pandemic, the insurance industry has approached digital transformation with an unprecedented level of urgency. The need to improve client service delivery, achieve ...

Ledgers, the foundation of accounting, are as ancient as writing and money. Their medium has been clay, wooden tally sticks (that were a fire hazard), stone, papyrus and paper. Once computers became ...