Marsh announced that it will extend its partnership with IBM as part of its blockchain proof-of-insurance solution, a press release confirmed on Wednesday, September 26th.
Marsh, who has partnered with IBM in April this year to develop the blockchain service, will now benefit from IBM's connections with Salesforce's customer relationship management giant. The note notes that "Marsh will work with IBM to extend its commercial proof of the insurance blockchain solution to be directly accessible to Marsh customers through the Salesforce platform."
In April of this year, Salesforce noted that he hoped to include blockchain and cryptocurrency support by September.
The new plans have already received public airing at the Dreamforce 2018 conference underway at Salesforce in San Francisco.
Marsh and IBM's proof-of-insurance blockchain project also include ACORD, a global standards-setting body for insurance and financial services, and ISN, a provider of information management services for suppliers and suppliers. , as a partner.
The move is the most recent integration for IBM Blockchain, whose multi-purpose platform is built using Hyperledger Fabric.
Distributed register technology has seen the launch of more cases of use this year, with IBM insurance general manager Sandip Patel commenting on the focus on efficiency units for Marsh.
"Distributed registry technologies are driving efficiency in many industries, allowing manual legacy processes to operate more efficiently and with greater transparency and trust," he noted.