Berkshire Hathaway insurance company adopts blockchain for cross-border business
Berkshire Hathaway Insurance Company (BHSI) announced the expansion of its cross-border capabilities, including the adoption of a permissioned blockchain solution developed by ChainThat. BHSI can provide insurance services to 178 countries. BHSI uses WorldLink to improve the workflow efficiency of its cross-border business. WorldLink is currently used for 95% of its global insurance and is based on the insurance technology ChainThat's Beyond Multinational Programs platform. ChainThat estimates that costs could be reduced by 30% through the efficiency of its SaaS product.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
DeFi Just Got Real: JPMorgan Takes a Historic Leap into Blockchain Finance
PRAIUSDT now launched for futures trading and trading bots
'Pixelmon' to Launch 'Warden's Ascent' RPG and Idle Mobile Games on Avalanche—Here’s Why
Trending news
MoreCrypto prices
More








