Global Insurance Company joins HashCash's HC Net for Blockchain Solutions
HashCash Consultants is to help a USA based global insurance company with fraud, risk, claim and payment management through smart contracts as a part of a brand new collaboration. Distribution of Payment Models- Helps global insurers to cut down asset management expenses by reducing the hedging fees that are used as protection against currency instability in cross border – Simplify the flow of information and payments between insurer and reinsurer, by securing the reinsurance contracts on the HC Net.
The Blockchain solutions offered by HashCash via HC Net, allow enterprises to convert multiple policies into smart contracts providing a single consolidated view of documentation and policy data in real-time. HashCash's HC Net comes with the added benefit of enhanced risk handling properties that help in the management of contracts among reinsurers, maintaining shared accounts and handling payments related to claims.
