In this chapter, you will learn how the Corda distributed ledger can be used to cut downtime, cost, and middlemanship in vehicle insurance workflows, bringing transparency and expediting business processes.
Although R3 Corda started with finance-domain Blockchain projects, it gradually became the number-one distributed ledger technology (DLT) platform of choice for the insurance domain. Real-time synchronous transactions and the privacy of data by data visibility only between required nodes are just two of the features that helped Corda to quickly come ...
