Insurance Broker Marsh Pilots Blockchain-Based Digital Placement Platform

Major insurance broking and risk management firm Marsh has piloted a blockchain-based digital placement platform. Leading insurance broking and risk management firm Marsh has piloted a blockchain-based digital placement platform. Per a Sept. 24 press release, the Risk Exchange platform aims to ensure a more transparent and secure digital placement and enables users to receive […]

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Int’l Accounting Standards Body Defines Bitcoin as ‘Intangible Asset’

The International Financial Reporting Interpretations Committee (IFRIC) has ruled that cryptocurrencies, including Bitcoin, are neither financial assets nor legal tender. The International Financial Reporting Interpretations Committee (IFRIC) has ruled that cryptocurrencies, including Bitcoin (BTC), are neither financial assets nor legal tender. The Korea Times reported the development on Sept. 23, citing the Korea Accounting Institute’s […]

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Blockchain Is a New Frontier According to Top Executives, Investment Levels Plummet

Although blockchain investments appear to be decreasing, adoption and sentiment are on the rise, according to various research papers. There are mixed indicators regarding the current progress or stalling of blockchain adoption throughout the enterprise world. Research has indicated that investments have dropped by over half over the last year, contrary to other research showing […]

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