Schroder Capital and Hannover Re launch blockchain ILS pilot
Schroder Capital and Hannover Reinsurance have launched a blockchain ILS pilot program aimed at enhancing the investment and management of insurance-linked securities (ILS). It is reported that Schroder Capital joined the Singapore Financial Management Bureau's "Guardian Plan" last year and participated in the first pound digital bond issued by the European Investment Bank. This time, it cooperated with Hannover Reinsurance. The plan has been tested internally by Schroder and has successfully tokenized reinsurance contracts and traded them on a public blockchain platform using smart contracts.
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
Arbitrum Inflows Surge, Ethereum Sees Outflows
David Bailey’s Nakamoto Raises $710M for Bitcoin Firm
U.S. Treasury Hosts Stablecoin Policy Roundtable
Zcash Rockets Past Key Resistance Point, Ignites Market Interest
In Brief Zcash surpassed a key resistance level, capturing market attention. The price reached 45.80 dollars, the highest since January's end. Experts warn that relying solely on technical data isn't sufficient for analysis.
Trending news
MoreCrypto prices
More
