Blockchain news flash! According to CoinDesk, blockchain-based life insurance company Infineo has issued $9 million worth of tokenized policies on the Provenance blockchain. The policies were tokenized by Provenance Blockchain Labs, the ecosystem development organization behind the Provenance network. 🔐💰
Infineo is also developing a secondary market for tokenized policies to enable peer-to-peer transactions and new products supported by tokenized life insurance. This is another innovative application of blockchain technology in the insurance industry, and it also indicates that blockchain technology may be more widely used in various industries in the future. 🚀🌐
This is a deep integration of blockchain and the insurance industry, and it is also a broadening of the scope of application of blockchain technology. Let us look forward to more innovations and breakthroughs brought by blockchain technology in the future! 🔭🎉