Cryptocurrency in Insurance: Benefits for Policyholders and Successful Examples of Acceptance
Insurance companies are increasingly accepting cryptocurrencies as payment, with some even offering policies directly related to cryptocurrencies. Policyholders benefit from diversification, faster transactions, and increased privacy. Insurance companies benefit from reduced transaction costs and improved security. Examples of insurance companies accepting cryptocurrencies include INGUARD, Lemonade, AXA, Metromile, and Premier Shield Insurance. The future of cryptocurrency … Read more
