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Linux Foundation, Insurance Group Roll Out Platform To Cut Costs Using DLT

Tue, 13 Apr 2021, 09:54 am UTC

The Linux Foundation and the American Association of Insurance Services (AAIS) have teamed up to create a platform for insurance carriers using distributed ledger technology (DLT).

According to a press release on Monday (April 12), the Open Insurance Data Link (openIDL) platform seeks to provide a standardized data repository to ease regulatory reporting and reduce costs associated.

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