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RiskStream Launches Blockchain Platform for Auto Claims Data Sharing
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RiskStream Launches Blockchain Platform for Auto Claims Data Sharing
MALVERN, PA — The Institutes RiskStream Collaborative has launched RAPID X, a blockchain-based auto claims data exchange platform designed to allow insurance carriers to share accident information in near real time, the organization announced. The platform enables insurers covering drivers involved in the same crash to transmit secure, permissioned claims data to one another within hours of a loss. RiskStream said the system is intended to reduc…
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