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Enterprise Blockchain Business Scenarios In Action In China: Insurance

March 19th, 2021
With contributors:
Glenn O'Donnell , Frederic Giron , Han Bao , Bill Nagel

Summary

Blockchain is catalyzing a long-term shift of trust in distributed business environments globally. China’s "new infrastructure" national initiative makes blockchain an integral part of the digital infrastructure. Aggressive investments in digital transformation by the government, enterprises, and vendors have propelled China's blockchain adoption ahead of other regions. In China, blockchain is transforming business operations and enabling new business models within the digital ecosystem. Forrester has identified a range of blockchain business scenarios for the insurance industry. China’s experiences will facilitate blockchain practices in the future.

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