Insureblocks Blockchain & Smart Contracts In Insurance

Blockchain & Trade Finance This week’s podcast is all about blockchain in trade finance. We were very lucky to have Marilyn Blattner-Hoyle, Head of Supply Chain and Trade Finance at AIG. In this episode she will share with us the pilot they ran with Standard Chartered and with TradeIX.   2 Minute Definition of Blockchain Marilyn, approaches blockchain as a layman, so the way she looks at it, is blockchain is a form of distributed ledger technology, which simply put is a distributed database or ledger that can record and track transactions in a secure environment with optimal transparency. Cryptography underpins the way this is done. The way AIG, and particularly Marilyn’s trade finance team look at blockchain is how it can be used to providing solutions to their clients by creating simpler ecosystems for allowing trade finance to occur.   What is trade finance? Simply put, trade finance is the facilitation by banks, financial institutions and other funders to support sellers selling goods and services and