Aetna is an American health plan provider that has maintained its place on the cutting-edge of technology and now the company is pushing the health insurance platform into the future. To do so, the firm is partnering with IBM to develop a blockchain network that will be able to perform within the parameters of the healthcare industry.
Blockchain technology has some appealing qualities when it comes to security, sharing and streamlining sensitive data in the digital environment. Through its partnership with IBM, Aetna hopes to develop a blockchain-powered health insurance platform that will allow it to "streamline insurance claims processing and payments, as well as manage directories."
The project has drawn the attention of a number of industry players and organizations like PNC Bank, Health Care Service Corp., and others have reportedly joined the project for the development of the next-generation insurance platform.
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Blockchain-Powered Insurance Platforms
Aetna Partners with IBM to Streamline Insurance Claims
Trend Themes
1. Blockchain-powered Insurance Platforms - Using blockchain technology to create innovative insurance platforms that streamline claims processing and payments.
2. Healthcare Blockchain Networks - Developing blockchain networks specifically tailored to the healthcare industry for enhanced security and data management.
3. Collaborative Insurance Ecosystems - Building partnerships and collaborations between insurance providers, banks, and technology companies to create next-generation insurance platforms.
Industry Implications
1. Healthcare Insurance - Implementing blockchain technology to revolutionize the way health insurance claims are processed and payments are managed.
2. Blockchain Technology - Leveraging blockchain technology to create secure and efficient networks for managing sensitive data in the healthcare industry.
3. Financial Services - Collaborating with insurance providers to develop blockchain-powered platforms that streamline insurance claims and payments.