B3i Launches New Website & Announces Prototype

B3i, the “open and growing” platform for blockchain based technologies, has two reasons to celebrate . First, it launched a new website:


Second, it announced the launch of a market beta-testing of its reinsurance blockchain prototype at the 61st Monte Carlo RVS conference, where it, for the first time, publicly showcased the solution. The platform uses distributed ledger technology to enable secure, confidential and efficient transactions in a blockchain network. The short term focus of the platform is on handling reinsurance contracts. B3i members expect that users of the platform can benefit from lower admin costs and up to 30% in productivity gain, which in turn, will lead to more attractive rates in the future. Just look at these happy members:

PS. Recall B3i members here or here.