R3 and ACORD partner in the name of Blockchain

Financial innovation firm R3 announced it has partnered with ACORD (standards and stuff) to launch a Centre of Excellence for distributed ledger technology, which will provide a dedicated environment for both R3’s members and ACORD’s members to research, experiment and design Blockchain applications that improve the efficiency of insurance processes such as claims handling and data management. Missing the word ‘deploy‘. Oh well. Recall popular Blockchain initiatives and their respective insurance partners .