3 takaful firms among 5 insurers on new Dubai-based B2B blockchain
Three takaful companies are among five insurers that have signed on to use a new Dubai-based blockchain platform.
Aman (Dubai Islamic Insurance & Reinsurance Company), Noor Takaful and National Takaful Company join Al Wathba Insurance and Oriental Insurance on the Addenda blockchain, according to a statement from the Dubai International Financial Centre (DIFC) on Tuesday.
InsurTech start-up Addenda is based at the DIFC and was part of the second cohort of DIFC FinTech Hive’s accelerator programme in 2018.
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