Abacus Life Settlements and Longevity Market Assets are collaborating with BlockCerts Blockchain on a new business model and technology platform to launch Abacus into a new era for insurance and longevity-related assets.
"Abacus Life and Longevity Market Assets are excited to partner with BlockCerts Web 4.0 to lead the next generation of life insurance and annuity purchases using blockchain. We are revolutionizing the acquisition and investment in longevity-related assets," stated Jay Jackson, CEO of Abacus Life. In the future, Abacus Life will transact a policy entirely on the blockchain using the BlockCerts Authenticated Cloud, Secure Virtual Space platform, SignCERTin, and proprietary decentralized applications. This will eliminate paperwork and intermediaries, shorten timeframes, streamline processes, offer front-to-back digital identity for clients, and enhance security, just to name a few.
The company will benefit from cost reductions, next-generation data security, and a...
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