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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