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Consortium blockchains
Let the insurance industry alone want to create a special blockchain for itself. Naturally, this blockchain must be in harmony with all the needs of this industry, in this case, it is necessary that the blockchain is created only for the purpose of operating in the insurance field.

Thank you for this useful information about blockchain in the insurance industry and its effectiveness

78 $DEGEN 
Creating a consortium blockchain tailored specifically for the insurance industry makes sense as it can address industry-specific challenges while ensuring data privacy, security, and interoperability among participants.