French insurance giant AXA SA has launched a new insurance product that utilizes the Ethereum blockchain to manage insurance contracts and to process payments. Called “fizzy,” the new product is described by the company as a “fresh new genre in insurance” that offers compensation to policyholders whose flights are delayed by more than two hours. […]

The post AXA utilizes Ethereum blockchain for new flight delay insurance product appeared first on SiliconANGLE.

Click to here read the full article