People queue up outside a clinic in Mong Kok. Blue Cross (Asia-Pacific) Insurance is using blockchain to verify and process medical claims of its clients. Photo: Sam Tsang

Hong Kong insurer Blue Cross adopts blockchain to speed up medical claims, eliminate fraud

  • Bank of East Asia’s insurance unit says blockchain will help to save costs on data verification across its network of clinics and customers
  • Company has launched two products approved under the government’s Voluntary Health Insurance Scheme
Topic |   Banking & Finance

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People queue up outside a clinic in Mong Kok. Blue Cross (Asia-Pacific) Insurance is using blockchain to verify and process medical claims of its clients. Photo: Sam Tsang
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