A deserted street in Beijing this week. The coronavirus outbreak has placed at least 27 mainland Chinese cities on lockdown and forced many Hongkongers to work from home. Photo: AFP

Insurance service providers rely on blockchain to fast track claims payout amid coronavirus outbreak

  • In mainland China, blockchain-backed online mutual aid platform Xiang Hu Bao adds flu-like illness to critical conditions it covers
  • In Hong Kong, Blue Cross’s blockchain-backed app helps to speed up claims process, reduce need for face-to-face contact
Topic |   Fintech
A deserted street in Beijing this week. The coronavirus outbreak has placed at least 27 mainland Chinese cities on lockdown and forced many Hongkongers to work from home. Photo: AFP
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