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Hong Kong to Deploy Blockchain Against Insurance Scammers
Hong Kong has reportedly developed a new weapon to combat insurance fraud, Insurance Business Asia reports: Hong Kong-based start-up CryptoBLK and the Hong Kong Federation of Insurers (HKFI) have launched a motor insurance platform that harnesses blockchain to ensure authenticity and counter fraud. The platform is called the Motor Insurance DLT-based Authentication System (MIDAS), and Insurance Business Asia – citing