Blockchain to Automate Validation of Car Insurance Policies in Mexico

At the moment, Mexico’s insurance sector constitutes roughly 2.1% of the country’s gross domestic product (GDP). But with only 30% of vehicles insured, Mexico lags behind Chile (100%), Brazil (75%), and even Nicaragua (60%) according to Charlotte Serres of AXA Mexico. Meanwhile, road accidents costs amount to 1.7% of GDP with 15,856 people dying on the road annually. Read more…


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