The insurance provider says it will have the crypto converted into Swiss francs, instead of carrying BTC on its balance sheet.
CoinDesk's Noelle Acheson explains how AXA’s blockchain flight delay insurance test could point to the evolution of the insurance sector as a whole.
AXA has unveiled a new flight delay insurance product that uses the public ethereum blockchain to store and process payouts.
A subsidiary of banking giant BNP Paribas has revealed it is utilizing blockchain tech for a fund-distribution platform currently in development.
AXA is eyeing bitcoin to help streamline the remittance market, the general partner of its VC fund has told CoinDesk.