Overview and Scope The blockchain in insurance market consists of revenues earned by entities by providing services such as secure data management, automated claims processing, fraud detection and prevention, and smart contract implementation. The market value includes the value of related goods sold by the service provider or included within the service offering. The blockchain in insurance market also includes sales of blockchain-based insurance platforms, digital wallets for policy management, secure identity verification tools, and smart contract solutions. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Sizing and Forecast The blockchain in insurance market size h
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