Blockchain-powered life settlement for fairer, faster transactions
Life settlement companies face a range of challenges like customer verification, investment frauds, high operational costs, unauthorized contract underwriting, and policy management that disrupt the seamless execution of thelife settlement process. Adoption of blockchain-based lifesettlement solution not only addresses the aforementioned concerns but also expedites the life settlement process by automating andstreamlining sub-functions, adding transparency, traceability, auditability, and security.

Damco's B-Life is ablockchain-powered solution that facilitates the most trusted, immutable, auditable, and transparent environment for a frictionless life settlement while bringing all parties onboard.

Leveraging decentralized, distributed ledger technology (DLT), B-life helps insurance companies detect fraudulent claims, streamline diverse life settlement functions, reduce operational costs, and ensure transparency in the settlement processby eliminating intermediaries.