iXledger and fidentiaX Announce Strategic Partnership to Disrupt the Insurance Industry
iXledger is a ground-breaking alternative marketplace for insurers, reinsurers and brokers to trade insurance products directly and has announced that it has entered into a strategic partnership with fidentiaX, the world’s 1st marketplace for tradable policies powered by blockchain technology.
Both companies are building blockchain solutions to democratize the insurance industry and to streamline the opacity and byzantine operating standards of the sector. fidentiaX’s marketplace empowers Policyholders to monetize their existing insurance policies for higher value and Buyers to invest in an asset class not easily available previously.
This new Strategic Partnership will create synergy between iXledger and fidentiaX platforms to deliver a secured, transparent and efficient end-to-end experience for Businesses (Insurers, Reinsurers, and Brokers) and Consumers (Policyholders).
As part of the partnership, iXledger will be allocating resources towards fidentiaX’s development of its Tradable Insurance Marketplace as well as technology collaboration between the two disruptive marketplaces.