Condividi questo articolo
EY's Maritime Blockchain Insurance Tech Is Now Live
A group of companies piloting a blockchain-based insurance platform for global shipping industry said the technology is now live in commercial use.
Di Wolfie Zhao
A group of companies piloting a blockchain-based insurance platform for the global shipping industry announced on Friday that the technology is now live in commercial use.
Dubbed Insurwave, the blockchain platform was developed by professional services firm Ernst & Young and software company Guardtime based on Microsoft's Azure cloud-based technology. It was built on top of R3's open-source Corda platform.
STORY CONTINUES BELOW
Non perderti un'altra storia.Iscriviti alla Newsletter Crypto Daybook Americas oggi. Vedi tutte le newsletter
As previously reported by CoinDesk, the Denmark-based shipping giant Maersk first joined the group in September of last year to deploy the solution in a pilot phase. Other notable participants in the test included insurers MS Amlin and XL Catlin.
The end goal, the group said, is to allow each party in the shipping insurance ecosystem to use a distributed ledger that would record shipment information and automate insurance transactions when needed, which touts an ability to bring efficiency and transparency.
The group expects the platform to execute over half a million automated blockchain transactions for more than 1,000 vessels over the first year of its use in a live, commercial environment.
Further down the road, EY said it also plans to extend the application to other types of business insurance, including global logistics, aviation and energy.
Today's announcement also marks the latest effort by Maersk to actively apply blockchain technology in its operations.
Currently, the firm is also working with IBM to adopt a global trade digitization platform built on the Hyperledger Fabric 1.0 blockchain to record and transact cargo information along the global shipping supply chain.
Maersk shipping image via Shutterstock
Di più per voi
Cosa sapere:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
Top Stories
