Life Insurance Holders Are Sitting On Untapped Assets. We’re Using the Blockchain to Unlock Them

In the United States, life insurance is a time-tested, conservative, and dependable financial product. But those very virtues make the industry slow to incorporate innovations.
Permanent life insurance policies can be very opaque to the typical customer, and even though they have in-built borrowing features, the terms may not be ideal, while the customer feedback may be slow, depending on the carrier. The average customer doesn’t understand how the product of permanent life insurance can work for them, or even recognize it as an asset.
We’ve invited Dr. Robert P. Murphy, the Chief Economist at infineo, to tell us about how the blockchain is the key to unlocking more options for the policy holder.
So, policy holders are sitting on a stable asset that many don’t even realize they can leverage. What is infineo, and how are you addressing this?
infineo is a fintech company that is putting life insurance on the blockchain, thus marrying a time-tested, conservative financial product with the speed and transparency of decentralized finance. Our goal is to offer an AI-powered