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Aon Announces Successful Completion of Innovative Pilot Placing Insurance Using Blockchain Technology

Aon Announces Successful Completion of Innovative Pilot Placing Insurance Using Blockchain Technology

Aon Announces Successful Completion of Innovative Pilot Placing Insurance Using Blockchain Technology

DUBLIN, April 11, 2024 – Aon plc (NYSE: AON), a leading global professional services firm, announced the successful completion of an innovative pilot for placing insurance using blockchain and smart contract technology. The pilot was conducted with Nayms SAC Ltd., a crypto-compatible insurance marketplace, and Copper.co, a digital assets custodian.

Notable benefits of blockchain and smart contract technology for insurance stakeholders include access to new sources of capital, enhanced transparency, and reduced administrative costs and processes. Nayms’ platform facilitates tokenization of risk-bearing capital and can provide investors in this asset class with liquidity through secondary trading of their positions.

“Aon is committed to investing in new solutions to better serve our financial institution and commercial clients who are testing and developing innovative products underpinned by blockchain technology,” said Jillian Slyfield, chief innovation officer at Aon. “The potential benefits

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Canada Announces Tax Credit for Carbon Capture Technology

Canada Announces Tax Credit for Carbon Capture Technology

Canada’s federal government will introduce investment tax credits for carbon capture, utilization, and storage (CCUS) and clean technology manufacturing as it aims to compete globally in clean tech and reduce its greenhouse gas emissions.    

“As an important pillar of Canada’s clean economy jobs plan, the government is focused on implementing, on a priority basis, the new clean economy investment tax credits for carbon capture, utilization, and storage; clean technology adoption; clean hydrogen; clean technology manufacturing; and clean electricity,” the federal government said in the Fall Economic Statement this week.

The government aims to introduce legislation on CCUS in Parliament this fall.

Moreover, the 2023 Fall Economic Statement announced that the Canada Growth Fund would be the principal federal entity issuing carbon contracts for difference. The Canada Growth Fund will allocate, on a priority basis, up to US$5.1 billion (C$7 billion) of its current US$11 billion (C$15 billion) in capital to

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Synchronoss Technologies Announces New Management Structure

Synchronoss Technologies Announces New Management Structure

Mobile Techology

Mobile technology, driven by the convergence of mobile communication technology and mobile computing technology, mainly includes four types of technologies. Omnitouch is a device via which apps can be viewed and used on a hand, arm, wall, desk, or any other everyday surface. The device uses a sensor touch interface, which enables the user to access all the functions through the use of the touch of a finger. This device uses a projector and camera worn on the user’s shoulder, with no controls other than the user’s fingers. Mobile phones are being used for a variety of legitimate tasks, including meeting schedules, sending and receiving documents, providing introductions, warnings, and job applications, among others.

  • Advances in hardware, software and connectivity have transformed mobile devices into powerful tools that satisfy all our needs.
  • Mobile communications infrastructure is one of the only infrastructures that relies almost solely on private investment .
  • The
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