The state of art, opportunities and challenges of blockchain in the insurance industry: a systematic literature review

Blockchain technologies are quickly changing the competitive business landscape. However, key stakeholders are still sceptical about how, when, and what blockchain might bring to their businesses. This study aims to analyse how blockchain might reshape the insurance industry from an economic and bus...

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Detalles Bibliográficos
Autores principales: Dominguez Anguiano, Teresa, Parte, Laura
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer International Publishing 2023
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9942649/
http://dx.doi.org/10.1007/s11301-023-00328-6
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author Dominguez Anguiano, Teresa
Parte, Laura
author_facet Dominguez Anguiano, Teresa
Parte, Laura
author_sort Dominguez Anguiano, Teresa
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description Blockchain technologies are quickly changing the competitive business landscape. However, key stakeholders are still sceptical about how, when, and what blockchain might bring to their businesses. This study aims to analyse how blockchain might reshape the insurance industry from an economic and business perspective, as well as to identify which are the challenges and enablers that specifically affect blockchain adoption within this industry, through a Systematic Literature Review (SRL). We also classify existing challenges into five strategic areas: Social, Technological, Environmental, Economic, and Political. Additionally, we provide several recommendations to the manager on identifying the existing hurdles and smoothing transformation.
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spelling pubmed-99426492023-02-22 The state of art, opportunities and challenges of blockchain in the insurance industry: a systematic literature review Dominguez Anguiano, Teresa Parte, Laura Manag Rev Q Article Blockchain technologies are quickly changing the competitive business landscape. However, key stakeholders are still sceptical about how, when, and what blockchain might bring to their businesses. This study aims to analyse how blockchain might reshape the insurance industry from an economic and business perspective, as well as to identify which are the challenges and enablers that specifically affect blockchain adoption within this industry, through a Systematic Literature Review (SRL). We also classify existing challenges into five strategic areas: Social, Technological, Environmental, Economic, and Political. Additionally, we provide several recommendations to the manager on identifying the existing hurdles and smoothing transformation. Springer International Publishing 2023-02-21 /pmc/articles/PMC9942649/ http://dx.doi.org/10.1007/s11301-023-00328-6 Text en © The Author(s) 2023 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Article
Dominguez Anguiano, Teresa
Parte, Laura
The state of art, opportunities and challenges of blockchain in the insurance industry: a systematic literature review
title The state of art, opportunities and challenges of blockchain in the insurance industry: a systematic literature review
title_full The state of art, opportunities and challenges of blockchain in the insurance industry: a systematic literature review
title_fullStr The state of art, opportunities and challenges of blockchain in the insurance industry: a systematic literature review
title_full_unstemmed The state of art, opportunities and challenges of blockchain in the insurance industry: a systematic literature review
title_short The state of art, opportunities and challenges of blockchain in the insurance industry: a systematic literature review
title_sort state of art, opportunities and challenges of blockchain in the insurance industry: a systematic literature review
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9942649/
http://dx.doi.org/10.1007/s11301-023-00328-6
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