Insurance startups have raised billions as industry players fight tech disruptors – TechCrunch

The once sleepy world of insurance has become the hot ticket for venture investors. Insurance technology companies have raised multiple billions of dollars in the past four years as venture capitalists finance industry disruptors and enabling technologies for established players to fend off new technology-based challengers. In the month since tech-enabled car insurance startup Root…

Austria will use Ethereum to track up to $1.3B in government bonds

There’s another major economy looking to raise funds with blockchain tech. Austria is auctioning $1.3 billion (€1.15B) worth of government bonds to be authenticated with the Ethereum ETH blockchain. The Oesterreichische Kontrollbank (OeKB) will auction a new set of government bonds next Tuesday. The OeKB is working with Austria’s Federal Government Finance Agency (OeBFA) to use the Ethereum blockchain to…