In a press release on Sept. 26, Marsh has confirmed its partnership extension with IBM as part of its proof-of-insurance blockchain solution. It is a global professional services firm which deals with insurance broking and risk management.

Earlier in April, Marsh had collaborated with IBM to develop its distributed ledger service. But the motive behind the extension is to use Salesforce. It will use IBM’s links with the Customer Relationship Management giant.

This will enable Marsh clients to easily access the proof-of-insurance blockchain solution through the Salesforce Platform thereby increasing the client trust and value of the company.

On this, IBM Industries General Manager, Sandip Patel has also expressed his happiness. He further cited on the present scenarios that need Marsh to focus on efficiency. He opined Blockchain as the next-gen technology that provides better security, transparency that drives towards an increased trust for any business associated with it. The technology also enables the legacy manual process to run smoothly and efficiently.

Salesforce also intends to include blockchain and cryptocurrency by the end of September for the better management of the company. This idea has also been publicly aired at the ongoing Dreamforce 2018 Conference of Salesforce in San Francisco. This has led a platform for many companies to try out Blockchain Technology for providing better value-added services to their consumers as well.