MetLife has been named in Forbes’ inaugural Blockchain 50 List, the first-ever ranking of the top 50 organizations that are leading the pack in regard to adapting decentralized ledgers to their business.
MetLife was recognised for its Vitana experiment, which was launched in Singapore last August by LumenLab, MetLife’s Asia innovation center. Vitana is the world’s first, automated insurance solution using blockchain technology to offer pregnant women financial protection in case of gestational diabetes– a condition affecting up to one in five expectant mothers in Singapore, said a press release.
Globally, MetLife is committed to bring innovative solutions for customers, and build new products and services to help people achieve more fulfilling lives.
In addition to Singapore, MetLife has also established a robust innovation program in Bangladesh. MetLife Bangladesh has recently launched a project titled “Misir Guru” to help educate and raise awareness of insurance among the people of Bangladesh.