5 UAE based Islamic insurance companies to use blockchain

Addenda, a blockchain-based InsurTech firm that based in UAE based expanded with five new Islamic insurance companies to use blockchain on its platform. Addend has expanded its portfolio of customers by adding five other insurance firms. Addenda operates a platform that enables insurers to deal with claims and insurance procedures through blockchain. Addenda, the blockchain-based startup has expanded with the inclusion of Dubai based Aman insurance, Abu Dhabi based Al Wathba Insurance, Abu Dhabi based Watania, Dubai based Noor Takaful and New Delhi based Oriental Insurance Company. The blockchain-based startup was established by Karim Davis Dib and Co-founder Walid Daniel