Blockchain First for Solidum Re

Thursday, 3. August 2017

Dom Re IC Limited, a Guernsey-domiciled ILS reinsurance transformer and incorporated cell of Solidum Re (Guernsey) ICC limited has, with its most recent placement, issued what it believes to be the first notes ever to have been digitised on a private blockchain that it has named the “ILSBlockchain”. Using this mechanism the ILSBlockchain has replaced the role of a traditional settlement system such as Euroclear or DTC for this note issue.