Infineo has issued a $9 million policy on the Provenance blockchain

ChainCatcher news, according to CoinDesk, the blockchain-based life insurance company Infineo announced that it has issued tokenized policies worth $9 million on the Provenance blockchain, which were tokenized by Provenance Blockchain Labs, the ecosystem development organization behind the Provenance network.

Imineo stated that it is also developing a secondary market for tokenized policies to enable peer-to-peer trading and new products supported by tokenized life insurance.