Japan's Mitsui Sumitomo Marine Fire Insurance and other three companies will cooperate in the application of blockchain development services related to attendance management and insurance.

On July 22, Mitsui Sumitomo Marine Fire Insurance Co., Ltd., Xcat, and Scalar announced that they will use blockchain technology to develop services that link attendance management and insurance. The service will correctly handle the side-time and part-time labor hours and respond to labor disaster insurance, which is scheduled to be announced during the year.