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Río Uruguay Seguros (Argentina) implements a virtual wallet for intermediaries and its own cryptocurrency

Argentinian ICMIF member Río Uruguay Seguros (RUS) is the first insurance company in South America to implement a virtual wallet with its own cryptocurrency based on Blockchain. Under the name RUS Coin, RUS will use this new cryptocurrency to reward insurance intermediaries for their digitisation actions and diversified insurance sales. The intermediaries are now able to exchange that balance for products and benefits in the RUS Store.