Two Ferris State University College of Business programs are now nonprofit members of The Institute’s RiskStream Collaborative, a consortium developed by insurance industry partners. The consortium’s goal is to further the understanding and use of blockchain, an emergent data distribution technology.
Associate Professor of Management David Brown, Ferris’ Risk Management and Insurance program coordinator, said the Computer Information Technology program benefits from access to the collaborative’s resources.
“Students and faculty in both programs will now have opportunities to be involved in the earliest blockchain use cases for the insurance industry,” Brown said. “Conceptual elements of blockchain technologies and use cases were already available within our programs’ curricula. This is an incredible opportunity to observe and even help shape potential game-changing implementations of blockchain technology.”
Brown said RiskStream’s mission is to unlock the potential of blockchain across the insurance industry. Accelerating time to market and the adoption of real-world applications and impactful blockchain use cases are the methods. Ferris’ nonprofit collaborative membership is another instance of the university’s commitment to practical and powerful experiential learning. Students and faculty will be able to attend conferences, participate in working groups, engage in research and participate on the leading edge of insurance industry blockchain projects.
Ferris offers major, minor, and 12-credit programs in risk management and insurance within the College of Business at its main campus, in Big Rapids, and online. Additional program information is available online.