Service: My pension rights transfer

Responsible organisation: Dutch Blockchain Coalition (Non-governmental)

The Mijnwaardeoverdacht.nl platform (My pension rights transfer) is the first blockchain application internationally in the pensions domain. The prototype was developed jointly with several large pension providers and a team of platform developers at APG, under the name Hyfen. You can use this platform to transfer pensions rights much more quickly and simply – and safely. This application searches for pensions for you and immediately gives you the option of looking at a proposal for transferring the value. All the main elements are covered in the proposal, letting you make a proper comparison between the two pensions arrangements. The platform has been developed with a modular structure that allows the administrative systems of pensions sector parties to be connected together. After a technology assessment was carried out, a combination of proven technology (such as databases and cloud infrastructure) combined with distributed ledger technology (DLT) was chosen for implementing the pension rights transfer platform. DLT is essentially a kind of records system that the information can be stored in. In this case, DLT is only part of the overall solution and is used specifically where it can add value, namely in creating a shared understanding for the parties.

Additional information

Source Open Innovation Regione Lombardia
Web site https://dutchblockchaincoalition.org/en/use-cases-2/onderwijs-certificaten-en-diplomas-4
Start/end date 2021 -
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