BloxSys will provide all participants on the ILS settlement blockchain support in setting up their own node on the blockchain.
The blockchain is open source, built on bitcoin core, and the source code can be verified by participants. The rest of the software stack is made of open source components with a web user interface. All code can be reviewed if required.
Nodes can be created on internal servers or remote servers; the choice is for the client.
Once the node is up and running the responsibility for ongoing maintenance falls with the participant and their IT department.