FEMA to Consider Use of BlockChain To Speed Up Disaster Insurance Payouts

2019-11-19 22:58

The US Federal Emergency Management Agency (FEMA) should explore blockchain based solutions to smoothen disaster insurance payments, says its National Advisory Council (NAC). In its draft November report that was released on Monday, NAC advised the FEMA Administrator to explore blockchain technology to smoothen and enhance the speed of insurance premium payouts to disaster victims. […]

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