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Bitcoin Daily: Chilean Gov’t Calls For More Regs On Crypto, FinTech; British Virgin Islands Partner With Blockchain Co

PYMNTS

In other news, the British Virgin Islands has announced a partnership with LIFElabs.io that will provide rapid access to funds in the event of an emergency. The partnership will also work to create an alternative digital currency payment method for financial transactions across the network of islands. The LIFElabs.io

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FEMA Looks At Blockchain To Aid Disaster Payouts

PYMNTS

The United States Federal Emergency Management Agency (FEMA) has revealed that it might look into using blockchain technology to streamline disaster insurance payouts, as well as speed up its response to disasters. Earlier this year, the British Virgin Islands partnered with blockchain firm LIFElabs.io

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Things worth reading: 24th July 2018

Chris Skinner

Things we’re reading today include … Bank of Asia launches digital global bank in British Virgin Islands Bank of England says payments system can serve blockchain users How deep will Deutsche Bank CEO Christian Sewing cut?

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British Virgin Islands, Lifelabs.io create crypto payments system for emergency aid

The Paypers

(The Paypers) The British Virgin Islands has partnered with blockchain company Lifelabs.io to launch an alternative crypto-enabled payments infrastructure.

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Blockchain Steers Toward Auto Supply Chain Transparency

PYMNTS

To that end, Volkswagen , the German car manufacturer, said this week it is launching a blockchain pilot aimed at tracking battery supply chains that wend their way from production to the carmaker’s own factories. Under the terms of the partnership, the BVI and the blockchain firm will provide Rapid Cash Response in case of emergencies.

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A Simple Guide To Medicare Advantage And Why It’s Taking Off Now

CB Insights

This works out to a $360B to $468B market in 2025, before accounting for growth in payments (rates have increased more than 3% in each of the last two years). get the 27-page blockchain in healthcare report. Download the entire report to learn how blockchain could solve some of the healthcare industry’s biggest problems.