An advisory council to the US Treasury Department focused on the insurance market will discuss blockchain tech at a meeting later this week.
Set for tomorrow afternoon in Washington, DC, the Federal Advisory Committee on Insurance (FACI) will discuss a range of issues, according to publicly available materials, including the use of the tech in the US insurance market.
The government said of the hearing:
of the advisory council include representatives from a number of state insurance regulators in the US as well as private enterprises, including USAA, which began offering an integration with Coinbase to its user base in late 2015.
The meeting comes as insurers worldwide have moved to explore products and services utilizing the tech.
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