Data can only move as fast as the tool that is powering it. This week, an announcement from Deloitte and Ava Labs looks to streamline federal emergency funding applications. Deloitte will be leveraging the Avalanche blockchain “to help state and local governments easily demonstrate their eligibility for federal emergency funding.” A Much Needed Solution For Deloitte Deloitte is known as one of the “big four” accounting firms, working closely with some of the biggest companies, government agencies, and more throughout the US. Deloitte currently works with the Federal Emergency Management Agency (commonly known as FEMA) to execute disaster reimbursement applications for state and local government agencies. They do this through a tool called Close As You Go (or CAYG). The CAYG platform is a cloud-based solution from Deloitte that aims to provide government partners with a “decentralized, transparent and cost-efficient system.” The Avalanche blockchain will add streamlined speed, efficiency and authentification to the CAYG system. Deloitte cited the blockchain’s eco-friendly advantages as a main criteria that led to the selection of Avalanche for this alliance. Ava Labs will assist the CAYG system in core competencies that include streamlining recovery efforts, simplifying document retention, reducing administrative costs, mitigating risk and building resiliency. These are desperately need...
