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04/26
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The Virgin Islands has its own plans on cryptocurrency The Virgin Islands has its own plans on cryptocurrency

The recently signed agreement is the approval of this statement. The British Nationality Islands protectorate has announced a collaboration with LifeLabs.

This is a startup built on Ethereum blockchain. It develops a multi-currency wallet. According to officials, in case of unforeseen circumstances, blockchain technology will help officials to better deal with emergency situations.

ATBCoin Team Opinion

The government has set itself an ambitious task — to simplify the financing of all the British Virgin Islands and the transfer of funds between different land sites.

In case of any natural disaster, when traditional payment channels will not work, the presence of a LIFEWallet will help to ensure the provision of state aid to the Islanders. Well, this is a great undertaking!