Florida starts a pilot project on the use of blockchain for medical payments

Florida starts a pilot project on the use of blockchain for medical payments

Florida Governor Ron DeSantis announced the $ 99 billion "Freedom First Budget" from the state for crypto innovation. DeSantis' budget includes a pilot program that will enable Medicaid payments in cryptocurrency, also using the technology for Health Administration Administration (AHCA) services.

Medicaid is a United States federal health program. America providing aid to low-wage individuals and families. Therefore, allowing payments through cryptocurrencies means favoring all those weak groups who do not have a strong income and who lately are therefore converting their savings into cryptocurrencies to protect it from rising inflation and also try to make it grow over time.

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The program also aims to integrate blockchain into the Florida Department of Highway Safety and Motor Vehicles (FLHSMV). On top of that, the proposal will also allow companies to pay city taxes in cryptocurrencies. Florida encourages cryptocurrency as a medium of commerce and promotes Florida's attractiveness for business and economic growth and is known as one of the most crypto-friendly states, with the mayors of Miami and Tampa recently volunteering to accept. the entire salary in Bitcoin.