VRS Crowdsale
Participate in the SaleThe Problem
Traditional, centralized systems are slow, redundant, and expensive
Providers and payers employ their own staff and separate software stacks to facilitate their medical claims processes. These isolated systems make the sharing of basic information difficult, costly, and prone to errors & fraud.
The Solution
Distribruted information systems increase efficiency and lower costs
Creating decentralized databases enables all parties to securely access and share data within and across organizations, eliminating the need to hire and maintain expensive third-party information systems.
The Veris platform is built using smart contracts and blockchain tech
Blockchain technology has many advantages over the information systems currently in place. The addition of conditional executables known as smart contracts makes an even stronger case for why Veris’s solution will save time and money, especially in the longer term.
Distributed Reliability
The database is replicated on a large network of servers to ensure the network does not have a central point of failure.
Immutable Records
Using a distributed ledger safeguards transactions and patient histories from being altered or deleted.
Strong Governance
Governance of the chain is directed by a separate non-profit entity, and upgrades are voted on by users of the platform.
Data Transparency
Changes to the Veris blockchain are always 100% publicly viewable by all parties to ensure secure movement of information.
Multi-Level Encryption
All data is secured by standard blockchain encryption. Patient data is additionally secured via encryption of a smart contract.
Disintermediated
No central agent is required to approve transactions which allows for strength in automated document processing.
