Hazmat Data Sharing
Hazmat Data Sharing
WHAT’S THE PROBLEM?
There is currently no cohesive method for sharing location-based hazardous materials data between various stakeholders such as property owners, municipalities, firefighters, and insurance companies.
Insurance companies lose money from claims made as a result of injury or loss of life. Property owners pay higher rates as a result of these claims.
Hazmat Data Sharing
USE CASE FLOW


1) A property owner stores information about hazardous materials residing at their property with a data repository provider.
2) The property owner registers their hazmat data repository on the hazmat data blockchain.
3) The insurance company checks the hazmat data blockchain for a listing about a specific property.
4) The insurance company requests access to a hazmat data repository based on a listing in the hazmat data blockchain.
5) Once hazmat data is confirmed the insurance company provides a discount to the property owner.
WHY CHOOSE VERES

CONVENIENT
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- Property owner can easily move their data
- Emergency responders get the data they need when they need it
- Veres is built on open W3C standards, no vendor lock in

SAFE & SECURE
- Digital Credentials are not easily forged
- Data in a blockchain database can’t be altered
- Privacy protecting, no sensitive information is stored on the blockchain

CONFIGURABLE
- Can restrict access to digital resources in an automated way
- Can message those with specific credentials or training within a defined radius
BENEFITS OF BLOCKCHAIN
-Resilient to attacks
-Tamper-proof and auditable
-Lower maintenance
-Can be accessed offline
BENEFITS OF VERES LEDGER
-Optimized for each use case
-Configurable consensus authorization
-Public/Private access
-Flexible data storage