US Federal Housing Blockchain Network Provides Data and Process Foundation Enabling Each Agency to Efficiently, Effectively Achieve Its Mission.
Integrate participants onto a blockchain network, ensuring trust, transparency, and interoperability via shared information and data storage network leveraging emerging technologies.
Reduce the total number of transactions, data movement and exchanges reducing cost, reducing risk preparing system to support speed, security, flexibility, adaptability and transparency demands for future decades.
Address data and information latency between industry participant systems. Reducing information transmission delays, eliminating need for multiple reconciliation and verification steps. Enables fast, efficient, verified information sharing
Reduce redundant check steps and data stores common repository and shared process libraries enable all stakeholders ability to benefit from best practices without disruption nor added expense.