Deloitte has partnered with blockchain firm Ava Labs to offer a decentralized cloud-based platform intended to help gather, process and authenticate state and local governments’ applications for federal emergency funding.
The new Close As You Go platform will use blockchain technology to store the documents and records the Federal Emergency Management System needed to distribute disaster reimbursement money, Deloitte said Tuesday.
By relying on decentralized tech, CAYG works to provide transparency. It is aimed at speeding up reimbursement and minimizing fraud, abuse and waste throughout the application process.
“Close As You Go features a user-friendly interface backed by the cutting edge of blockchains, helping state and local governments focus on their recovery, rather than extensive claims processes,” commented John Wu, president of Ava Labs.
Alex Haseley, government and public services crisis management portfolio leader at Deloitte, said the platform is designed to assist government officials in quickly responding to a disaster without worrying about potential adverse audit findings in the future.