Blockchain
Vaultie Launches Verifiable Digital-ID Based Notary Seal on Blockchain
Toronto, Ontario–(Newsfile Corp. – March 9, 2021) – Vaultie launches a first of its kind verifiable digital-ID based notary and Commissioner of Oaths seal. This new product, in conjunction with major upgrades to its already popular digital ID and blockchain based digital signature product, helps lawyers reduce instances of fraud and aligns compliance obligations with financial institutions and other verifiers.
Using Vaultie’s digital seal, notaries and commissioners are verified, as are the government ID and biometrics of the client signing the document. This means that anyone who may need to validate the authenticity of a document can check by simply scanning the document with their phone. Vaultie encrypts the documents between signing parties so no one can read the documents without explicit permission. In addition, all references are written to a blockchain which means the documents can never be altered, and always verified to the specific moment in time that they were signed.
Vaultie is rolling out notary and commissioner seals for Ontario lawyers currently, with intent to expand nationwide shortly.
“With more and more people doing business with people they may have only met online, our customers have needed a way to authenticate that the people they are working with are honest and true, both for compliance and their own feelings of assurance. Verifying every step of the process reduces both fraud and gives peace of mind to everyone involved,” said Meyer Mechanic, Co-Founder and CEO of Vaultie.
Vaultie has greater plans for the use of it’s seal product, as it’s the same technology that could allow for digital driver’s licenses, health cards, passports and compliance on cryptocurrency transactions.
“We think legal technology is an important place to start with digital ID and blockchain technology because the high standard of proof that affiliate parties need when checking documents necessitate alignment,” said Mechanic. “Aligning ID verification between legal services, financial institutions and even governments would alleviate billions of dollars in friction and an immeasurable amount of time devoted to just verifying that the document’s authentic.”
For all media inquiries, please contact: [email protected].
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About Vaultie
Vaultie is a digital identity company that is passionate about protecting people’s privacy and safeguarding their documents. We do this by building secure, easy-to-use software based on verifiable credentials, blockchain, and ethical facial recognition.
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Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.
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