Blockchain
Signd® Launches as Next-generation Multilingual, Trusted E-Signature App for Emerging Markets
Signd launches in India as the world’s first cloud software; blending CRM Contacts, Multilingual Digital Signing and embedded Web/Video Conferencing, all offered under one seamless cloud. The deal signing, the video recording evidence and signed documents are all stored under a tamper proof blockchain that can be retrieved on demand.
E-signatures relatively new in India and emerging markets, are expected to gain rapid adoption with COVID-19 and beyond. Legacy e-signs today are standalone, do not support local languages, operate the same way using email sends and rapid signer clicks with mild attention to details. This can create higher chances of both compliance and understanding issues for customers, especially for high value transactions.
With COVID-19 and ensuing remoteness, there is a parallel demand for multilingual signing, faster and trusted business collaborations to accelerate commerce. Lastly the human touch with face to face deal making and handshakes are lost during COVID-19, that needs to be restored now with a remote web conferencing.
Signd offers SOC 2 compliant global digital signatures on Desktop and Mobile. It will also support Govt of India issued e-Mudhra® certification for Income Tax, MCA (ROC), Tenders, Foreign Trade, Banking, Railways etc. under the Information Technology Act; well as a rich API solution to scale any commerce for accelerating trusted transactions.
The trusted records are archived and retrieved anytime by participants along with a detailed audit trail. Signing Participants can be authenticated using multi factor authentication to prevent identity thefts. The digital signatures are applied to the entire document and video signing ceremony combined. Hence neither can be tampered after signing; thus, creating a long term trusted enterprise repository of documents, participants and signing. Today these processes are run as individual business process silos.
Signd offers a wide array of branded benefits like multi domain, multi-party, multiple doc signing using simple to complex workflows, in person signing, user created templates, native forms creation, advanced authentication, smart contracts embedding payment gateways like Stripe®, PayU® – for converging signing and payment collections.
First release of Signd is planned with integration to Zoom® as well as using newly developed embedded web conferencing with end to end encryption, to create trusted document and video signing evidence. Future versions should add other commercial web conference vendors. Signd has CRM Integration built today with Salesforce® , Zoho® with upcoming roadmap to Freshworks® ; ERP platforms like SAP®, Xero® and Tally®.
Signd currently supports English, Hindi with expansion list to add other languages like Gujarati, Marathi and Tamil. Upcoming versions are expected to support remote online notarization and Digital Stamping.
Signd fills in a huge void in global emerging markets including India, where demand for online collaboration is sky high due to COVID-19 and no cost effective multilingual solutions exists today that can support global and local commerce with all elements of contacts, digital signing and web conferencing all in one. Signd supports leading Digital Signing Certificate Authorities outside India enabling Indian enterprises to use it globally, unlike other local grown apps that can only operate in India.
Signd intends to offer this new technology to other emerging markets in compliance with regional Information Technology Acts regulating Digital Signing.
“We all live amidst uncertainty and chaos with the new pandemic using old mechanical legacy e-signs,” said Subrao Shenoy, CEO/MD of TrSoft Technologies Pvt Ltd. “Signd offers business convergence with human touch by adding face-to-face trusted deal making that we lost during COVID-19. Enterprises in India can now incorporate high client video touch for deal signing, compliance and trust within India and abroad.”
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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