Why VeriDoc DocuSign?

Data is sensitive and crucial, and VeriDoc Ledger can significantly change how your critical information is viewed. By creating a record that can’t be altered and is encrypted, VeriDoc Ledger prevents all fraud and unauthorized activity in your documents. Information is stored across a network of computers rather than a single server, making it impossible for hackers to access the data.

VeriDoc Ledger has no one, central point of attack. The fact that VeriDoc Ledger is a decentralised way of storing and accessing data makes the whole system incredibly secure – because, unlike a centralised databases, there’s no one single point of entry for hackers. This makes it particularly useful for recording data in a secure manner that you can trust.

Because VeriDoc Ledger is decentralised and replicated in its entirety in multiple places, there’s no need for a central administrator and all the costs and infrastructure that comes with it. This allows users of the technology to achieve their objectives in a more efficient manner therefore saving budget along the way.

VeriDoc Ledger creates an audit trail, that documents the recording, of all events in any document, until the document is completed. In society today we are concerned about counterfeiting and fraud — this audit trial provides the proof we can trust. With VeriDoc Ledger, it is possible to share the trusted data directly with all users, so the journey of the document can be shown. You get a history of activity, not just a snapshot in time. When you look at a regular database, you’re getting a snapshot of data that’s up to date in that moment in time that is more than likely changeable. VeriDoc Ledger also maintains a record of all the information that exists, but it is immutable. It’s a database with history, you can trust.

VeriDoc Ledger uses technology that records data ( unique hash values ) identically in multiple locations – this is a decentralised network. When any VeriDoc Ledger user can access the ledger at any time, and see the same information as any other user at the same time – this creates an environment of full transparency to all VeriDoc Ledger users. All records are immutability recorded, and are time and date stamped. This allows all users to view the entire history of records and eliminates any opportunity for fraud.