Blockchain? NO, we are not talking about Bitcoin! We are talking about security.
Our Smart Stamps with blockchain technology solution ensures data integrity. If you care about auditability and compliance, read on.
Companies now realize that blockchain is more than Bitcoin and other cryptocurrencies. A great example of this is using blockchain technology to secure documents and processes.
Why is blockchain not a mainstream solution for data integrity yet? What problems are companies facing?
- Not grasping how it can benefit their company
- Not understanding how it works
- Not knowing where it will fit with their existing software
- Worrying that it will take too long or be too expensive
- Not knowing where to start
Benefits of using Blockchain Technology to Secure Documents
Let’s start by addressing the benefits of securing documents and processes using blockchain technology. Companies know that their data needs to be:
This is data integrity. In the end, data integrity means trustworthy data. But where does blockchain come in?
Securing Documents and Maintaining Data Integrity using Smart Stamps with Blockchain Technology
The second question is how Smart Stamps with blockchain technology help in securing documents. The key thing to understand is that you can use blockchain to prove there was no document tampering.
If you are curious about the technical aspect of it, here is how Smart Stamps work: for each document you want to seal, the software creates a digital fingerprint of that document (called a hash). Then it picks up multiple hashes and hashes them again. The result is what we call a super hash. That super hash is what the software sends to the blockchain.
The fact that the blockchain is a distributed ledger means that whatever you store there cannot be tampered with. The fact that we are sending the super hash (and not the data) to the blockchain means you can use the blockchain power at a fraction of the cost. It also means you can write up to 1 million transactions per second, even on public blockchains. And in the end, what all that means is what really matters: you have trustworthy data.
You can do data verification at any time after the document is stamped. The check is done with a simple click. By using blockchain technology, there is a way to prove no one has tampered with the data, the documents and the processes.
Can I have a Solution Now?
The good news is that this is not theoretical research. You can implement Smart Stamp document sealing with blockchain technology right now, in a cost-effective way.
Watch a live demo of Smart Stamp Document Sealing with blockchain technology and the full webinar “Data Integrity Solution based on Blockchain Technology” presented by Connecting Software (Austria/US) and Cryptowerk (US).
This solution allows sealing documents in standard business programs on everybody’s desktop — no need to learn blockchain or any new software.
On the demo, you will see the solution working with Microsoft SharePoint. Nonetheless, you can seal documents with one click in any business system. Here are some examples: CRM (Microsoft Dynamics 365, Salesforce, SugarCRM), enterprise resource planning systems (SAP, Microsoft Dynamics 365 BC, FO), document management platforms (Microsoft SharePoint).
Users keep working with the software they are familiar with, and they can seal and verify documents with a simple click or automatically. Smart Stamp Document Sealing with Blockchain Technology ensures data compliance and trust to businesses. It is faster and more cost-effective than the certificates you might currently use and any other sealing technology.
You can integrate any system with any blockchain (public or private). Make no mistake: we leverage this technology for you, so you don’t need to learn about blockchain, hashes or distributed ledgers. This means lighter and faster projects and no risk.
What about Data Compliance?
There is a multitude of regulations to comply with these days: GDPR, CCPA, HIPPA, SOX, and New York’s SHIELD act are among the main ones.
For any of these, it is important that document under the control of the company. That’s why with Smart Stamp document sealing with blockchain technology, the documents do not leave the internal network. As no sensitive data is transferred outside of your internal network – only digital fingerprints – compliance is guaranteed.
Business Use Cases
The spectrum of cases to which you can apply Smart Stamps is broad. It all depends on what do you want to do:
- Accelerate your business data compliance
- Ensure full data auditability
- Prove the integrity and authenticity of documents and processes
- Prevent data tampering and fraud
All these can be achieved with Smart Stamp document sealing with blockchain technology.
What Areas Can Benefit from Using Smart Stamps?
There are several types of companies that can benefit from using Smart Stamps with blockchain technology:
- Companies with external or internal audits
- Government and public organizations
Smart Stamps are the ready-to-use solution for data integrity in your documents and processes. This solution is straightforward for the end-users as they don’t need to use any new application. It all works in their current business applications.
You can go live quickly and for a fraction of cost of other data integrity solutions.
Talk to our experts and find how you get exceptional ROI and powerful benefits for your company:
- Data integrity and, therefore, trust from your stakeholders