Blockchain is an emerging technology that has taken the e-Signature industry by storm. The purpose of Blockchain data is to disable any kind of modification and secure the data as it was sent.
The intricacies of this highly scalable and secure technology might be hard to grasp but the growing acceptance and its pervasiveness is not hidden by anyone.
Cygnature is a Blockchain-based solution allowing users to digitally sign confidential documents with the Blockchain technology. This technology is known for high security and safeguards each document signed letting them be unique and unforced.
Documents stored on Blockchain which is built on dependability, transparency, honesty and trust. Once the document is uploaded and signed the system ensures to save a copy of each, documents with and without the sign. It offers high level of security where no tampering can be done with the documents.
With Blockchain businesses can make smart contracts that can be signed from anywhere across the globe. There is no delay in the execution and updating of the contracts. Signatures can be arranged in order and only once its signed in order the others will be able to sign.
Blockchain makes it easy to trace and track the documents sent for signatures. You can easily track who has signed it and whose signature is pending to complete the documentation process.
Blockchain is known for the high-level security it provides to all its users and the solutions that are built on it. It will not allow any kind of tampering to be done and keeps a record of every activity done with a single document. Every single step is recorded with Blockchain.
Cygnature keeps full track of the entire signing process live, based on multiple parameters such as the device ID, IP address, browser used, geo tags, latitude and longitude along with timestamp. With all this information, it stores the document hash, transaction hash & document ID that cannot be hacked. Once the entire process is complete a certificate of signing is provided as the proof of signing the document.
