Which blockchain is used in the process?

16 Mar 2024

VeriDoc Sign

VeriDoc Sign’s electronic signature app uses VeriDoc Ledger, our very own blockchain designed with governments and enterprises in mind. VeriDoc Ledger is a fork of the Ethereum blockchain, enabling the ledger to inherit seven years’ worth of blockchain development and smart contracts capability. The credibility and track record of the second largest blockchain in the world, influenced the company’s decision to use Ethereum as the foundation for their technology.

Blockchain is completely transparent. Once you make a transaction in the blockchain, it cannot be changed or tampered with. And the transactions are encrypted using cryptography. The transactions are transparent. Thus, it proved to be the perfect solution for the trust issues. Blockchain helps you share data within an ecosystem of businesses. So, there is no single entity. This way, you can make a deal or share data without having to worry about it getting leaked. Blockchain establishes trust between individuals, even when it is non-existent. So, now you do not have to share data anymore. The transaction is transparent. When you get an electronic signature, you can easily verify it using a blockchain-based esignature solution.

You can verify a signature using VeriDoc Sign without worrying about it being photoshopped. VeriDoc Sign is the world's first blockchain-secured electronic signature solution that uses VeriDoc Global's patented verification technology. Thus, the transactions are secured, document transparency is intact, and you need not worry about authenticity anymore.