Data security provider ZorroSign joined forces with decentralized blockchain platform Provenance Blockchain on Thursday with an objective of integrating ZorroSign users to store digital documents, including signature, signers and transaction metadata on Provenance Blockchain.
The decentralized blockchain firm said users can verify immutability of data related to signature, signers and transaction metadata on blockchain via digital certificates with audit trails.
Blockchain is a growing list of records called blocks which are interconnected by utilizing cryptography. Public blockchains like Provenance Blockchain is said to provide various services like decentralization, which denotes improving data’s resistance to hacking and data breaches and transparency, meaning to improve audits as well as tracking of data.
Provenance Blockchain also provides services like cryptography, which intends to protect data from being accessed or altered without permission.
UK-based Provenance Blockchain is modernizing financial technology services provider, involving in blockchain centered platform. Founded in 2018 the firm allow users to trade asset across various markets, and it has over $8 billion total value locked (TVL) stored on blockchain.
Phoenix-based ZorroSign is a digital signature and digital transaction management platform founded in 2015.
Shamsh Hadi, chief executive of ZorroSign said, “Originally built on the private Hyperledger Fabric blockchain architecture, our platform is now operating as a cross-chain data security solution.”
Hadi added, “We are proud to bring the cryptographic security and resilience of blockchain technology to our global users across fintech, government, healthcare, law, real estate, and so many other verticals.”
