ShoCard Releases an Identity-Proof Blockchain-Powered Document Signing Service
The need for a more reliable, fool-proof and trustworthy digital document signing tool may have been finally solved, thanks to ShoCard. This Blockchain-backed mobile digital identity authentication platform has just released a digital document identification service.
Previously, attaching a person’s signature to his/her profile digitally was a challenge. But following this latest development, uniting a person’s Blockchain-certified identity to the document will be a simple procedure. The method developed by ShoCard will offer a fool-proof way of attaching a signature to a text, a notary-equivalent for this age.
The Essence Of Digitally Signing Documents Via Blockchain Couldn’t Have Arrived At A Better Time
The need for this service has been growing with each day passing owing to how ubiquitous the internet has become. Today, documents are better stored electronically and rightly so when they have a signature that certifies their validity.
And because over 75 countries across the world now legally accept the validity of e-signatures, the services to be offered by ShoCard will go a long way in serving the growing revolution. Basically, the fact that this service will be decentralized and fool-proof and thus impossible to alter or forge is a huge plus.
The service has a cryptographic proof that enables it to offer a sure trail of evidence automatically. And someone with a Blockchain-certified identity online will only need to attach their identity to the document and thus sign it digitally.
The Way ShoCard Is Different From That Of The Others
It is essential to mention that this digital document identification service by ShoCard is unique and a lot different from the regular Blockchain-backed digital document signing services. First, it doesn’t leverage the hash of a digital document nor uses a private key to sign a document. The reason why it isn’t designed that way is, in this conventional way, one will have to present the original paper and show how it existed before getting signed digitally.
Ideally, ShoCard doesn’t have to create a link between the Blockchain signature appended and the individual. And this fulfils the service’s purpose of being a true identity platform that could identify a person in a different, but more reliable way.
Another great feature of ShoCard is how it makes use of the ordinary KYC (Know Your Customer) procedure to identify and verify a person’s identity. It only needs an individual’s government-issued ID as well as the necessary biometric data to tie the data to a special pass (private key) to the service via one’s personal device.
The right appointed authorities must certify the KYC details as convincing proof of someone’s identity before they are stored on the Blockchain. And once they are kept, it becomes easy to generate a trustworthy digital signature to be plastered on the document and still be verified without asking intermediaries to confirm the same. The entire procedure is a lot like the more reliable notary-equivalent as it helps ease the signing of a digital document.
Available Via Android As iOS Users Wait
According to the platform’s founder and CEO, Armin Ebrahimi, the digital document signing services they offer are slowly becoming part of our everyday lives. He says that the acceptance that Blockchain is receiving, especially on data storage, security and transfer will be responsible for digital document signing services being a norm.
ShoCard being a mobile-oriented Blockchain-based digital identity platform has made the service available via an Android app. However, this Document-Signing service isn’t available on iOS yet, though it should be out soon.