Signing documents safely and securely is extremely important. An esignature creates a legally binding relationship between all signing parties that protects everyone involved. If the e-document is not completely secure, however, it may be at risk of being altered by one or more signing parties at any time during the process.
Here at FilesDNA, we use Ethereum blockchain, the same technology that protects cryptocurrency, to encrypt the hash value for each e-document so users can verify the integrity of each signature.
With this technology, users can verify that:
The contract looks legalized and all parties have signed
They are looking at the latest reviewed version
The document has not been altered after e-signing
The document is the same (or different) as the previously viewed versionLet’s take a look at the traditional e-signature process and discuss why using blockchain for e-signing documents is more secure.
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