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Podcast on How Digital Signature in Blockchain Technology Replace the Current E-signature Market
Here is the today Podcast on How Digital Signature in Blockchain Technology Replace the Current E-signature Market.
Q. Why Blockchain is used in Digital Signature?
Ans Blockchain produces a hash of the data. Hash can be termed as the numerical codes used to identify pieces of information. These hash codes can be verified with the present hash number in another document. If the codes match each other, it indicates that the document is an identical one, and you can proceed transaction securely. The hash code is uniquely assigned with every piece of information.
Once the hash code is generated, it sends the data and the digital signature to the assigned person.
When the receiver receives the information and the signature, the receiver enters the sender’s public key, and the digital signature is sent into the algorithm. This process creates the hash number code.
And as explained above, to check the document’s validity, the receiver checks the hash code of the original document and matches it with their hash code. If both hash number codes are the same, then it is a valid signature; otherwise, it is considered a fake or invalid signature.
Do you want to try giving it a go? You can try generating your digital signature with FilesDNA.com
To get more informational on this topic visit to: https://www.filesdna.com/how-digital-signature-blockchain-technology-replace-the-current-e-signature-market/
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By FilesDNAHere is the today Podcast on How Digital Signature in Blockchain Technology Replace the Current E-signature Market.
Q. Why Blockchain is used in Digital Signature?
Ans Blockchain produces a hash of the data. Hash can be termed as the numerical codes used to identify pieces of information. These hash codes can be verified with the present hash number in another document. If the codes match each other, it indicates that the document is an identical one, and you can proceed transaction securely. The hash code is uniquely assigned with every piece of information.
Once the hash code is generated, it sends the data and the digital signature to the assigned person.
When the receiver receives the information and the signature, the receiver enters the sender’s public key, and the digital signature is sent into the algorithm. This process creates the hash number code.
And as explained above, to check the document’s validity, the receiver checks the hash code of the original document and matches it with their hash code. If both hash number codes are the same, then it is a valid signature; otherwise, it is considered a fake or invalid signature.
Do you want to try giving it a go? You can try generating your digital signature with FilesDNA.com
To get more informational on this topic visit to: https://www.filesdna.com/how-digital-signature-blockchain-technology-replace-the-current-e-signature-market/