Deloitte’s blockchain solution to provide security of electronic document flow
Deloitte has developed a blockchain-based solution DocSensus to protect electronic documents against unauthorized adjustments, forgeries and losses. Unique product was presented at Kyiv-based event BlockchainUA.
DocSensus is a blockchain-based ledger of corporate documents. Software was developed by IT specialists of Deloitte for company’s legal department.
Dmitry Pavlenko, Deloitte representative, stated that the new blockchain solution will allow simplifying document flow processes and providing legal security. Now, every employee will be able to confirm the authenticity of paper documents using their details or a QR code of digital copies, which cannot be forged. Reliability is guaranteed by Emercoin.
Deloitte believes that blockchain will allow automating business transactions, protect documents from lawbreakers, help to avoid turning to intermediaries, and will eventually launch fundamental changes in public legal awareness.