ZorroSign announces integration with Provenance Blockchain
ZorroSign, a data security solutions company built on the blockchain, has announced an “advanced integration” with Provenance Blockchain.
Provenance Blockchain is a decentralised blockchain built for the financial services sector. Founded in 2018, it already boasts over US$8bn in real-world financial asset total value locked (TVL) stored on the blockchain.
The partnership will see ZorroSign users store digital document information on Provenance’s blockchain – including signers, signatures and transactional metadata – so that they can verify the immutability of that data using blockchain technology.
In a statement, the two companies emphasise the benefits that can be derived from using public blockchains – including decentralisation, which improves data’s resistance to hacking and data breaches; transparency, which improves audits and data tracking; and cryptography, which protects data from being accessed or altered without permission.
Bringing ‘resilience of blockchain’ to financial markets
“We are thrilled to offer the security and transparency of the Provenance Blockchain to ZorroSign users,” says Shamsh Hadi, CEO and Co-Founder of ZorroSign. “Originally built on the private Hyperledger Fabric blockchain architecture, our platform is now operating as a cross-chain data security solution.
“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.”
Dan Garzia, Provenance Blockchain Foundation Chief Marketing Officer, adds: “ZorroSign is the global leading blockchain-enabled platform uniting digital signatures, identity-as-a-service, contract lifecycle management (CLM), privacy compliance, patented fraud prevention, user authentication, and document validation to efficiently address the challenges of electronic document security for financial institutions, fintechs, government organisations, and individuals. The collaboration with ZorroSign aligns strategically with our mission to modernise financial services.”
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