FREE WHITE PAPER: BLOCKCHAIN FOR DATA INTEGRITY
Download the Blockchains for Data Integrity white paper to learn how solutions like Cryptowerk’s Data Integrity solutions are empowering organizations to take advantage of this digital notarization in their digital transformation efforts, even in high-volume situations, streamlining processes and reducing risk.
“Altered data can cause massive project delays and even international upheaval.”
Blockchain for Data Integrity Use Cases
Since blockchains offer a robust, tamper-proof platform for verifying, communicating and conducting transactions, there are a variety of use cases where blockchains and other distributed ledgers can be of assistance in uncovering issues with data integrity, including:
- Detecting the Fabrication and Manipulation of Documents: by fingerprinting the original documents and putting them into a blockchain, anyone can later test that the document has remained unaltered by verifying it against the blockchain fingerprint. A brand can easily prove the original document and restore consumer confidence.
- Field Reporting and Data Collection: Another huge opportunity for data integrity fraud happens between the point of data collection or creation and the point at which that data is posted or published to the “official” log.
- Credential Verification: Many business processes require original documents to be provided for verification purposes before any further processing can occur. Using blockchain, organizations can create a digital proof that a digital asset (soft copy of birth certificate, University diploma, business contract or legal document) has been certified (signed) by an authorized organization or government institution and allow anyone to verify the authenticity of this particular digital asset without having to rely on a 3rd party or intermediary.
- Supply Chain Track and Trace: With blockchain-based systems, you can know when counterfeit or inferior items enter the supply chain by enhancing track and trace solutions with the ability to create twinned digital tokens for items and tracing transactions between all parties in the chain.