Tuesday, September 19, 2017

Senmer News Wire: ADSVP technology can replaces notary public

senmer news wire

ADSVP is a startup that wants to replace a notary with a blockchain, Provide legally binding evidence for all your sensitive documents. Blockchain can prove the existence, integrity and ownership of any document. ADSVP is a distributed database that can be documented for files.

Blockchain can prove any file. Integrate blockchain into your product by the API. ADSVP technology can generate immutable, accurate proof of its existence and integrity for any document.

ADSVP technology is a good way to protect intellectual property, to prove the validity of a will, oath, contract, communications in a family dispute, etc. The advantage of blockchain is that you don’t have to go to the notary public with paper files and save a lot of time.

ADSVP data generation application that have not a centralized database that can be hacked. Legal certificates are stored on blockchains, and anyone can retrieve them. This is the difference between blockchain and other e-notary services.

The legal value of blockchain, since the concept of blockchain is still new, no one has yet used it in court. But once someone uses it, the judge must accept it.

It is very easy to use blockchain, which has much more advantages than traditional notarization.

The advantage of blockchain technology is to reduce fraud, reduce cost and improve efficiency. The wide application of blockchain technology will surely accelerate the arrival of “digital credit society”, to guide the change of government administration and social credibility.

The blockchain is used for public donation, and each sum will be recorded on the block chain and there is no room for fraud. If it is used for anti-counterfeiting, every product can be traced back to the source and relevant transactions are recorded, thus eliminating the space for counterfeiting and safeguarding the market justice. If it is used for compensation by the company,there will be no labor dispute.

ADSVP effectively promotes block chain technology and application development. It forms a global competitive block chain industry. From the perspective of security analysis, ADSVP is a multi-faceted security exploration, including encryption technology, key storage, privacy protection, technology implementation, etc. It improve the overall security of blockchain. ADSVP speeds up research on core technologies, including consensus mechanisms, programmable contracts, distributed storage, digital signatures, etc. It will build a fully self-controlled blockchain platform that is more in line with national security requirements.

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Source: ADSVP technology can replaces notary public

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