Blockchain Use Cases: DocuSign
Blockchain Use Cases: IBM Food Trust
Oktober 16, 2018
Blockchain Use Cases: Plastic Bank
November 8, 2018
Name & author:
DocuSign and Blockchain
- by DocuSign Inc. (& VISA)
- by DocuSign Inc. (& VISA)
Stage of completion:
in Beta?
Description:
Connect your System of Agreement to blockchain technology -
It allows evidence of a DocuSigned agreement to be automatically written to Ethereum. For customers who want evidence of agreements to exist in a neutral environment, not owned by any particular entity, this solution is ideal. Anyone with a copy of the agreement can check it against the blockchain-stored evidence to verify the copy’s integrity against the original DocuSigned file. For privacy and security, the evidence is a one-way cryptographic hash (like a digital fingerprint) of the original. The content of the original is never written to the blockchain or exposed publicly...
It allows evidence of a DocuSigned agreement to be automatically written to Ethereum. For customers who want evidence of agreements to exist in a neutral environment, not owned by any particular entity, this solution is ideal. Anyone with a copy of the agreement can check it against the blockchain-stored evidence to verify the copy’s integrity against the original DocuSigned file. For privacy and security, the evidence is a one-way cryptographic hash (like a digital fingerprint) of the original. The content of the original is never written to the blockchain or exposed publicly...
Classification:
evolution / opportunity
DocuSign as a commercial solution exists for quite a while, now they record a hash on the ethereum blockchain - wow...
DocuSign as a commercial solution exists for quite a while, now they record a hash on the ethereum blockchain - wow...
Why I DO NOT like it
To me, this is mostly another enterprise trying to ride the crypto hype - paired with bad marketing.
I find the video demo so unimaginative - and it leaves out cumbersome steps like entering your credit card details, shows an "ecosystem" with dummy entries - and which car already has a blockchain ID?
Personally, I do not see much benefits anyway.
You are still trusting the other party of the contract, plus the car manufacturer/system, plus VISA for payments. Maybe that is why there is scarce information on availability, tech parameters etc.?
Maybe these small steps from our systems today is necessary for adoption, or rather for enterprises to come to terms with blockchain technology, and for that, I included this use case here.
But I myself much rather think about fleets of autonomous driving car-sharing vehicles that identify me by fingerprint or something...
I find the video demo so unimaginative - and it leaves out cumbersome steps like entering your credit card details, shows an "ecosystem" with dummy entries - and which car already has a blockchain ID?
Personally, I do not see much benefits anyway.
You are still trusting the other party of the contract, plus the car manufacturer/system, plus VISA for payments. Maybe that is why there is scarce information on availability, tech parameters etc.?
Maybe these small steps from our systems today is necessary for adoption, or rather for enterprises to come to terms with blockchain technology, and for that, I included this use case here.
But I myself much rather think about fleets of autonomous driving car-sharing vehicles that identify me by fingerprint or something...
