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Home page>PRESS RELEASE>Companies News>ZorroSign expands data s...
CYBERSECURITY


ZORROSIGN EXPANDS DATA SECURITY SOLUTIONS WITH PROVENANCE BLOCKCHAIN


Shamsh Hadi, CEO and co-founder of ZorroSign. Image Courtesy: ZorroSign

Latest integration delivers cross-chain functionality for greater privacy and
security


Press Release

October 12, 2023

CYBERSECURITY

> PHOTO
> Shamsh Hadi, CEO and co-founder of ZorroSign. Image Courtesy: ZorroSign

Dubai – ZorroSign, a global leader in data security solutions built on
multi-chain blockchain, today announced its advanced integration with Provenance
Blockchain, the leading decentralized blockchain purpose-built for financial
services with over $8 billion in real-world financial asset total value locked
(TVL). This crucial integration allows ZorroSign users to store digital document
information—including signers, signatures and transaction metadata—on the
Provenance Blockchain and verify the immutability of that data on the blockchain
via digital certificates with audit trails.

Public blockchains, like Provenance Blockchain, offer a number of benefits for
data privacy and data security, including decentralization (improving data’s
resistance to hacking and data breaches), transparency (improving audits and
tracking of data), and cryptography (which protects data from being accessed or
altered without permission). Healthcare providers, for example, can better
manage patient records and clinical trials data in a secure and
privacy-preserving way. Financial service providers can manage financial
transactions and customer data in a secure and compliant way. And government
agencies can manage land records, voting systems, and other important government
data in a secure and transparent way.

“We are thrilled to offer the security and transparency of the Provenance
Blockchain to ZorroSign users,” said 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.”





Purpose-built for the financial services and insurance industry, Provenance
Blockchain is routinely the blockchain of choice for tokenization. The platform
has played a key role in several financial services firsts, including the first
blockchain-native consumer loans, first asset-backed securitization on
blockchain, and the first bank-minted tokenized deposits in the United States.
Provenance Blockchain is leveraged by more than 70 leading financial
institutions including Apollo Global Management, Hamilton Lane, Guaranteed Rate,
and innovative fintechs.

“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 organizations, and
individuals,” said Dan Garzia, Provenance Blockchain Foundation Chief Marketing
Officer. “The collaboration with ZorroSign aligns strategically with our mission
to modernize financial services.”

ZorroSign uses blockchain technology to achieve its core focus of protecting and
empowering people to live their digital lives. Governments, businesses and
individuals around the world trust ZorroSign to safeguard their digital
documents and to provide an immutable chain of custody for their digital
transactions.





The company’s data security platform integrates Hyperledger Fabric and
Provenance Blockchain for digital signatures (Z-Sign), automated compliance
(Z-Flow), intelligent form completion (Z-Fill), immutable document storage
(Z-Vault), patented fraud prevention (Z-Forensics), user authentication and
document verification (Z-Verify), plus identity-as-a-service (IDaaS)
capabilities and so much more.

To learn more, find ZorroSign on Provenance Blockchain's Connect ecosystem at
Provenance.io/connect/zorrosign/ or visit zorrosign.com

About Provenance Blockchain

Provenance Blockchain is modernizing financial services with properly
permissioned, public blockchain technology. Since 2018, leading banks, asset
managers and fintechs have leveraged the purpose-built Provenance Blockchain to
deploy assets cheaper, faster, and safer than ever before. Provenance has become
one of the world’s largest blockchain networks with over $8 billion of financial
assets under administration and $15 billion in supported transactions, as of
September 30, 2023.

The decentralized Provenance Blockchain is built with Cosmos SDK and uniquely
balances open-source innovation, with the added benefit of institutional-grade
risk and control functions built-in to the protocol. The native utility token,
HASH, is used to pay transaction fees and enable governance.  Please visit
Provenance Blockchain at Provenance.io and follow us on Twitter @provenancefdn
and on LinkedIn.

About ZorroSign

ZorroSign, Inc. uses blockchain for superior data privacy and security.
Governments, businesses, organisations and individuals around the world trust
ZorroSign to safeguard their digital documents and to provide an immutable chain
of custody for their digital transactions. The company’s data security platform
integrates multiple blockchains (Hyperledger Fabric and Provenance Blockchain),
digital signatures, automated compliance, AI/ML form completion, document
storage, patented fraud detection, user authentication and document
verification, identity-as-a-service (IDaaS), and so much more. When the risk is
personal and everything is on the line, Block It Down! To learn more visit
zorrosign.com

Media Contacts
Dan Garzia at Provenance Blockchain
dgarzia@provenance.io
Anjali Rajvardhan
ZorroSign MENA
anjali@cbpr.me

Send us your press releases to pressrelease.zawya@lseg.com


© Press Release 2023

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