trace:original
Enigio
Description
Enigio’s trace:original enables the creation of digital original documents that are secure and compliant with current legislation and freely transferrable to anyone. The fully digital document original is pre-integrated with Fusion Trade Innovation’s guarantees workflow. Both users and recipients can keep their existing systems and processes, while dramatically reducing the cost and the risks associated with handling paper. Enigio’s trace:original also enables easier expansion to new technologies (e.g. AI-based innovation).
Traditional trade processing is heavily dependent on paper, in recent efforts to be ‘greener’, many are moving away from physical documents, searching for more automated, efficient processes that are more protected from the risk of fraud. This move has been accelerated by the pandemic, with increasing demand for digital processes and expectations that customers can do everything from home. Moving from a paper-based to a digitalized process can be deemed to be expensive and time-consuming, however trace:original provides a fully integrated workflow that can replace the entire paper lifecycle.
Complete, end-to-end replacement of paper
Immutable, with protection from fraud, and with a full audit trail for all steps, trace:original supports the full document processing lifecycle but, as a digital solution, helps reduce the costs and risks associated with paper. The solution eliminates the time-consuming and expensive processes associated with document creation by reducing 82% of the tasks that require manual intervention, including scanning, storage, retrieval, and physical delivery of physical documents.
Easy to switch and compatible
Achieve a smooth transition to digital processes with a simple application process. There is no need for the person or entity receiving the document to use any specific software or sign up to any closed platform.
Reduced costs and enhanced fraud protection
Trace:original is fully integrated with Fusion Trade Innovation, reducing the costs associated with paper-based transactions. It also provides protection against fraud, forgery, and cyber security by using a blockchain-based notary.
General information
How it works
A robust document
The system creates unique, identifiable documents that can be distinguished from copies and have a digitally verifiable owner. By creating immutable documents, content cannot be manipulated by anyone, including both the current owner.User-friendly
Documents have a familiar look and feel to a PDF document and are easy to process.Easy to handle
Documents are freely transferrable to anyone (regardless of system access or system licenses) simply by sending the file to a specific digital address.Security-first
A digital public notary service (based on a cryptographic ledger / blockchain) secures an anonymous secure audit trail for the document. All business data contained within the document is maintained only in the file – the ledger contains cryptographic information that can be used for validating the file. This means that no business data is stored anywhere else but the file and can be stored in the owner’s chosen location.
How it looks
Digitize your processes
Produce immutable, traceable documents with enhanced fraud protection.Keep everything under control
Generate and maintain one valid and original document of title – solely controlled by the current holder and stored in the location of choice.Improve efficiency
Enhance your product offering by reducing processing turnaround times.
Digitize your processes
Produce immutable, traceable documents with enhanced fraud protection. Resources
