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.