How blockchain could revolutionize documents
Use Cases of Distributed Ledger Technology and PDF
Excerpt: For almost 25 years, many different companies have joined forces to establish a paperless world. When we look at the adoption of standards such as ZUGFeRD in more and more countries, when we see that NARA will stop accepting non-electronic records in 2022, when we hear that digitization is a #1 priority for many governments, we know that the “dematerialization of paper” is progressing fast. However, when we look around, we also see signs of the “dematerialization of documents.” Many transactions … Read moreAbout the presenter(s)
Description
For almost 25 years, many different companies have joined forces to establish a paperless world. When we look at the adoption of standards such as ZUGFeRD in more and more countries, when we see that NARA will stop accepting non-electronic records in 2022, when we hear that digitization is a #1 priority for many governments, we know that the “dematerialization of paper” is progressing fast.
However, when we look around, we also see signs of the “dematerialization of documents.” Many transactions don’t require documents anymore: people use an app to check into a flight, to order food, even to process payments. Underneath it all, blockchain will emerge as the underlying technology to keep track of all these transactions without involving a central authority. Blockchain is a form of Distributed Ledger Technology (DLT), a distributed database that serves as an irreversible and incorruptible repository for permanent records.
In this session, we will highlight the benefits of combining the qualities of PDF with Distributed Ledger Technology. Learn how this combination caters to many new and innovative use cases.