Signatura.co, a digital signature and notarization platform based on the blockchain technology, has announced the launch of its public beta release.
According to the official blog post, Signatura draws on the concept of blockchain as a digital signature scheme with which, it provides features that are not available on traditional document signing solutions. The platform allows multiple parties to sign documents jointly, legally binding and notarizing in a way that no one can repudiate its date, content or signatures. Signatura’s core focus is on individual and institutional authentication, and towards individuals in critical and official government roles.
“Digital signatures are used in a wide range of industries, from legal to financial services. But we also see potential in education, where we are already working with career diplomas, and in government, where transparency has an important role. In fact, we are already in talks with local counties to start using the platform,” Franco Amati, Signatura co-founder, told Bitcoin.com.
With this platform, documents are encrypted and uploaded along with the selection of their required signers, granting them immediate access to the platform. Participants authenticate themselves and then download, decrypt, review and sign the documentation digitally. Documents are finally notarized after fully signed.
The platform is on contracts, company workflows or any paperwork between parties. It is also used to record immutable proofs like digital works attribution or integrity checks.
“We offer a web platform for personal and small business use, and provide a set of libraries to access our API for corporate and government clients that want to integrate their existing software,” the post stated.
Signatura plans to support physical security tokens, publicly launch its API and incorporate more optional identity validations (including currently working CAs). The platform is also planning to support current credentials from certificate authorities by not only using ECDSA as its beta but also RSA. It is working with Rootstock in order to have RSA opcodes on their smart contract platform.
