Blockchain, best known as the underlying technology for Bitcoin, provides a mechanism to lock in transactional information in such a way that it cannot be changed.
The information is shared in a distributed network, making it independently verifiable and audit-able.
With Blockchain there now is a technology that will add indisputable Proof of Authenticity and Existence to all the content you capture, create, store, share and publish.
Sphereon offers Kofax Capture™ customers an add-in in the form of a standard Kofax Capture™ Custom Module that will process each document in a batch, create a secure and unique hash (a digital fingerprint) for each document, then digitally sign it, and anchor this hash on a Factom™ Blockchain.
The Kofax Capture process and all documents become easily auditable and practically indisputable.
You will be able to provide indisputable proof of authenticity required by regulators, in audits, discovery demands, and Freedom of Information Act (FOIA) inquiries.
The Sphereon Blockchain Proof of Authenticity for
Kofax Capture™ software enables you to notarize all the documents you capture in a permanent, unalterable and independently verifiable audit-trail.
This notarization on Blockchain adds indisputable proof that a document has not been changed, or has not been tampered with, since the moment it first entered your business process.
You will also be able to prove when a document first entered your organization and the moment the business process started.
There will be no doubt when a document was captured and prove that it has not been tampered with.
This is an essential part of your information- and records management policies.
Documents are scanned and processed with Kofax Capture as before. The Scan, Quality Control, Recognition, OCR, Validation, Verification, PDF Conversion queues can all be scheduled and executed, just as you do now.
The Sphereon Blockchain Proof queue is added just before the Export queue.
Any digital information (a file, transaction, dataset, video, etc.), can be ‘hashed’ to produce a short, secure and unique identifier that functions as an electronic fingerprint.
The Sphereon Blockchain Proof creates a secure hash for each document in a Kofax Batch.
The hash is added to a Blockchain transaction and signed with a Digital Signature.
Note! It is important to know that the document itself will not be stored on a blockchain! Just the secure hash! The document will not be made public in any way.
The transaction with the unique hash is anchored on a Factom™ Blockchain. The Factom protocol is specifically designed to ensure data integrity and secure digital identities using a public blockchain.
Once the hash is committed to the Factom Blockchain, it cannot be changed or removed. It is immutable. And because the Factom data-layer is public, the transaction time and hash can be verified by the public. (Again the public cannot in any way access or read the scanned document itself)
Anyone that has the proper access rights to the captured document (and nobody else!) can now verify its authenticity and time-stamp by simply recreating the hash and verifying it on the Blockchain.
This can be done using public tools and websites or directly from your own systems or portals. We offer standard integrations for Alfresco, Office 365, SharePoint and easy to use SDKs for others.
When the document is unchanged and still authentic, the hash will also still be the same. The hash will be found on the Factom Blockchain, including the time-stamp of the registration.