BERIBLOCK: PRIVATE BLOCKCHAIN TO ENSURE AND GUARANTEE THE INTEGRITY OF DIGITAL DOCUMENTS
Financial institutions and “fintechs� (technologybased companies that offer financial services) in Latin America are exploring applications to use Blockchain technology to improve their operational processes and internal fraud risk. Making an investment in this type of technology without being certain that it will be a success can be a risk that entities prefer not to take, either due to high development costs, lack of expertise, resources, or other reasons. The foregoing leads to these financial institutions losing all the benefits that Blockchain technology can provide today, specifically to guarantee the integrity of any electronic document, record any modification to them and certify who is their owner, all without depending on a third party such as custodians or securities deposits.
WHAT DOES BERIBLOCK OFFER? A private Blockchain made up of all the clients of the company, in which our clients can register any type of electronic document, such as electronic promissory notes, debt or capital securities, invoices, contracts, financial or merchandise certificates of deposit, diplomas and degree certificates, product integrity certificates, among many others. The main benefit provided by using the Beriblock platform is to guarantee, through state-of-theart private Blockchain technology, the integrity, authenticity and non-repudiation of any registered electronic document, and at the same time preserve the traceability of any modification
BERIBLOCK |
109
