SAN FRANCISCO, January 15, 2019 — PandaDoc, the leading sales proposal, contract and eSignature solution, announced the release of the new Ethereum blockchain integration for verifying the authenticity of signed documents. The new built-in integration helps PandaDoc customers to leverage the power of blockchain technology in creating tamper-proof records of document existence and integrity.
"We are seeing an increasing interest in solutions that can address digital trust issues. The number of digital documents our customers send every day is increasing and often they face the challenge of proving their authenticity," says Mikita Mikado, PandaDoc CEO. "Our goal was to implement a protection algorithm helping to verify that the documents were not altered."
For signed documents, PandaDoc creates a cryptographic hash (the unique fingerprint) which is automatically persisted into the Ethereum blockchain. The created proof is irrevocable and can be shared with anyone to check digital evidence for the signed documents’ authenticity in any Ethereum blockchain explorer.
PandaDoc’s blockchain integration solution is also a powerful and affordable way to verify documents (without accessing the document content). The blockchain technology provides proof of transparency without disclosing private and sensitive data. It can be used, for example, in business contracts, legal and financial documents.
This is only the first step. The company is also exploring other opportunities for future development, such as letting customers choose what public blockchain they would like to use — for example, Bitcoin, EOS, Cardano or Exonum.
For more information on the PandaDoc Blockchain Integration, contact us.
PandaDoc is the leading sales proposal solution that enables sales teams to create, send, track, and eSign beautiful proposals and quotes. It empowers more than 10,000 sales teams and provides performance tracking and analytics tools for sales leaders. PandaDoc moves deals through the pipeline faster with better proposal and contract generation using pre-built templates, content from marketing, and customer data from your CRM.
PandaDoc was founded in 2013 and is based in San Francisco, California. Learn more at pandadoc.com.