About ProofEasy https://proofeasy.io
Introduction •
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We have developed a new anti-fraud document verification product called ProofEasy (which utilizes block chain and QR code technology for document verification). The objective of this session to give a brief overview and demo
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Problems Challenges in Document Forgery Detection Complex Forgery Detection. Easy availability of digital editing, alteration, and manipulation tools have made forgery very easy.
Variety of digital documents needing complex and lengthy verification solutions. Lengthy procedures, complex analytics and algorithms are required to identify which of the document
Expensive document verification solutions. Traditional document verification solutions charge variable document verification fee and document storage costs separately, which make them expensive. Differentiating forgery and clarity modification. There are thinnest differences in identifying the forgeries and the alteration made in digital assets for the purpose of increasing the clarity of information representation.
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Our Solution: ProofEasy ProofEasy removes the bottleneck in fraud prevention by eliminating the need for third party verification and has the following solution for document forgery problems:
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Very high level of security guaranteed in the form a solution built on patented block-chain and QR code security technology
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Building trust as users can compare the document under inspection with the original themselves
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Efficient process where documents can be secured and shared in real time
Simple and easy to understand user interface and authentication process
Highly competitive price and value for money service which offers both document verification and storage service in one price 4
How it Works
Secure and Share Submit document
Verify & validate Scan QR code
QR code placement Encrypted hashing
Note ProofEasy validation
VeriDoc Global TM block chain security Download & share
Inspect visually Verify on block chain
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Wills
ProofEasy MVP –Use Cases: Professional Services Firms Legal, audit and other firms can use ProofEasy to secure and store original documents. ProofEasy can enable fool proof verification of critical audit supporting documents as well.
Land and other title/mortgage documents 03
02 Contracts 01
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07 Internal/ External audit reports
Trust deeds
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Power of attorneys
Some use cases of ProofEasy MVP for these firms include the authentication of above documents
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COMPETITIVE ADVANTAGES Why it is Important?
Generates a document hash (equivalent to a DNA or fingerprint of document)
Decentralized Ledger or Blockchain Technology
Stored on Immutable blockchain
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Only check fraud costs banks about $900M per year with 22% of all fraudulent checks attributed to signature fraud (1).
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Companies in the US have lost USD 500 billion due to fraud (2).
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Data breaches exposed 4.1 billion records in the first half of 2019 (3).
Sources: (1) https://towardsdatascience.com/ signature-fraud-detection-anadvanced-analytics-approach10c810cda26e (2) https://www.forbes.com/sites/lee
Always unique to a particular document
Cannot be altered by even the issuer of the document
Not possible to hack
Cannot reverse engineer a document (3)
mathews/2017/05/05/phishingscams-cost-americanbusinesses-half-a-billion-dollarsa-year/#5a6d1ee43fa1 https://www.varonis.com/blog/cy bersecurity-statistics/
ProofEasy (User) – Key Functionalities Registration • Email Registration • Company Details • Email OTP Verification 1
Other Features • Document Search • Settings • Forgot Password
Subscription • • • •
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Integration with Paypal Promo Codes Order History Download Invoice
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Upload Document • Supports PDF & Images • Add custom fields • Public Document • Private Document
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Share Document • Share via ProofEasy • Copy Link
Document Verification • Verify via ProofEasy • Verify using URL • QR Code verification • View Document • View Blockchain Certificate • Validate on Blockchain 8
Thanks Contact Us support@proofeasy.io