Proof of Evidence Blockchain Service for Compliance, Provenance and Data Verification
Evident Proof has launched an Ethereum blockchain and token-based service that turns data into immutable proof chains, transforming the way data is stored and providing indelible evidence that can be used to meet compliance, provenance and other data verification requirements. It will enable organisations and individuals to use immutable certificates as proof of events for risk analysis, dispute resolution, legal cases and others.
The service provides an immutable provenance record where data cannot be destroyed or falsified, which can be used to identify counterfeit products and to inform lawsuits, while also allowing business intelligence to be extracted at a granular level. Data owners who store digital records on the Evident Proof platform can request immutable proof certificates that provide evidence of compliance or provenance, and which can be used for dispute resolution, as court-ready evidence, or as an anti-counterfeiting measure.