A leading Nordic financial services group wanted to ensure the integrity for all their electronic banking transactions, providing customers with indisputable proof that the bank’s assets are protected against insider attacks, external breaches and fraud.
Blockchain solution was implemented to prevent attacks against the misuse of their systems.
The keyless signatures are stored and archived with each transaction log, providing proof of time and integrity for the life of their data. Since the signatures do not use any public/private encryption keys for long-term verification, the proof will never expire. The signatures are portable, thereby enabling client to electronically archive their signed logs without loss of legal strength. This reduces the risk as well as their overall paper-based and digital archiving costs.