ZorroSign, Inc., a global leader in blockchain-based digital signature solutions, announced an Insights Success cover story lauding the company as one of the “Ten Most Innovative FinTech Solution Providers in 2022.” The article celebrates ZorroSign’s multi-chain blockchain platform as a groundbreaking solution in financial technologies and driving force for blockchain and web3.
For financial service organizations, adopting emerging technologies has historically been a slow endeavor. With the boom in fintech the past ten years, however, financial service organizations from accounting firms to banks, credit unions, and credit-card companies, to finance companies, insurance companies, payment providers, and conglomerates have all moved faster to adopt new technologies and gain a competitive advantage in serving their customers.
“We are thrilled to be recognized by Insights Success and counted amongst the most innovative fintech solutions providers today,” said Shamsh Hadi, co-founder and CEO of ZorroSign, Inc. “As most financial service providers currently deploy legacy technologies, the opportunity for early adopters to leap ahead with blockchain solutions—such as ZorroSign—becomes an asset and key competitive advantage.”
Blockchain, built for zero-trust environments, is the ideal architecture for tracking and storing digital transactions and documentation, and another way web3 technologies support evolving financial services. Launched with private Hyperledger Fabric blockchain, ZorroSign’s multi-chain blockchain platform now supports the public Provenance Blockchain as well, giving fintech users an entirely new world of decentralized digital transactions. Provenance Blockchain, which reduces the need for third-party intermediation, drastically reducing costs and freeing up capital in financial transactions, ensures ZorroSign’s platform provides greater transparency and liquidity for financial service organizations, and allows for new kinds of financial engineering and business opportunities.
ZorroSign’s web3 platform unites digital signatures, identity-as-a-service (IDaaS), contract lifecycle management (CLM), privacy compliance, patented fraud prevention, user authentication, and document validation. This unique combination of technologies efficiently addresses the challenges of electronic document security for major corporations, government organizations, and individuals around the world.
“We saw a need in the market to push past web2 solutions for digital signatures and digital transactions, old information architectures that consolidate data with a provider—leaving centralized data at risk to cyber-attacks and pulling data ownership away from users to be monetized by the legacy technology provider,” added Mr. Hadi. “ZorroSign empowers our users with the latest web3 solutions that decentralize data and allow them to always own their documents and transaction metadata.”
