London-based RegTech startup docStribute (www.docstribute.com) has launched dSign, a digital signing solution leveraging the power of Distributed Ledger Technology and the existing infrastructure of flagship product dSend.
The product is ideal for smaller brokers, insurtechs and insurance industry supplier companies, who want to build partnerships, onboard faster and keep accurate records for regulatory reasons.
dSign will be available to companies of all sizes and is built around the needs of SMEs in particular, democratising digital signatures by making all features available for all sectors at a single, low cost, flat fee (with no hidden costs). dSign will support smaller companies by providing an easy and intuitive solution to inefficient and unsustainable physical signing. Immediately upon launch, dSign will take on an established market (with providers such as DocuSign that have ~75% market share) by offering drastically lower fees, unlimited users, DLT security, 2-factor authentication as standard, and much more.
Built on Hedera Hashgraph, dSign uses cryptography, 256 digit alphanumeric code, and a seamless three factor verification process to store documents and create secure links to them. When signed, the content of the documents and their signatures are secured with a docStribute digital stamp – ensuring one true source of the final contract, while recording a real-time audit trail.
dSign offers users the solution of legally binding digital signatures which reduces turnaround time by 80%, enabling business to be conducted faster, more securely and in a more environmentally-friendly way.
There is a fixed fee of £20 per month scheme too by the way.