14.3 Million Hard Copy Legal Documents
600,000 Property/Company Ownership Documents
1.2 Million Documents signed a Day
1K+ Recorded Document Frauds a month
*Number Applied from a statistic data collected 2013-2015 in Bulgaria
Besides the industrial area we are focusing on the consumers. We are looking at decades-old hand written signature. This process of validating the signer identity is complex, expensive and not safe enough for the user. In countries of Eastern Europe, which covers a large geographic area, company’s stamp and owner’s signature has been a matter of fraud transactions and other illegal matters.
Our system will substitute this easy to copy hand-written signature and will secure it on a cloud service. The signer’s information will be completely locked for any changes and will answer the questions: when and by whom was signed the document.
Unique Lynx barcode
Records provides evidence proving that the tasks have been completed as they should be.
It is extremely important that documents and records are signed immediately after task was performed and only by the authorized person:
Biometric Validated Stamp
Document provides evidence proving that the tasks have been completed as they should be.
There is a great importance that the document signing is done at the exact date and by the authorized person
You can find example in the illustration bellow how next to the person’s name and signature an array of lines (barcode) is stamped. The barcode encodes the signer information and the date. The stamp can be scanned with almost any phone and get verified.
Automatic autonomous system restricted for user ID and actual date change (amendment).
Front part of the stamp includes the biometric fingerprint reader.
Unique Barcode Stamping
After the user has been authorized the stamp will make a Barcode-like array of lines in which the signer identity and date is encoded.
Cloud / Internal Network Stored Database
At any point the created Barcode can be read by Smartphone scanner/reader Apps and validated with a cloud stored database.
Alternatively, for extra secure needs, the data logs and all communication can be done in an internal network without access to the internet and cloud.
Where we are standing…
The biometric validated stamp is ready for first units production. We are still in the device testing step, where we are searching for failures in our lab and not in customer’s hand.
We are still in front of the challenges the software has to offer. We are building a military grade secure cloud database and at the same time developing the UI in both Android and iOS.
- Device Development 100%
- Mechanical Testing 50%
- Server Side 30%
- Server Side 10%
Hayetsira 16, Ramat-Gan 5252154, Israel