The Lynx Stamp

Lynx

72%

Hard Copy Legal Documents

100%

Property/Company Ownership

1.1M

Documents signed a Day

9,134

Document Frauds a month

The Challenge

The are many challenges that word face with the existing paper-based documents signing and storing methods.

Although electronic documentation has several advantages, studies find our paper consumption is still increasing year-on-year as there are government offices, privet companies with an abundance of documents which require this level of authenticity for different reasons and regulation rules, should always be dealing with hard copy documents, because you never know when you might need undeniable proof of certain terms or transactions. Indeed, some laws and regulations specify that companies should keep physical documents.

There is no solid solution to secure your signature, to secure your paper-based document, to secure you real estate and even your business.

Control of state bodies (Tax, law, customs, health and more).

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.

The Solution

LYNX Team develops a unique signing method and physical signing device 

  • LYNX will biometrically identify the user.
  • Then it will create a QR code for the current signing event.
  • The QR code is linked to an web address, decentralized backed with blockchain technology.
  • The event will include all data about the signer, date, location and even a scan of the document.
  • Managers are instantly informed about the use of the company’ stamp, location and document signed.
  • In addition to the option for their remote approval/signature.

LYNX

We understand how to effectively guide you through the home loan or refinance process and avoid potential problems along the way.

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:

CLOUD LOGS

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.

Forum

We have build a forum for questions, answers and open discussion about different features, capabilities, options and suggestions. We are open to hear discus, and implement any feedback.

MAIN FEATURES

Automatic autonomous system restricted for user ID and actual date change (amendment).

Front part of the stamp includes the biometric fingerprint reader.

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.

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
Mechanical Testing
Server Side
Hyperledger Blockchain
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