Unfraudable provides a platform that allows you to record a digital signature within Blockchain technology. The Blockchain will record your signature in what is called a “distributed ledger”. This gives you the very same authenticity of a paper document which has been notarized.

Furthermore, every individual in the blockchain network serves as “witnesses” who have an encrypted, unreadable version of your files in their portion of this blockchain network and will be able to attest to the authenticity of the Blockchain ledger.

Despite this, no one in that network is able to change the signed documents. That is impossible, even if the server is hacked. Not even our company can change your “Unfraudabled” files. Therefore, we provide the most powerful witness evidence.

The answer is Yes. Uniform Electronic Transactions Act (UETA) has been adopted 47 states. The rest three states, Illinois, New York, and Washington have implemented their own regulation of ESIGN Act. Therefore, it is commonly known that e-signatures and electric records are legally binding under the terms of this legislation.

However, simply putting two name symbols on a document online does not make it legal. As UETA suggests, electronic signature processes should consider:

- Authentication / Consent / Intent to be bound / Attribution / Security / Record Retention

Authentication – Unfraudable have double-verification system to authenticate the signatory’s identity. Verification content will be only viewed by participants and stored in Blockchain.

Consent – Each individual will have his own private account, and documents and files will be managed and stored in AWS server.

Intent to be bound – Video verification process will confirm signatory’s intention once the document is signed, and the video evidence will be encrypted and stored in Blockchain.

Security

1. All Unfraudable documents are encrypted using SHA 256-bit encryption.
2. For any document in transit to be signed, all communications are encrypted using SSL to secure any transactions.
3. Electronic signature will combine with audit trail, tamper sealing, and Blockchain evidence storage.
4. All of the documents and evidence will be stored in Blockchain. Once data was on blockchain, evidence will not be changed or hacked. Therefore, even if someone were able to bypass physical security and access a hard drive, they wouldn’t be able to delete or make any change on your data.

Record retention - All customer files have a hot backup in a different AWS region and all of our source code and hash codes encrypted from documents are stored in IBM Hyperledger Blockchain. This ensures your data remains secure and unforgeable.

Unfraudable is not an authorized notary service due to government licensing and the lack of an official notary seal. However, we do serve a very similar purpose to a standard notary and our validation will likely hold up in court (see below). In some ways, it is even more secure than a standard notary and that greater security can even be purchased at a lower cost.

We have strong beliefs around our users’ privacy, especially the kind of highly sensitive content that requires witness. Therefore Unfraudable.com does not use any user`s data for research or commercial uses. We also operate by principles to keep your data safe. For instance, your order will be given its own unique “token”, and only your unique token which no one else has access to will open up the encrypted file containing the data of your secure signature.

And as for the security of the blockchain itself, it may be helpful to understand a little about how it works. There is an encrypted copy of the distributed ledger on each computer in the network, to protect the file…. However, it is impossible for them to crack the encryption and gain access to your file, because:

1. We do not store your entire document onto the blockchain, so there is no way that that they can access the document.
2. The way we encrypted our file involves 2^6144 different combinations, Which is more than the number of atoms in the entire universe.
3. The method we use to encrypt the file is a one-way encryption technique, which is impossible to reverse.

Blockchain records all the evidence whereas nobody can change it or read the content.

Blockchain’s intent is to replace an external, trusted third party (including the need for certificate authorities), and also prevent anyone from being able to go backwards and cover their tracks if they corrupted an entry. It means once documents are signed through Unfraudable, they will be kept on Blockchain forever, and the evidence become indestructible. Moreover, it provides extreme privacy to participants because Blockchain will be the only “Witness”.