Robust Technology for Regulated Documents.
docStribute® uses a 3-factor verification process that guarantees immutability and protects the integrity of any document.
Seamless Integration into your Workflow.
docStribute® is highly compatible and can integrate with many core banking platforms, solution providers, and CRM. Choose between stand-alone or integrated solutions.
Our stand-alone solutions are deployed in a matter of weeks. Our integrated solutions with APIs to link into existing technology and data represent a more comprehensive integration.
Distributed Ledger Technology.
Distributed Ledger Technology links documents to an immutable hyperlink, which is vital for regulatory compliance and ensures that all documents remain authentic and trustworthy over time. This feature supports audit trails and enables institutions and regulators to easily verify document histories, fulfilling requirements for compliance and a durable medium.
For high standards of speed and security, we use Hedera Hashgraph, the only public ledger that employs hashgraph consensus—a faster, more secure alternative to traditional blockchain mechanisms.
FAQs about Our Technology.
Created by Leemon Baird, Hedera's co-founder and Chief Scientist, Hashgraph works efficiently to verify transactions while ensuring the highest standard of security to prevent malicious attacks.
Hashgraph achieves high throughput with 10,000+ transactions per second today and low-latency finality in seconds from its innovative gossip about gossip protocol and virtual voting. Once consensus is reached, the transaction is immutable and available on the public ledger for everyone to transparently see.
Learn more about Hedera
The SHA (Secure Hash Algorithm) is one of many cryptographic hash functions. A cryptographic hash is like a signature for a data set. If you would like to compare two sets of raw data (source of the file, text or similar) it is always better to hash it and compare SHA256 values. It is like the fingerprints of the data. Even if only one symbol is changed the algorithm will produce a different hash value. SHA256 algorithm generates an almost unique, fixed-size 256-bit (32-byte) hash. Hash is so called a one-way function. This makes it suitable for checking the of your data, challenge hash authentication, anti-tamper, digital signatures, and blockchain.
SHA256 algorithm can be used to make sure you acquired the same data as the original one. For example, if you download something you can easily check if data has not changed due to network errors or malware injection. You can compare hashes of your file and the original one which is usually provided in the website you are getting data or the file from.
SHA-256 is one of the successor hash functions to SHA-1, and is one of the strongest hash functions available.
A durable medium needs to: allow information to be addressed personally to the recipient, enable the recipient to store information in a way that is accessible for future reference and for a period of time adequate for the purposes of the information (storability), allow the unchanged reproduction of the information stored (reproduction).
The concept of durable medium was first introduced in the EU by the Distance Selling Directive 97/7/ as an alternative to paper as the support or medium for information.
- Article 5, Written confirmation of information states: "The consumer must receive written confirmation or confirmation in another durable medium available and accessible to him of the information referred to in Article 4(1)(a) to (f), in good time during the performance of the contract, and at the latest at the time of delivery where goods not for delivery to third parties are concerned, unless the information has already been given to the consumer prior to conclusion of the contract in writing or on another durable medium available and accessible to him."
- The introduction of the concept of durable medium indicated the will of EU regulators to reconcile the tension between the need to adjust to the evolution of technology and the protection of consumer rights through the provision of consumer information.
By equating paper with other durable media, EU law acknowledges technological developments and the interests of both customers and service providers to have the ability to move away from paper. The components of the definition of durable medium - storability and unchanged reproduction - aim to protect consumers. This is achieved by preventing information from being given to consumers in a short-lived format and by preventing service providers from unilaterally modifying the information.
In other words, information should be placed under the customer’s control, and no longer under the control of the person giving it.
The Handbook glossary definition of durable medium specifically uses the wording common to the definitions in the various pieces of EU legislation: "any instrument which enables the recipient to store information addressed personally to him in a way accessible for future reference for a period of time adequate for the purposes of the information and which allows the unchanged reproduction of the information stored."
The Consumer Duty sets higher expectations for the standard of care that firms provide consumers. It consists of: An over-arching consumer principle: 'a firm must act to deliver good outcomes for retail clients’ as well as Three 'cross-cutting rules’ and four 'outcomes' for customers.
The four outcomes of consumer duty are:
- Products and services: Ensuring that products are designed to meet the needs of customers and are distributed appropriately.
- Price and value: Providing fair value to consumers.
- Consumer understanding: Helping consumers understand the products and services they are using.
- Consumer support: Assisting consumers in achieving their financial objectives.
When we built docStribute® there was no point replacing paper with an energy sapping blockchain, that’s one of the reasons we chose to building Hedera. The efficiency of hashgraph consensus enables Hedera to be the most sustainable public network, based on average energy consumed per transaction (0.000003 kWh), according to a recent study conducted by University College London.
In addition, Hedera has committed to being a carbon-negative public network through the purchase of quarterly carbon credits to offset the small amount of emissions from all public-facing infrastructure.
Your data security is our top priority. We employ advanced encryption protocols to protect your information at all times. Our services are hosted on Microsoft Azure, utilizing its world-class security infrastructure. We integrate cutting-edge security tools and practices, ensuring robust protection against unauthorized access. Furthermore, we are ISO-certified, adhering to the highest international standards for data security and management. With us, your privacy is not just a promise—it's our commitment.
Become one of our trusted customers.
Join the innovation in regulatory document management with docStribute®. Improve compliance, boost engagement, and ensure your communications are understood.