Signature
The Signature Process streamlines digital signature directly on the Algorand blockchain.
Last updated
The Signature Process streamlines digital signature directly on the Algorand blockchain.
Last updated
Our Tokenization Signature Process is designed with two primary functions to boost the security and efficiency of the signature process. The first function, "Sign," enables users to begin the signing process by clicking the sign button on our Notarizations interface. Signing a document requires the user's password and is securely executed on the Algorand Blockchain. The second function, "Forward," allows users to enter the email addresses of one or more recipients, who are then invited to sign the document. Recipients receive a "Request of Signature" email, inviting them to either register or log into our platform. Here, they can view detailed information about the file, download the document for review, and sign it on the blockchain, completing the process.
The signature includes a robust process for users to sign Tokenized files on the blockchain using their Algorand wallets. This process ensures the integrity and authenticity of the transactions and involves several critical security steps.
The Hash sha-256 of the file is signed using the user's private key with the Algorand SDK function sign_bytes(to_sign, private_key), ensuring the signature's security and uniqueness.
The outcome is a verifiable base64 signature string that is intrinsically linked to both the document and the signer's identity. This signature is then incorporated into the metadata and recorded on the blockchain.
The metadata of the notarization is modified and the list of signers and their corresponding signatures are added. Each time a new signature is added, the signer and their signature are appended to this list.
Then, a transaction to reconfigure the Asset associated with the notarization is executed, linking this new metadata to the asset. This step integrates the signature details directly into the blockchain, providing a transparent and secure record.