ZorroSign Announces Growth Partnership
with Vision Tech Solutions

Strategic Reseller Partnership Brings ZorroSign’s Data Security Platform to New Markets

PHOENIX, ARIZONA, September 26, 2023 / EIN Presswire / — ZorroSign, Inc., a global leader in data security solutions built on blockchain, today announced a strategic partnership with Vision Tech Solutions in the United Arab Emirates. This partnership will unite ZorroSign’s data security platform and blockchain technologies with Vision Tech Solution’s IT infrastructure and services across the Gulf region. Initially as a reseller, Vision Tech Solutions will bring ZorroSign to new companies and new markets as the partnership deepens with integrated capabilities and technology alignment.

“We are thrilled to partner with Rajab and his team at Vision Tech,” said Shamsh Hadi, CEO and co-founder of ZorroSign. “Their customer service focus and top quality IT services map well to ZorroSign’s values and data security strengths. We are eager to see what our combined technology solutions can achieve for companies in the UAE, the larger Middle East and North Africa region, and later into Europe.”

ZorroSign was founded with a commitment to advancing technology while advancing sustainability, and ZorroSign’s goal is to help customers adopt sustainable practices and securely transform paper-based workflows into digital workflows. This conscientious approach to operations helps to decrease costs, lower resource consumption, reduce data errors, and increase productivity. Businesses, educational institutions, financial organisations, governments, IT firms, legal service providers, real estate companies, and others use ZorroSign to privately and securely manage their digital transactions.

“Vision Tech aspires to be a global leader in Information Technology, driving technological advancements and delivering sustainable solutions that improve the lives of people around the world,” added Rajab Virani, CEO at Vision Tech Solutions. “ZorroSign is an ideal technology partner for us—not only bringing a practical, scalable blockchain solution to data security and digital signatures, but doing so with an overarching commitment to sustainability.”

ZorroSign today has an extensive customer base for its data security and digital signature solutions built on blockchain in Gulf Cooperation Council (GCC) countries, India, Sri Lanka, the United States, and Canada. The technology company is aggressively expanding into European markets next and seeking new strategic alliances across the EU and UK in 2023.

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About Vision Tech Solutions

Vision Tech Solutions DMCC specializes in providing companies with bespoke IT technical services, consultancies, infrastructure, and support. Headquartered in Dubai, UAE, Vision Tech Solutions unites a qualified and experienced technical and management team, whose collective experience in the IT industry spans several decades, to deliver the most proper technical applications for transformation to blockchain technologies with emphasis on the economic return. A strong research and development team working on futuristic technologies contribute to the company’s success in providing leading-edge technologies to its clients. To learn more visit visiontechsolutions.com

About ZorroSign

ZorroSign, Inc. uses blockchain for superior data privacy and security. Governments, businesses, organisations and individuals around the world trust ZorroSign to safeguard their digital documents and to provide an immutable chain of custody for their digital transactions. The company’s data security platform integrates multiple blockchains (Hyperledger Fabric and Provenance Blockchain), digital signatures, automated compliance, AI/ML form completion, document storage, patented fraud detection, user authentication and document verification, identity-as-a-service (IDaaS), and so much more. When the risk is personal and everything is on the line, Block It Down! To learn more visit zorrosign.com

Media Contacts

Rajab Ali Virani

Vision Tech Solutions DMCC

[email protected]

Michael Jones

ZorroSign, Inc.

[email protected]

ZorroSign updated our user experience last year, making it even easier for you to Z-Sign agreements, execute transactions, and manage digital documents on blockchain.

From your iPhone or computer, ZorroSign’s data security platform built on blockchain facilitates quick, secure digital signatures . . . plus AI/ML form fill, identity-as-a-service to ensure user authentication, blockchain technology for privacy, security, and document verification, patented fraud prevention, and so much more!

To showcase our new user experience, we’re producing video “shorts” to show actual ZorroSign users signing agreements, building approval workflows, and managing digital documents anywhere, any time.  For example:

• See Connor sign a document on his iPhone while walking between offices
• See Matt sign a document on his iPhone before teeing-off on a golf course
• See Connor sign a document on his laptop while relaxing outside

Further, we have great testimonials on our YouTube channel here.

And you can view our growing library of How-To videos showcasing basic ZorroSign functionality, including Z-Sign, here.

Sign up for a 14-day Free Trial (no credit card required) to put us to the test, or contact us if you’d like to see any other videos on ZorroSign, Z-Sign, or our other key features. 

When security is mission-critical, Block It Down!

Blockchain has emerged as a transformational technology in various industries over the last few years. When it comes to legal services, blockchain technologies can support the privacy, security and document management requirements vital to law firms, legal departments, and attorneys.

Here are some ways blockchains can revolutionize legal services and offer a multitude of benefits to enhance efficiency, security and trust in legal operations worldwide.

Smart Contracts

Blockchain technology incorporating smart contracts, for example, can automate the process of creating, executing and managing contracts. Smart contracts, which are self-executing contracts with the terms and conditions directly written into code, can be stored and executed on the blockchain. This hard-coded contract management eliminates the need for intermediaries, reduces the risk of fraud, and ensures transparency.

Smart contracts also have the potential to revolutionize dispute resolution within the legal system. In the event of a disputed agreement or terms, the transparency and auditability of smart contracts enable quick and efficient resolution. Parties involved can rely on the immutable records stored on the blockchain to validate the final state of the contract and ensure fair outcomes.

“The advent of blockchain technology and smart contracts presents a unique opportunity for the legal industry to evolve and adapt to the demands of the digital age,” notes a recent CityLife article. Legal professionals can thus benefit from using blockchain technology that enables the creation, storage, and execution of smart contracts, ensuring secure and tamper-proof agreements, while advancing their client services.

Immutable Document Management

Legal services heavily rely on accurate and trustworthy evidence. Blockchain’s immutability and transparency make it the ideal solution for managing legal documents and data in digital formats. By providing a tamper-proof record of all contract-related activities, blockchain technology can help to ensure that all parties are held accountable for their actions and to their commitments. This can be especially important in cases of complex, multi-party contracts, where it can be difficult to track and manage all of the different activities and obligations.

Blockchain “technology generates a systematic, untampered audit trail of the history of any action taking place in a document, which can be viewed in a history tree, providing a more superior history and audit trail than anything else that currently exists,” explains Accenture. “The digitization of paper-based contracts onto the blockchain holds the potential to revolutionize the way contracts are prepared, transacted, amended, stored and complied with.”

The legal industry rests on maintaining accurate and trustworthy records and evidence. Blockchain’s immutability and transparency make it an ideal technology for document management and evidence preservation for law firms, legal departments, and attorneys.

Digital Identity Verification

In one more example, identity verification is a fundamental aspect of work done in legal services, whether it involves client onboarding, compliance, notarization, or other agreements between strangers. Blockchain technology can streamline these processes by enabling decentralized and secure digital identity verification through blockchain-based identity solutions.

“Blockchain-based identity has the potential to offer increased security, privacy, and efficiency in various industries, including banking, supply chain management, and voting,” notes Jay Speakman in a new Be In Crypto article. “By creating a decentralized and tamper-proof identity application, blockchain can reduce the risk of identity theft and fraud while providing users with more control over their personal data.”

With such technologies, individuals control their personal information via blockchain, granting access to specific details only when they choose to share. This not only enhances privacy and creates a relationship of trust, but as mentioned above, can greatly reduce identity theft and fraud.

ZorroSign For Legal Services

ZorroSign’s data security platform built on blockchain technology is just what your legal team needs to take the privacy and security of your law firm to the next level. To learn more about how ZorroSign supports attorneys, and how blockchains elevate legal services, visit our Legal industry page or contact ZorroSign today!

The ever-growing amount of digital data and the increasing complexity of cyber threats have made data security more important than ever before.  In 2023, companies must take steps to elevate your data security to protect both your own information and that of your customers.

One of the main risks to digital data today is the increasing sophistication of cyber attacks.  Hackers are using more advanced techniques to bypass traditional security measures—such as using machine learning to evade detection and launching targeted phishing and spear-phishing attacks against specific organizations.  Companies must be prepared to defend against these types of attacks by implementing advanced security measures, such as artificial intelligence-based security solutions, and regularly updating and patching your systems.

Another risk to digital data in 2023 is the growing number of connected devices and the Internet of Things (IoT).  As more devices are connected to the internet, the attack surface for hackers becomes larger, making it easier for them to gain access to sensitive information.  Companies must take steps to secure your IoT devices and to ensure that those devices are not used as a means to gain access to other systems.

Further, the use of cloud services and the increasing amount of data that is stored in the cloud has also increased the risk of data breaches.  Companies must ensure that your cloud services are properly configured and that you are using a reputable provider with a strong track record of security.  Companies also need to implement strong access controls and encryption to protect data stored in the cloud.

Protecting data against the growing risks in 2023 requires a multi-layered approach that includes regular updates and patching, securing IoT devices, properly configuring cloud services, adopting advanced security measures such as:

• Blockchain technologies for tamper-proof record keeping with no single point of failure
• Digital signature technologies to authenticate and authorize remote transactions
• Identity-as-a-Service solutions for scalable identity and access management (IAM)
• Passwordless authentication to reduce the human risk in security systems

Organizations that fail to take these steps will be at a higher risk of data breaches and will be more vulnerable to cyberattacks.

It is important to remember that data security is not only important to protect your company’s information but also to protect the personal data of your customers and employees.

To read more about the growing risks to digital data in 2023—and learn how adding blockchain, digital signature, IDaaS, and passwordless authentication technologies to your security stack can combat those risks—download our eBook today or contact us to start a discussion!

Guest blog by Priyal Walpita, CTO at ZorroSign, Inc.

Digital Identity (digital ID) is a representation of information and data unique to a particular person, organization, or group. The role of blockchain in digital ID is to make it more secure, flexible, and interesting.

For individuals, at its most basic level, it consists of a collection of information about a person such as first and last names, date of birth, nationality, passport number, etc. All of these data points are issued and stored by centralized entities. For companies or organizations, digital identity consists of information about their users. The downside of this is the business risk that comes with the rise of user privacy-centric regulations, such as the EU’s General Data Protection Regulation (GDPR). In any case, when they are being relegated to tight-lipped data vaults, the use of this data becomes less which will in return reduce the improvements of the products and the true customer understanding.

What is Digital Identity and Why is it Important?

Digital Identity comprises everything and anything you have on the web which includes but is not limited to images, preferences, usage behavior on websites, bank account information, etc. With the present advancements in digital platforms, digital identity varies across banking systems, social media platforms, and telecommunication.

The importance of blockchain in digital identity is mostly based on securing individuals’ data in a distributed ecosystem. Blockchain plays a major role in ensuring accuracy when speeding up the process of customer onboarding as well as preventing any money laundering and fraudulent activity. Digital identity could help in standardizing and streamlining citizen services in different nations while having a significant part in the facilitation of social transformation projects while ensuring economic improvements.

Being precise on the identity issue eradication, using blockchain identity management, inaccessibility, fraudulent identities, and data insecurity are broadly being discussed. All the traditional methods used for identification have led a significant amount of the population to stay out of the process. Although it has been crucial for an individual to have an identity to gain access to education, the job market, traveling, governmental services, and financial systems. On another hand, the stored data and valuable identification information have been appealing to hackers. Despite all the regulations, legislation and efforts in increasing more and more cyber security, there was an exposure of a considerable amount of consumer data at a large cost. In addition to the above-mentioned issues, users tend to juggle various identities combined with usernames across websites. Data generated by one platform on another platform has no standardization and the links which are weak between the digital and offline IDs give a higher probability of the creation of fake identities.

Effectiveness of Blockchain

Improving the digital IDs with blockchain technology as the base brings several advantages, including improved:

• Security
• Privacy
• Integrity
• Trust
• Simplicity

Security-wise, blockchain gives the element of maintaining data in an immutable and encrypted manner, ensuring that the digital identity is secure and easily traceable. In terms of privacy, efficient blockchain encryption, with the facility of digital signatures, ensures effective design and privacy while the maintenance of records of all the identities throughout the nodes across the network creates integrity. In improving trust, the maintenance of communication metadata in a distributed ledger and consensus mechanisms that helps to verify data authenticity across several nodes, plays a major role. Blockchain brings simplicity through the clear roles that are set for the identity issuers, owners, and verifiers in the processes associated with each stakeholder.

In the management of blockchain digital identity, the advantages are crucial for its sustainability. These include:

• Relief from cumbersome paper-based identity management
• Self-sovereign identity and easier ID verification
• Non-custodial login solutions
• IoT system user identify management
• Decentralized web identity solutions
• Improved safeguards for critical infrastructure

Moreover, using blockchains in digital IDs have the following benefits as well:

• Manageability and control
• Decentralized storage
• Decentralized Public Key Infrastructure (DPKI)

Decentralized Public Key Infrastructure (DPKI) is at the heart of Decentralized Identity. Blockchain’s role here is to create a tamper-proof and trusted medium in distributing the asymmetric verification and encryption keys of the holders of the identities. DPKIs give users the ability to anchor or create cryptographic keys on the blockchain in a way that is chronologically ordered. These keys are used in the verification of other users’ information. Identities that are created on the blockchain are inherently safer to use than those that are stored on centralized servers. Cryptographically secure Ethereum blockchain, along with distributed data storage systems like InterPlanetary File System (IPFS) or OrbitDB, enables disintermediate of existing centralized data storage systems maintaining trust and data integrity. When compared, the responsibility of the data security of the identity in centralized identity systems falls under the entity providing the identity. In contrast, the responsibility of the decentralized identity framework falls completely on the user. The user has the sole right to implement his or her security measures or even outsource the tasks to any other service. The main advantage here is that the decentralized identity solutions that are blockchain-powered forcefully make the hackers attack the individual data stores which  becomes highly costly and unprofitable.

Digital identity has increasingly become a part of the social as well as the economic well-being of people all over the world. It has enabled an individual’s right to vote, and access education, and financial systems. Blockchain has become a crucial part in securing these identities by helping to create a decentralized identifier in parallel with the facility for associating digital identity with verifiable credentials. This enables an ultimate digital identity across different platforms under the individual’s control and ownership.

What is IDaaS?

Identity-as-a-service (IDaaS) is any cloud-based identity management solution that enables organizations to securely authenticate and manage the identities of their users. IDaaS solutions can be used to manage a wide range of identities, including employees, customers, partners, and devices.

At a basic level, all IDaaS platforms are created to enhance online user experiences, secure access to critical enterprise applications, and reduce IT resource-related expenses with efficient identity and access management (IAM) and privileged access management (PAM).

“Sound identity management is essential,” writes Mark Diodati at Gartner. “Without good IAM, you are at real risk for data breaches and denial of service attacks. And IAM is hard to get right.”

The overarching goal of IDaaS solutions is to ensure users are who they claim to be—and to give users access to applications, data, systems, or other digital resources as authorized by their organizations.

“Some of the pros associated with IDaaS offerings include the ability to consume rather than host IAM and offloading some of the management overhead associated with IAM to an external provider,” writes Chris Hughes for CSO. “Other benefits include feature-rich offerings that make your IAM implementations more robust and secure in many cases. Most IDaaS providers offer native and integrated capabilities such as single sign-on (SSO) and multi-factor authentication (MFA).”

With this introduction, let’s look at how blockchain technology can help to improve and support IDaaS.

Blockchain and Decentralized Identifiers (DID)

One of the most well-known applications of blockchain technology in IDaaS is in the realm of decentralized identity (DID). A DID is a digital identity that is owned and controlled by the individual, rather than a central authority.

“Decentralized identifiers are stored on distributed ledgers (blockchains) or peer-to-peer networks,” explains Ethereum.org. ”This makes DIDs globally unique, resolvable with high availability, and cryptographically verifiable. A decentralized identifier can be associated with different entities, including people, organizations, or government institutions.”

Since DIDs are stored on the blockchain, they are more secure, transparent, and auditable. They also have the potential to enable individuals to have more control over their personal information and to reduce the risk of identity theft, ensuring peace of mind when it comes to the security of their personal data.

Blockchain and Identity Verification

Another area where blockchain technology supports IDaaS is in the realm of identity verification. Identity verification ensures that the individual claiming a particular identity is actually who they say they are. It is a very important, if not the most important, aspect of digital identities, especially as identity theft “frequency has sky-rockets in the past few years,” according to the National Council on Identity Theft Protection. “Nearly half of all U.S. citizens became a victim of some form of identity theft in 2020.”

Blockchain technology, however, can help to improve the accuracy and efficiency of identity verification by providing a tamper-proof record of activities and transactions. It can also help in developing new identity management systems with digital identity frameworks featuring decentralized identifiers.

Accenture, a global consultancy, has defined five immediate areas where blockchain-based digital identity management brings strong benefits:

• Secure and seamless travel, even across international borders
• Healthcare records that can be easily shared and managed by individual patients
• Background checks and training records for educational and professional credentials
• Streamline know-your-customer (KYC) processes across organizations
• Validate proof of ownership or insurance of physical or digital assets

Blockchain Security Elevates IDaaS Data Security

Blockchain has the power to improve IDaaS’s solution’s data security by bringing the decentralized, cryptographically secured blockchain data architecture to identity management. An estimated 81% of hacking-related breaches leveraging either stolen and/or weak passwords, putting even IDaaS solutions at risk—however, blockchain technologies can help IDaaS solutions to eliminate one of the most glaring gaps in cybersecurity, as distributed ledger technologies (DLTs such as blockchain) provide two means of preventing and/or ameliorating the threat of ransomware attacks: First, by decentralizing the data set itself; and second, by giving endpoints a quick path to recovery, even if they are themselves breached and access ransomed.

For example, unlike centralized databases—which can be breached at unsecure endpoints (users and devices) or even at MSPs hosting them, giving attackers complete control once they gain central access—blockchain technology distributes data across geographically separate nodes. By decentralizing data storage, blockchain effectively prevents any one endpoint (even if compromised) from gaining control of the full data set. This distributed nature so defeats any attack seeking to breach a system and holistically encrypt the data files stored therein: A single endpoint node might be breached and its files held for ransom, but the larger data set cannot be controlled by any one endpoint (or central authority) and so attackers cannot capture the full data set for encryption, ransom, and shutting down the network.

Further, each endpoint node (or user) has a unique encryption key to access and write to the distributed ledger. If any one of those endpoints is successfully attacked (presumedly compromising their access key), the blockchain can simply remove distributed ledger access for that compromised key, issue the endpoint a new key, and allow that endpoint to quickly regain distributed ledger access (effectively as a new endpoint).

This unique recovery process maroons any ransomware on the endpoint it attacked—ending its access and threat—while allowing the endpoint to re-engage the larger data set: With a new key and without needing to pay any ransom to the attackers for restored access.

The Perfect Pair United on ZorroSign’s Platform

Blockchain technology has the potential to support IDaaS in many ways: It can provide a secure, decentralized database, and enable faster, more efficient, and heightened secure identity management. It can also help to reduce the risk of fraud and errors and provide a more transparent and auditable record of all identity-related activities across IDaaS solutions.

ZorroSign unites both blockchain architecture with IDaaS capabilities to help your organization better manage identity access and elevate data security!

Contact us to learn more about our data security platform built on blockchain and put us to the test:  Start your free trial of ZorroSign’s data security platform today.